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MYSTERIOUS: 8 - You Need To See This

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.

The Times of India

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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

Sensex crashes 1,172 points; Nifty settles at 17,174: Top reasons for today's fall

NEW DELHI: Equity indices plunged on Monday with the benchmark BSE sensex falling over points dragged by IT and banking stocks.

The Times of India

Morning Digest | India objects to WHO methodology for calculating COVID-19 death toll; Delhi, U.P. on high alert after violence; and more

A select list of stories to read before you start your day

The Hindu

HDFC chairman Deepak Parekh calls on finance minister

NEW DELHI: HDFC Ltd chairman Deepak Parekh on Monday called on finance minister Nirmala Sitharaman amid the proposal of a merger of the mortgage firm with its banking subsidiary HDFC Bank.

The Times of India

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Sensex surges 1,335 points to reclaim 60,000-mark; Nifty settles at 18,053: What led to market rally

NEW DELHI: Domestic benchmark indices surged to 2 and half month high on Monday by gains in private lender HDFC Bank and mortgage lender Housing Development Finance Corp after the companies decided to merge their operations.

The Times of India

Explained: Why did HDFC merge with HDFC Bank and what this deal means for investors

NEW DELHI: Mortgage lender HDFC will merge with HDFC Bank to create India's third-biggest financial entity in terms of market capitalisation.

The Times of India

HDFC Ltd to merge with HDFC Bank

The country's largest housing finance company HDFC Ltd will merge with the country's largest private sector lender HDFC Bank, according to a regulatory filing.

Dynamite News

Pandemic-related stress on unsecured loan assets over: HDFC Bank

MUMBAI: The country's largest private sector lender HDFC Bank on Wednesday said the elevated stress on unsecured loan assets noticed during the Covid-19 pandemic is over, and the bank is upbeat about the segment now.

The Times of India

HDFC COVID Support Scholarship given

HDFC Bank COVID Crisis Support Scholarship was given to 25 children of Telangana police personnel, who lost their lives fighting COVID-19 .

The Hindu

Digital payments snapshot in charts: Cards in circulation top 1 billion in India

NEW DELHI: With digital payments rising in India, the total number of debit and credit cards in circulation breached the 1 billion mark with 1006.7 million cards recorded as of December 2021, said Worldline India in its Annual Digital Payments Report.

The Times of India

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