HDFC Bank on Thursday joined hands with the country's largest airline IndiGo to launch a co-branded credit card, which will effectively work like a loyalty programme for the carrier.
Private sector lender HDFC Bank doubled its SME book to over Rs 1.48 lakh crore by December 2019 from Rs 74,000 crore in March 2017, cornering over 9 percent of the around Rs 16 lakh crore market, at a time when credit flow to the segment has been tepid.
Equity indices clawed back lost ground on Wednesday after a four-session falling spree as investors took heart from a decline in new coronavirus cases in China and the Indian government's assurance on tackling the economic impact from the epidemic.
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs one crore on HDFC Bank for non-compliance of Know Your Customer (KYC) norms.
Ahead of the presentation of the Union Budget 2020-21, largest pure-play home financier HDFC on Tuesday pitched for a one-time loan recast for realty projects.
The largest mortgage lender will install a dedicated team understanding the startup ecosystem to do the investments. The announcement comes at a time when there is a lot of focus on the policy front to encourage startups with an objective of encouraging innovation and creating employment opportunities.
Private lender HDFC Bank on Saturday reported a 32.8 per cent growth in net profit to Rs 7,416.5 crore for the third quarter ended December 31 driven by interest and non-interest income.
HDFC ERGO Health erstwhile Apollo Munich Health Insurance will merge with HDFC ERGO through a share swap deal. The board of director of HDFC ERGO and HDFC ERGO Health at its meeting on January 15, approved a scheme of arrangement and amalgamation between the two entities, HDFC Ltd said in a regulatory filing.
HDFC Credit Cardholders alert! Are you holding Credit Card of HDFC Bank? Then here is important news for you. India's largest private lender, HDFC Bank has alerted its customers that Credit Card services on IVR, net banking, mobile banking, phone banking, will not be available on January 18, 2020
Leading stock exchange BSE on Thursday said eight companies, including Bharat Heavy Electricals Ltd, Housing Development Finance Corporation Ltd (HDFC), Kotak Mahindra Prime Ltd, have filed applications with the exchange to list their commercial papers (CPs).
HDFC Mobile Banking app and netbanking page down for the second day: Here's why you are not able to access your HDFC account online
Almost after more than 20 hours, HDFC Bank customers continue to face a lot of issues in accessing online banking services or mobile banking app on Tuesday. The bank customers were unable to use the bank’s mobile app and the net banking facility for the second day in a row due to a ‘technical glitch’.
On November 20, the Reserve Bank superseded the DHFL board and appointed an administrator and said it would begin bankruptcy process for the crippled company that owes close to Rs 90,000 to the system.
India's largest private sector bank -- HDFC Bank -- has become the third Indian company to surpass the 7 trillion market capitalisation after TCS and Reliance industries. The private lender on Friday touched Rs 7,00,252 crore market cap, in turn surpassing the 7 trillion figure for the first time.
Mortgage lender HDFC on Monday said its consolidated net profit jumped over 76.3 per cent to Rs 1,748.69 crore in the second quarter ended September 2019. Its consolidated net profit during the corresponding three months of 2018-19 stood at Rs 6,096.85 crore.
The website content is now also available in Hindi, Marathi, Tamil, Telugu, Malayalam and Kannada, even as English continues to be a widely used language on digital platforms in India, HDFC said.
Total income on a consolidated basis rose to Rs 36,130.96 crore during the three months to September, against Rs 30,124.49 crore in the same period of the previous year, the bank said in a regulatory filing.
Mortgage lender HDFC has raised up to Rs 5,000 crore by issuing bonds on private placement basis. The bids were opened on Friday and closed the same day.
Online Banking Fraud Alert! Online banking has eased customers bank-related work like money transfers. However, every good thing comes at a cost. To protect against online fraud, including phishing, India's largest lender State Bank of India (SBI) suggests customers to be suspicious of any e-mail or text message containing an urgent request for personal or financial information.
HDFC Bank Customers alert! A passbook picture of HDFC Bank, India one of the largest private sector bank, bearing a stamp of deposit insurance cover being circulated on social media which informs customers that deposits only up to ₹1 lakh is insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC). Issuing a clarification on it, the lender said the information was not new and has been inserted as per Reserve Bank of India circular issued on June 22, 2017.
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