archived as published
Tuesday, 6 October · prices through NSE close
HDFC Bank's period end deposits grew 18.8% year-on-year to Rs 33,27,500 crore as of September 30, from Rs 28,01,800 crore. Gross advances grew at a slower pace of 16.3% year-on-year to Rs 32.20 lakh crore in the same period.
HDFC Bank announced the appointment of ICICI Bank veteran Anup Bagchi as Managing Director and Chief Executive Officer for a 3-year term effective October 27, 2026, replacing Sashidhar Jagdishan. The Reserve Bank of India approved the appointment, and HDFC Bank shares rose over 2 per cent following the announcement.
Bajaj Finance reported that its assets under management grew 26.5% year-on-year to Rs 5.85 lakh crore as of September 30, 2026. The company's shares rose following the announcement of the strong growth in its September-quarter business update.
Larsen & Toubro's Power Transmission & Distribution business secured multiple engineering, procurement and construction orders valued at Rs 10,000-15,000 crore across India, Saudi Arabia and the United Arab Emirates. The orders cover 380 kV transmission and substation segments and are intended to strengthen power transmission infrastructure and enable renewable energy evacuation.
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