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HDFC Bank, India’s largest private lender by value, reported a 7% year-on-year increase in advances for the three months ended September, according to its preliminary business update for the second quarter. Deposits grew 15.1% during the period, outpacing the industry average growth of approximately 11.5%. Quarter-on-quarter, bank loans increased by 1.3% and deposits increased by 5.1%. “Deposit growth is the most important metric for HDFC Bank and appears healthy,” analysts at Sanford C. Bernstein (India) said in an Oct. 4 note. There is a clear improvement in the liquidity environment. ” Strong credit growth in a resilient economy has led…

For the week of September 29 to October 5, 36 real estate transactions totaled $34,227,055*. 40 Springview Lane, Elk Creek Condominiums, Fraser 1,558 square foot, 2 bedroom, 2 bath condo. Seller: Gregory R. Lewis Revocable Trust Buyer: Matthew Humso and Jennifer Humso Price: 950,000 655 Cirrus Way, Granby 0.605 acres of vacant residential land. Seller: Simmauro LLC Buyer: MC Realty LLC Price: $250,000 1262 Lower Ranch View Road, Granby 0.32 acres of vacant residential land. Seller: Fabio & Sara Massena Purchaser: Granby Ranch Homes LLC Price: $140,000 1166 Lower Ranch View Road, Granby 0.31 acres of vacant residential land. Seller:…

Rangers outfielder Evan Carter is rehabbing from a hip injury that cost him most of the season and plans to remain in Dallas this offseason. But the aftermath of Hurricane Helen didn’t leave him with many options.For the past two winters, Carter’s rented home near his hometown of Elizabethton, Tenn., was washed away by flooding as Hurricane Helen swept through eastern Tennessee and western North Carolina. Carter said his immediate family and his wife Kaylen’s family were the luckiest in the area, although they only lost power and water for “a few days.”RELATED: Helen’s death toll reaches 215 as crews…

Merrick’s school district consistently overstated its annual budget expenditures by a cumulative $6.9 million over a four-year period and maintained a funding surplus that exceeded the legally allowed limit, the state auditor’s office reported. An audit report released Friday by State Comptroller Thomas DiNapoli acknowledged that since 2015, Merrick had reduced its cash surplus from the equivalent of 19% of the annual budget to 8% of the budget. Nevertheless, the report added that the 8% figure is twice the 4% allowed by state tax law and further reductions are needed.”These practices lack transparency, circumvent statutory surplus balance limits, and potentially…

HOUSTON, Texas (KTRK) — Republicans and Democrats have made it clear this is not the beginning of a great partnership between the opposing parties, but there’s one thing they can agree on: billions for Harris County. Voters say dollar bonds are wrong.Harris County Democratic Party member Mike Doyle said the two proposals to create a $4.4 billion HISD bond are a bad idea, and Harris County Republican Party member Mike Doyle agreed, saying in a statement to ABC13:”We knew from the beginning that these bond proposals lacked transparency and the fiscal responsibility that HISD has to taxpayers. HISD’s bond proposals…

The Beckley City Council will be asked to hold a public vote on an ordinance that would transfer approximately 131 acres of the Pinecrest Business and Technology Park site to the Raleigh County Commission for development.The vote is scheduled for the Beckley City Council meeting on Tuesday at 6:30 p.m. in the council chambers of Beckley City Hall.The ordinance to transfer the property to the county was thought to be dead after no motion to advance the ordinance to a vote was made at the last Beckley City Council meeting on Sept. 24. Beckley City Attorney Bill Files said that’s…

October 4, 2024 – Verisk (NASDAQ:VRSK) launches ‘Whitespace’ in the US. Whitespace is a data analytics platform designed to help insurance companies identify and analyze untapped market opportunities. White Space was initially launched in the London market and is now expanding to the US. The product has experienced significant growth in London, going from just 50,000 lines written in 2022 to nearly 170,000 lines written in 2024. This success demonstrates the value that Whitespace brings to the (re)insurance market and suggests that Whitespace has the potential to contribute to the insurance market. It is also a valuable tool for US-based…

A new report from International Living’s international experts highlights six countries where expats can protect the income they earn abroad and live a richer life for less. Panama, Panama City. Image credit: © Hanhiki | Dreamstime.com A recent survey conducted by International Living found that 78% of respondents are concerned about the fiscal impact of the next U.S. presidential administration. In response, International Living has identified six tax-friendly countries where expats can protect income earned abroad and enjoy a high quality of life. “You can’t just move to a country you like; you need to consider factors such as ease…

Cale Kolbe (left) has joined Crux Capital as a senior associate and Christopher Herrod is an analyst with the firm. (Photo: Crux Capital) Dallas-based private equity firm Clax Capital has announced the addition of Cale Kolbe as senior associate and Christopher Herrod as analyst to strengthen the firm’s capabilities in its consumer and commercial services focus areas. We have strengthened our team by welcoming two new employees. The team expansion follows what Crux Capital managing partner Wayne Moore described as a “killer year.” In a June interview with Mergers & Acquisitions, Moore said the company had “completed two add-ons, raised…

As part of its quarterly update, HDFC Bank on Friday recorded a 15% year-on-year increase in deposits to Rs 25,000 crore in the second quarter ending September 2024, while advances under the bank’s management increased by 8%. did.The Bank’s operating profit was reported at Rs 26.33 crore as on September 30, 2024 as against Rs 24.37 crore for the quarter ended September 2023.As of the quarter ended September 2024, the Bank’s gross advances stood at approximately Rs 2,519 crore, representing an increase of approximately 7% year-on-year.Further, the bank’s CASA deposits increased by 8% to Rs 8.83 billion as against Rs…