HISTORICAL FACTS: 14 | History Defined

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 · Sep 18, 2022

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 · Aug 9, 2022

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 · Jul 15, 2022

$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.

Benzinga · Jun 13, 2022

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 · Jun 6, 2022

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 · Jun 1, 2022

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 · May 24, 2022

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 · May 9, 2022

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.

The Times of India · Apr 25, 2022

HDFC Bank shares tumble nearly 5%; mcap down Rs 38,541.51 crore

NEW DELHI: Shares of HDFC Bank on Monday fell nearly 5 per cent even after the leading private sector lender reported a 23 per cent jump in standalone net profit for the March quarter.

The Times of India · Apr 18, 2022