Chennai, Oct 21 (IANS) Life insurance major HDFC Life Insurance Company Ltd on Friday said it closed the second quarter of FY23 with a net profit of Rs 326.24 crore. The company said it had earned a net premium of Rs
Mumbai, Aug 14 (IANS) The Competition Commission of India (CCI) has approved the proposal of merger of HDFC Bank and HDFC Ltd. “Commission approves proposed combination involving amalgamation of HDFC Limited, HDFC Bank, HDFC Investments and HDFC Holdings,” CCI said in
The Competition Commission of India (CCI) has approved the proposal of merger of HDFC Bank and HDFC Ltd. Mumbai, Aug 13 The Competition Commission of India (CCI) has approved the proposal of merger of HDFC Bank and HDFC Ltd. “Commission
Private banking major HDFC Bank Ltd closed the first quarter of FY23 with a net profit of Rs 9,196 crore. Mumbai, July 16 Private banking major HDFC Bank Ltd closed the first quarter of FY23 with a net profit of
Lending major HDFC Bank on Saturday reported a year-on-year rise of 22.8 per cent in net profit for the fourth quarter of FY22 ended March 31. Mumbai, April 16 (IANS) Lending major HDFC Bank on Saturday reported a year-on-year rise of
Housing loan major Housing Development Finance Corporation (HDFC) on Monday said its Board has approved merger of its wholly owned subsidiaries HDFC Investments and HDFC Holdings with HDFC Bank. New Delhi, April 4 (IANS) Housing loan major Housing Development Finance Corporation
New Delhi, March 19 (IANS) Accelerated funding activity is expected to create over 100 unicorns in India during 2022. According to HDFC Securities, funding activities have created 42 unicorns in 2021. In financial parlance, a startup is considered to have become
The Reserve Bank of India has lifted the restrictions on the business generating activities planned under HDFC Bank’s ‘Digital 2.0’ programme. New Delhi, March 12 (IANS) The Reserve Bank of India has lifted the restrictions on the business generating activities planned
Mumbai, Jan 16 (IANS) Lending major HDFC Bank on Saturday reported a year-on-year rise in net profit of 18.1 per cent for the third quarter of FY22. The bank’s net profit increased to Rs 10,342.2 crore during the period under review
Mumbai, Oct 19 (IANS) Moody’s has revised the outlook for the Indian banking system to stable from negative suggesting that the deterioration of asset quality since the onset of the coronavirus pandemic has been moderate and an improving operating environment will
Mumbai, Aug 23 India’s largest credit card issuer HDFC Bank on Monday said it aims to add five lakh new credit cards to its portfolio every month beginning February 2022. Accordingly, the new additions will enable the bank to regain
Mumbai, Aug 16 HDFC Bank will raise funds by issuing Additional Tier-1 bonds in the international markets. In July, the Board of Directors of the bank had contemplated raising of long-term funds through the issuance of US$ Basel-III Compliant Additional
Mumbai, July 17 HDFC Bank on Saturday reported a year-on-year rise of 16.1 per cent in its net profit for Q1FY22. Accordingly, the bank’s net profit increased to Rs 7,729.6 crore during the quarter under review ended June 30 in
Mumbai, July 17 (IANS) HDFC Bank on Saturday reported a year-on-year rise of 16.1 per cent in its net profit for Q1FY22. Accordingly, the bank’s net profit increased to Rs 7,729.6 crore during the quarter under review ended June 30 in
Mumbai, June 23 Life insurance company HDFC Life on Wednesday announced a bonus of over Rs 2,000 crore on its participating plans. The eligible participating policyholders will get a share of the surplus generated in the participating fund. “The bonus
Mumbai, June 3 HDFC Bank on Thursday announced plans to become carbon neutral by 2031-32. As part of this initiative, the Bank is looking at reducing its emissions, energy, and water consumption. The Bank will continue to incorporate and scale up
Mumbai, June 1 In view of restrictions imposed in various parts of the country, HDFC Bank on Tuesday announced the availability of mobile ATMs in 50 cities across India to assist customers during the lockdown. In restricted areas, the Mobile
Mumbai, May 28 The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 crore on HDFC Bank Ltd for deficiencies in regulatory compliance. The central bank said that the penalty has been imposed as actions of HDFC
Mumbai, May 28 HDFC Bank, under Parivartan, announced on Friday a slew of measures to set up and enhance medical infrastructure across the country to assist the fight against the pandemic. The measures comprise setting up permanent medical infrastructure such
Mumbai, April 27 HDFC Bank on Tuesday announced that it has converted three of its training centres at Bhubaneswar, Pune, and Gurugram into isolation facilities, equipped with first-line assistance and round the clock nurses and visiting doctors. Immediate medical help
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