Country's second biggest private sector lender HDFC Bank today cut its benchmark lending rate by up to 0.90 per cent, joining over a dozen banks and housing finance companies that have slashed rates in last few days.
In terms of market valuation, India’s top 100 companies valuation have generated Rs 28.4 lakh crore wealth in the last five years, says a latest study. According to leading brokerage firm Motilal Oswal's '21st Annual
New Delhi: ATM frauds have been on the rise and there is little that the RBI, or banks for that matter, have been able to do about it. Reports of people falling prey to skimming
New Delhi: Five dozen companies have lined up to partner with India Post, pegged as the unwanted baggage not too long ago. Biggies in the financial sector wishing to partner with the postal department
Mumbai: Reserve Bank Governor Raghuram Rajan today said the RBI is looking into banks' concern over adopting the marginal cost-based base rate regime but made it clear the lenders will have to follow the new
Mumbai: Lower-than-expected first-quarter results and the logjam on the first day of parliament's monsoon session subdued the Indian equity markets, with a barometer index closing 238 points down on Tuesday.The benchmark index of the Indian
Chennai: HDFC Bank on Tuesday said it closed the first quarter of the current fiscal with 20.7 percent growth in its net profit.In a statement here, the bank said its after tax profit for the quarter
Chennai: Private lender HDFC Bank remained silent on reports it has raised over Rs 9,880 crore through its qualified institutional placement (QIP) and American Depository Receipts (ADR) that opened late Wednesday.Contacted for confirmation, the bank
New Delhi: HDFC Bank is the lone Indian entity among the world's 50 most valued lenders in 2014 with a market capitalisation of close to $41 billion (around Rs 2.5 lakh crore at 1 dollar
Jamui: Acting on a tip-off , the Bihar and West Bengal Police, in a joint operation, seized Rs 1.63 crore in cash from the possession of a cobbler here.According to police, the recovered money is
Mumbai: Having cut its deposit offering by up to 0.50 per cent, the country's second-largest private sector lender HDFC Bank will be cutting its lending rate by March, a top official said today.“Now I've reduced
New Delhi: The country's top two private banks—HDFC Bank Ltd and ICICI Bank Ltd—have cut interest rates on term deposits.ICICI Bank has lowered its deposit rates for customers within the Rs 1 crore bracket, for
New Delhi: After State Bank of India, HDFC Bank, Axis Bank and Union Bank have decided to impose limits on the number of free transactions customers can undertake on home bank ATMs.HDFC Bank and Axis
Mumbai: Shares of HDFC Bank, Reliance Capital and Reliance Power fell up to three per cent after the MSCI removed these stocks from its India index.HDFC Bank fell by two per cent to Rs. 894,
Bhubneshwar: HDFC Bank launched its Secure Banking programme here and plans to extend it to all its 96 branches across Odisha as part of its efforts to create banking awareness among customers. Speaking about the
New Delhi: Dragged down by state-run ONGC, seven of the top 10 most valued Indian companies together lost Rs 67,233 crore in terms of market capitalisation last week. Barring TCS, HDFC Bank and Infosys in the
New Delhi: With addition of over 10,000 jobs last fiscal, ICICI Bank has overtaken rival HDFC Bank as the biggest employer in the private banking space with more than 72,000 employees. Incidentally, HDFC Bank saw its
New Delhi: The final decision on HDFC Bank's proposal to raise foreign shareholding will be taken by the Foreign Investment Promotion Board, the Finance Ministry said today. “It (ambiguities in HDFC Bank's proposal) will be cleared
New Delhi: Private sector lender HDFC Bank proposes to raise about Rs 10,000 crore from share sale to fund its growth. The bank's board at its meeting on May 19 decided to seek an enabling approval
New York: Mukesh Ambani- led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world s 2000 largest and most powerful public companies, with Chinese companies occupying the top
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