New Delhi: The controversial proposal of HDFC Bank to hike foreign holding is likely to be taken up by the Foreign Investment Promotion Board (FIPB) at its meeting on May 13. Sources said the proposal would
Mumbai: Genpact founder Pramod Bhasin and DLF director Pia Singh-promoted The Skills Academy will tie up with HDFC Bank to co-develop the content of a training course for professional bankers.The Academy plans to launch the
Mumbai: Hit by higher effective tax rate, private sector HDFC Bank today reported its decade's lowest profit growth of 23.1 per cent at Rs 2,326.5 crore for the January-March period of 2013-14.HDFC Bank had earned
Mumbai: Bharti Airtel today mopped up euro 50 million from an international bond sale as it readies for he spectrum auction next month, merchant bankers said. The country's largest telecom firm raised the money at
Mumbai: Amidst growing concern of lenders' asset liability mismatch, an HDFC Bank report says the share of bank funding to the infrastructure sector soared to 13.4 percent in FY'13 from a meagre 1.6 percent of
Mumbai: The country's second largest private lender HDFC Bank today hit the foreign bond market with benchmark US dollar issue as part of the bank's USD two-billion medium-term bond sale programme.Accessing of the overseas bond
Mumbai: Falling for the second day, the BSE benchmark Sensex today ended about 363 points lower at 19,900.96 as investors continued to unwind positions in banking, realty and capital goods stocks on heightened fears that
New Delhi: Corporates can pay their first quarter advance tax today, tomorrow and on Monday at the designated bank branches, an official statement said. “All designated branches of authorised banks have been asked to function
New Delhi, Aug 1: Faced with a tight liquidity condition, two leading private sector banks – HDFC Bank and Axis Bank – have raised fixed deposit rates by up to 4%, a move which may
New Delhi, July 17: Private sector-lender, HDFC Bank on Wednesday reported a Profit After Tax ( PAT) of Rs 1843 crore for the first quarter of the current financial year. This is a 30% increase
New Delhi, Dec 26: HDFC Bank has decided to cut its benchmark lending rates by 0.1 per cent, making loans cheaper for its borrowers in the new year.The base rate, or the minimum lending rate,
New Delhi, Dec 13: HDFC Bank has been directed by a consumer forum here to pay Rs three lakh as compensation to a private taxi's owner for seizing his vehicle without prior notice for default
Indore, Nov 20: Targeting 560-million Hindi-speaking population, the second largest private sector lender HDFC Bank today launched a mobile banking application in the national language. Mobile banking services is part of the bank's overall strategy to
New Delhi, Oct 12: Private sector lender HDFC Bank on Thursday posted 30.06 per cent jump in net profit at Rs 1,559.98 crore in the July-September quarter.It had posted post tax profit of Rs 1,199.35
Mumbai, Sep 25: The second largest private sector lender HDFC Bank on Tuesday said it will decide on a possible lending rate cut later this week."When costs go down, interest rates will go down. That
Mumbai, July 10: Led by state-run banks which are set to report increased strains on asset quality, the banking sector is set to see profits decline by 11 percent in Q1 sequentially but a 43
New Delhi, Jan 10: If you are an account holder of HDFC Bank, then be prepared to pay Rs 50 per quarter for a non-operational account of over a year and Rs 25 for depositing
Jaipur, Nov 27: The country's second largest private lender HDFC Bank has launched MobileBank accounts in association with Vodafone m-paisa.“Through this arrangement, customers can now perform basic banking transactions on mobile phones and even deposit
Mumbai, Sept 23: The BSE Sensex fell for the third day in a row today, down 200 points to 4-week low of 16,162, as global sell-off in equities continued amid grim prospects of world economic
Chennai, Sep 7: Two-wheeler manufacturer TVS Motor Company has entered into a Memorandum of understanding with private sector HDFC Bank for inventory funding for its dealers.The agreement features online fund transfers, online repayment, real time
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