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UNBELIEVABLE: 3 | History Defined

Apple Card will launch in India next, report claims

Apple Card's first international launch could be in India, with HDFC Bank reportedly lined up as a partner.

iMore

Loans worth ₹2,000 crore given away to women, FPOs under Central govt. schemes at Eluru

HDFC Bank Group Head (Commercial and Rural Banking) Rahul Shukla on Tuesday announced that the bank had set a target to provide agri-finance in two lakh villages across the country

The Hindu

RBI clears SBI Funds to buy up to 9.99% stake in HDFC Bank

MUMBAI: India's HDFC Bank said on Wednesday that the Reserve Bank of India had allowed SBI Funds Management Ltd to acquire a stake of up to 9.99% in the private lender.

The Times of India

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Delhi: Influenced by Hollywood movie, man attempts bank robbery in Model Town

A man has been arrested by the police for firing five rounds at HDFC Bank in an attempt to rob the bank in Delhi's Model Town area after being influenced by a movie. Read further on Dynamite News:

Dynamite News

HDFC Bank begins offline payment pilot under RBI sandbox

MUMBAI: The country's largest private sector lender HDFC Bank on Monday said it is attempting to execute digital payments in an offline mode under a regulatory facility to test innovations.

The Times of India

Sensex, Nifty decline for 2nd day on selling in FMCG, steel stocks

MUMBAI: Benchmark equity indices sensex and Nifty closed lower for a second straight day on Tuesday due to selling in FMCG, metal and auto shares ahead of the RBI monetary policy.

The Times of India

HDFC Bank posts 19.5% loan growth in Q3

NEW DELHI: Private sector lender HDFC Bank on Wednesday said it has recorded a 19.5 per cent increase in credit growth to Rs 15 lakh crore for the third quarter ended December 2022.

The Times of India

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SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI

MUMBAI: TThe Reserve Bank of India (RBI) announced on Monday that State Bank of India (SBI), ICICI Bank, and HDFC Bank are still considered Domestic Systemically Important Banks (D-SIBs).

The Times of India

HDFC gets nod from exchanges for transfer of NCDs to HDFC Bank

NEW DELHI: Mortgage lender HDFC Ltd on Tuesday said it has received approval from exchanges for transfer of non-convertible debentures (NCDs) to its subsidiary HDFC Bank.

The Times of India

LIC raises stake in HDFC to over 5%

NEW DELHI: Life Insurance Corporation of India (LIC), the country's largest insurer, has increased its stake in HDFC Ltd to over 5 per cent following the acquisition of shares from the open market.

The Times of India

NSE may exclude HDFC from Nifty index before its merger with HDFC Bank

MUMBAI: The National Stock Exchange may exclude heavyweight HDFC from 50-stock index Nifty closer to ex-date of its merger with HDFC Bank, which is likely to be concluded a few months ahead of the scheduled time.

The Times of India

Sensex, Nifty rebound after 7-day fall; surge nearly 2% post RBI rate hike

NEW DELHI: Equity indices snapped 7-day losing streak as markets cheered Reserve Bank of India's (RBI) rate hike decision.

The Times of India

Mcap of six of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards

NEW DELHI: Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid weak trend in equities.

The Times of India

HDFC gets NHB nod for proposed merger with subsidiary bank

NEW DELHI: Mortgage major HDFC has received approval from the National Housing Bank (NHB) for its merger with subsidiary HDFC Bank, a regulatory filing said on Tuesday.

The Times of India

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The Times of India

PFRDA gives nod to HDFC, HDFC Bank merger proposal

NEW DELHI: HDFC Bank on Friday said it has received pension fund regulator PFRDA nod for the merger proposal of its parent HDFC Ltd with itself.

The Times of India

HDFC Bank hikes MCLR by 0.20% in third consecutive increase in rates

MUMBAI: The country's largest private sector lender HDFC Bank on Thursday announced a 0.20 per cent hike in its marginal cost of funding based lending rate across all tenors.

Benzinga

Here's How Much $100 Invested In HDFC Bank 20 Years Ago Would Be Worth Today

HDFC Bank (NYSE:HDB) has outperformed the market over the past 20 years by 4.11% on an annualized basis producing an average annual return of 11.14%. Currently, HDFC Bank has a market capitalization of $101.65 billion.

The Times of India

HDFC Bank to add 1,500-2,000 branches every year for 5 years

NEW DELHI: HDFC Bank proposes to double its network of branches in the next three to five years by adding 1,500 to 2,000 branches annually, which would akin to adding a new HDFC Bank every five years, said its managing director and CEO Sashidhar Jagdishan.

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The Times of India

Adani Group fastest in valuation growth at 88%, Mukesh Ambani-led RIL up 13.4%: Report

MUMBAI: The Adani Group has gained the most in terms of value in the six months to April 2022, with a 88.1 per cent jump to Rs 17.6 lakh crore, a report said on Wednesday.

Benzinga

$1000 Invested In HDFC Bank 10 Years Ago Would Be Worth This Much Today

HDFC Bank (NYSE:HDB) has outperformed the market over the past 10 years by 2.31% on an annualized basis producing an average annual return of 13.04%. Currently, HDFC Bank has a market capitalization of $97.22 billion.

The Times of India

Mortgage market to double in 5 years: HDFC chairman

MUMBAI: HDFC chairman Deepak Parekh has said that the size of the mortgage market will double to $600 billion in five years and a banking structure is the best way to tap this opportunity. In his letter to shareholders, the corporation’s chairman called for shareholders’ patience as HDFC navigates through…

The Times of India

Tata Group most valuable Indian brand: Top UK firm

NEW DELHI: The Tata Group remains the most valuable Indian brand and its oldest company — Taj Hotels — has emerged as the strongest brand in India, according to UK-based Brand Finance (BF), which is the world's leading sectoral valuation consultancy.

The Times of India

Credit card spending online nearly Rs 30,000 crore higher than swipes in March: RBI data

NEW DELHI: Credit card spending online was nearly Rs 30,000 crore more than the spending done through swipes at points of sale in March, indicating an increased preference among people for e-commerce purchases.

The Times of India

HDFC Bank, Canara, BoM, Karur Vysya raise lending rates

NEW DELHI: HDFC Bank, Canara Bank, Bank of Maharashtra and Karur Vysya Bank on Monday said they have revised their lending rates based on marginal cost of funds and repo rate.

The Times of India

Curbs gone, HDFC Bank readying to launch slew of digital initiatives

NEW DELHI: Having issued over 21 lakh cards since lifting of curbs last year, the country's largest private sector lender HDFC Bank is planning to launch a slew of digital initiatives over the next few quarters, a top official said.

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