- Tag results for HDFC Bank
On sector-wise growth, financials emerged as India’s biggest wealth creating sector for the second consecutive year.
Net profit rose to 50.05 billion rupees (USD 682.16 million) for the quarter ended Sept 30, from 41.51 billion rupees a year ago, India's biggest lender by market capitalisation said in a statement.
Kalamassery municipal chairperson Jessy Peter inaugurated the camp. She urged the youth to come forward to donate blood and to create awareness among others on blood donation.
Start-up accelerators are organisations that help early-stage companies develop their product and business model, and also connect with investors.
The official said over 60 lakh cheque bounce cases are pending in the country and HDFC Bank has taken a lead by requesting the courts to use digital means to issue summons.
HDFC Bank’s vice-president Siddharth Sanghvi, whose decomposed body was recovered near Kalyan on Monday morning, was kidnapped for extortion and killed in a scuffle with his kidnapper.
The 39-year-old banker had left his office in the Kamala Mills area here at 7:30 pm on September 5, and had been missing since then.
The HDFC Bank on Wednesday said it will adopt 30 villages in Kerala as part of its long-term flood relief and rehabilitation efforts.
Sukthankar has been with HDFC Bank since its inception in 1994 and at present is responsible for overseeing the bank's credit, finance and human resources functions.
The money has been raised through a mix of qualified institutions placement (QIP) in the domestic market and American Depository Receipts (ADRs) in the US market.
RBI’s decision to increase key interest rates by 0.25 per cent in June also reflected a strong vote by analysts favouring an interest rate hike.
The 15-year loan will bear an interest rate linked to 3-months MCLR of the bank, the company said in a statement.
HDFC Managing Director Aditya Puri said the agreement will not op the government’s initiative to promote financial inclusion in rural areas, but also bring in good business opportunities for them.
Currently, foreign investments up to 49 per cent are allowed in Indian banks without regulatory approval, but increasing it to 74 per cent requires regulatory and government approval.
Indian shares ended higher on Friday helped by gains in financials such as HDFC Bank and Kotak Mahindra Bank, after the rupee firmed up against the dollar in late trade.