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The Ministry of External Affairs (MEA) on Saturday slammed Pakistan for misusing the platform of the Organisation of Islamic Cooperation (OIC), during a special briefing held ahead of Prime Minister Narendra Modi's visit to Saudi Arabia.Foreign Secretary Vikram Misri was asked about Pakistan's repeated misuse of the OIC, where Saudi Arabia is regarded as a leading voice.Responding to the question, Misri said, "On Pakistan's misuse of the OIC - it's a habit of long standing, one that we have regularly spoken out against and also raised with our friends and partners in the OIC."Calling Pakistan's actions "shenanigans," Misri added, "There is a certain view about these shenanigans that Pakistan practices in the OIC on the part of our colleagues and friends amongst the members of other members of the OIC, but we will continue to share our views and bring to their attention what exactly we think of these attempts that Pakistan habitually makes."The Organisation of Islamic Cooperation (OIC), according to its official website, is the second-largest intergovernmental organisation after the United Nations. It has 57 member countries across four continents and claims to represent the collective voice of the Muslim world. The organisation works to protect the interests of Muslims and promote peace and harmony around the globe.Misri's remarks come ahead of Prime Minister Modi's official visit to Saudi Arabia on April 22 and 23, at the invitation of Crown Prince and Prime Minister Mohammed bin Salman.The Prime Minister's engagements will take place in Jeddah, and the visit marks his first to the country during his third term in office. Modi had previously visited Saudi Arabia in 2016 and 2019.The visit also follows the State Visit of Crown Prince Mohammed bin Salman to New Delhi in September 2023. During that visit, he co-chaired the first meeting of the India-Saudi Arabia Strategic Partnership Council alongside Prime Minister Modi.Foreign Secretary Misri, in the briefing, said the upcoming visit reflects the strong and growing partnership between India and Saudi Arabia.

HDFC Bank, while declaring its results for the fourth quarter of the financial year 2025, also announced a dividend of Rs 22 per share for its eligible shareholders, for which it has fixed June 27 as the record date.“The Board also recommended a dividend of Rs. 22 per equity share of Re. 1/- each fully paid up (i.e. 2200 %) for the FY 2024-25, subject to the approval of the shareholders. The record date for determining the eligibility of members entitled to receive the said dividend is Friday, June 27, 2025,” HDFC Bank’s filing to the stock exchanges read.The record date for a dividend is the cut-off date set by a company to determine which shareholders are eligible to receive the declared dividend. Only shareholders who are listed on the company’s register of members as of the record date will receive the dividend.If you buy the shares on or after the ex-dividend date (which is usually one or two business days before the record date), you will not be eligible for the dividend. This is because stock trades in India (and many other markets) follow a T+1 settlement cycle — meaning the buyer becomes the shareholder one business day after the transaction.HDFC Bank dividend historyAccording to Trendlyne data, In the past 12 months, HDFC Bank has declared an equity dividend amounting to Rs 19.50 per share and at a share price of Rs 1906.70, the bank's dividend yield is 1.02%.Also read: Rich Dad Poor Dad author Robert Kiyosaki Prediction: $1M Bitcoin, $30K gold, $3K silver by 2035HDFC Bank Q4 resultsHDFC Bank, on Saturday, announced its financial results for the fourth quarter of FY25, reporting a 6.7% year-on-year (YoY) increase in net profit to Rs 17,616 crore, while net interest income (NII) rose 10.3% YoY to Rs 32,070 crore.HDFC Bank’s net interest margin (NIM) for the quarter stood at 3.54% on total assets and 3.73% on interest-earning assets. Adjusting for the Rs 700 crore interest on income tax refund, the core NIM was 3.46% on total assets and 3.65% on interest-earning assets.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

ICICI Bank, India’s second largest private lender, today declared an 18% year-on-year (YoY) surge in its Q4FY25 PAT, which stood at Rs 12,630 crore at the end of the quarter, while its net interest income (NII) rose 11% YoY to Rs 21,193 crore in the same time period.Meanwhile, for the full financial year 2025, the profit after tax grew by 15.5% year-on-year to Rs 47,227 crore. Additionally, ICICI Bank declared a dividend of Rs 11 per share.The bank’s net interest margin (NIM) stood at 4.41% in Q4FY25, compared to 4.25% in Q3FY25 and 4.40% in Q4FY24. For the full year FY25, the NIM was 4.32%.The bank’s total period-end deposits grew 14% YoY to Rs 16.10 lakh crore as of March 31, 2025, while average deposits increased 11.4% to Rs 14.86 lakh crore in Q4FY25. The average CASA (current and savings account) ratio stood at 38.4% during the quarter.On the lending side, the domestic loan portfolio expanded by 13.9% YoY to nearly Rs 13.11 lakh crore.The retail loan portfolio grew by 8.9% year-on-year and 2% sequentially, and comprised 52.4% of the total loan portfolio at March 31, 2025.Provisions (excluding provision for tax) stood at Rs 891 crore in Q4FY25, compared to Rs 718 crore in Q4FY24 and Rs 1,227 crore in Q3FY25.The bank’s net non-performing asset (NPA) ratio improved to 0.39% as of March 31, 2025, down from 0.42% as of December 31, 2024. Further, the gross NPA ratio was 1.67% at March 31, 2025 compared to 1.96% at December 31, 2024.ICICI Bank reported a total capital adequacy ratio of 16.55% and the provisioning coverage ratio on non-performing loans stood at 76.2%.On Thursday, the shares of ICICI Bank closed 3.7% higher at Rs 1,406.65 on the BSE.