NCLT approves merger of HDFC with HDFC Bank

The merger will result in significant market-share gains for HDFC Bank, given HDFC is the largest financier of mortgages in India.

published on : 18th March 2023

Equity market falls in early trade; Sensex slides 300 points

In the Sensex pack, only eight stocks, including Maruti Suzuki, HDFC Bank and HDFC, were in the green while the rest were in the red.

published on : 8th March 2023

Consumer forum directs HDFC Life to pay complainant Rs 45 lakh

Hence, complaining of deficiency of service she filed a prayer to direct the company to pay Rs 45,00,000 towards the sum assured under the policy.

published on : 2nd March 2023

ICICI, SBI, HDFC, PNB among banks to increase FD rates

The bank is offering rates between 3.25% and 7.50% for regular citizens for tenure ranging from 7 days to 10 years.

published on : 26th February 2023

Farmers can collect loans, pay EMIs at post offices in Karnataka Postal Circle

The applications for agriculture loans on behalf of HDFC Bank will be accepted by post offices thereby facilitating lead generation.

published on : 25th February 2023

HDFC Standard Life told to pay customer Rs 6.5 lakh

The complainant submitted a copy of the discharge summary showing the history of hypertension with CAD post.

published on : 23rd February 2023

HDFC raises Rs 25K cr in rupee bond sale

Mortgage lender HDFC, on Thursday,  raised Rs 25,000 crore selling bonds maturing in 10 years, making it country’s largest privately placed corporate bond issue.

published on : 17th February 2023

HDFC Bank net profit rises 18.5 per cent to Rs 12,259.5 crore in Q3FY23

Provisions and contingencies for the quarter were Rs 2,806.4 crore as against Rs 2,994.0 crore for the same quarter in 2021.

published on : 14th January 2023

HDFC Capital raises USD 376 million for affordable housing fund

The fund will provide long-term, flexible funding across the life cycle of affordable and mid-income housing projects including early-stage funding.

published on : 9th January 2023

Eight of top 10 firms lose Rs 1 lakh crore in mcap; Infosys, HDFC Bank, TCS biggest laggards 

Reliance Industries remained the most valued firm, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, LIC and Bharti Airtel.

published on : 8th January 2023

HDFC Bank’s loans, deposits grow over 19 per cent in Q3

Private sector lender HDFC Bank has reported strong growth in loans and deposits in the third quarter of current financial year.

published on : 5th January 2023

HDFC Bank partners with Microsoft for digital transformation journey

HDFC Bank will leverage Microsoft Azure to consolidate and modernise its enterprise data landscape through a Federated Data Lake to scale its information management capabilities.

published on : 3rd January 2023

Sebi to phase out buyback via exchanges

Regulator has chosen the tender offer route for share buyback as the present mode is vulnerable to favouritism

published on : 21st December 2022

Abrdn to sell 10.2 per cent stake in HDFC AMC

The UK-based company, earlier this year, had sold its 5.58% stake in HDFC AMC for a little over Rs 2,300 crore through an open market transaction.

published on : 7th December 2022

Reliance Industries emerges as most valuable listed company in India: Report

The top line of these 500 companies is equivalent to 29 per cent of India's GDP, and they employ up to 1.5 per cent of the country's total workforce.

published on : 1st December 2022

HDFC Mutual fund's NFO to invest in companies with favourable biz conditions

The fund will follow a blend of top-down and bottom-up approaches. 

published on : 24th November 2022

HDFC net profit rises 18% to Rs 4,454 crore in Q2 

However, the profit from the sale of investments fell to Rs 184 crore from Rs 263 crore.

published on : 4th November 2022

Spotlight on Mid Cap Funds with large, mid-sized AUM

In the last column, we commenced a discussion on Mid Cap Funds.

published on : 31st October 2022

Pay damages to man over dollar charge: HDFC Bank

The Commission said though the complainant immediately brought to the notice of the bank the excess amount collected, the bank did not cooperate.

published on : 17th October 2022

HDFC Bank Q2 profit rises 22per cent, NPA falls to 1.23 per cent of gross advances 

Meanwhile, HDFC-HDFC Bank merger moved one step closer on Friday with the National Company Law Tribunal (NCLT) asking the companies to hold a shareholders’ meeting. 

published on : 16th October 2022
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