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HDFC Life’s net declines 11% on Covid claims in FY2021-22, to raise capital

HDFC Life’s net declines 11% on Covid claims in FY2021-22, to raise capital

by AIP Online Bureau | Apr 26, 2022 | Indian News, Life

Vibha Padalkar, MD & CEO, HDFC Life Insurance With a total premium of almost Rs 46,000 crore up 19 per cent y-o-y, over Rs 38,583 crore recorded in year-ago period, the life insurer’s asset under management (AUM) crossed Rs 2 trillion mark, clocking 17 per cent...

HDFC Life launches ESG fund

by AIP Online Bureau | Jan 24, 2022 | Climate, Environment, Renewable Energy, Indian News, Life

The objective of this fund, which will be part of HDFC Life Click 2 Wealth, is long-term capital appreciation through investment in such select companies across market capitalisation Mumbai: HDFC Life, the has launched its sustainable equity fund, currently available...
HDFC Life’s net declines 11% on Covid claims in FY2021-22, to raise capital

HDFC Life net profit rises 3% to Rs 274 cr in Q3 FY 22

by AIP Online Bureau | Jan 22, 2022 | Indian News, Life

“Business sentiment remains positive and the high-frequency indicators suggest economic revival is on track. We are optimistic about the sustenance of business momentum in the months to come,” said Vibha Padalkar, MD & CEO, HDFC Life Insurance Mumbai: HDFC Life on...
HDFC Life’s net declines 11% on Covid claims in FY2021-22, to raise capital

HDFC Life completes acquisition of Exide Life; merger to take place shortly

by AIP Online Bureau | Jan 1, 2022 | Indian News, Life

Vibha Padalkar, MD & CEO, HDFC Life HDFC Life completed the acquisition of 100% stake in Exide Life from Exide Industries through issuance of 8,70,22,222 shares at an issue price of Rs. 685 per share and a cash payout of Rs. 726 crore,aggregating to Rs. 6,687...
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