HDFC Bank

HDFC Bank denies allegations, says will defend itself in US lawsuit

Three US law firms have announced class-action suits against HDFC Bank.

published on : 21st September 2020

HDFC Bank looks to increase number of banking correspondents to 25,000 by March

At present, the bank has a network of 11,000 banking correspondents.

published on : 11th September 2020

US law firm Rosen plans lawsuit against HDFC Bank on alleged misleading information to investors

Last year, Rosen Law had prepared a similar class-action suit against IT giant Infosys after a whistleblower had alleged malpractices.

published on : 17th August 2020

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank CEO; RBI approves

The Reserve Bank of India (RBI), which was given a list of candidates in an order of priority, conveyed its approval to Jagdishan's name late last evening, the sources said.

published on : 4th August 2020

HDFC Bank declines over 3 per cent as Aditya Puri sells shares

The sale comes months ahead of Puri's retirement from the bank, which he led to become the largest by assets among private lenders and the second-largest overall over 25 years.

published on : 27th July 2020

HDFC Bank shares jump 5 per cent on robust Q1 earnings

The lender's net interest income for the quarter grew 17.8 per cent to Rs 15,665.4 crore from Rs 13,294.3 crore in the same period a year earlier, driven by growth in advances of 20.9 per cent and a

published on : 20th July 2020

Driven by an increase in interest income, HDFC Bank net profit up by nearly 20% 

According to documents filed with the stock exchanges, the bank posted a net profit of Rs 6,658.62 crore against Rs 5,568.16 crore in the corresponding period of last year. 

published on : 18th July 2020

HDFC Bank cuts lending rates on loans by 20 bps

Following the reduction, MCLRs of the bank will range from 7.10 per cent to 7.65 per cent.

published on : 7th July 2020

HDFC Bank shares jump nearly 6 per cent after Q4 earnings

On a standalone basis, the bank's net profit grew by 17.7 per cent to Rs 6,927.69 crore from Rs 5,885.12 crore. Income rose to Rs 35,917.63 crore as against Rs 31,204.46 crore earlier.

published on : 20th April 2020

India's sovereign rating limits HDFC Bank's upgrade: S&P Ratings

It appreciated HDFC Bank's comfortable capitalisation, strong earnings, regular capital raising to fund above-average growth and the 'best' asset quality in the system.

published on : 18th April 2020

HDFC Bank Q4 net profit rises 15.4 per cent to Rs 7,280 crore

The consolidated total income during the March quarter of 2019-20 increased to Rs 38,287.17 crore, from Rs 33,260.48 crore a year ago.

published on : 18th April 2020

Fraudsters exploiting three-month loan moratorium; everybody needs to be cautious: HDFC Bank

HDFC Bank Chief Information Security Officer Sameer Ratolikar said the fraudsters are always on the look-out for newer reasons to execute their designs.

published on : 9th April 2020

'Start-ups need to show right business behaviour to attract banks'

Overall, nearly 9,000 start-ups have banked with the HDFC till date availing facilities right from bank accounts to advisory as well as other value-added services.

published on : 29th February 2020

HDFC Bank Q3 net profit rises 33% to Rs 7,417 crore

Total income rose to `36,039 crore during the October-December quarter against `30,811.27 crore in the year-ago period, HDFC Bank said in a statement.

published on : 19th January 2020

HDFC says digital banking glitch fixed, but some customers still complain

Thousands of customers of HDFC Bank had to face inconvenience due to a  technical glitch which was resolved only by late evening on Tuesday.

published on : 3rd December 2019
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