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HDFC raises fixed deposit rates by up to 25 bps

HDFC raises fixed deposit rates by up to 25 bps

🕔07:13, 2.Apr 2021

Mumbai, April 2  Housing Development Finance Corporation Ltd (HDFC) has increased interest rates of its various fixed deposit products with different maturities by up to 25 basis points (bps). The change came into effect on March 30. The housing finance

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HDFC Bank invites start-ups to apply for SmartUp grants

HDFC Bank invites start-ups to apply for SmartUp grants

🕔17:41, 9.Feb 2021

Mumbai, Feb 9  HDFC Bank has invited applications from start-ups and solo entrepreneurs for its SmartUp grants. SmartUp grants by HDFC Bank under #Parivartan –the bank’s umbrella CSR brand — is aimed at finding and deploying long-term, sustainable solutions at

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HDFC’s Q3 standalone net profit falls 42%

HDFC’s Q3 standalone net profit falls 42%

🕔07:36, 3.Feb 2021

New Delhi, Feb 3  Housing Development Finance Corporation (HDFC) on Tuesday reported a 65 per cent fall in its standalone net profit for the quarter ended December at Rs 2,925.83 crore. During the same period of the last financial year,

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HDFC Bank reviews SEBI order in BRH Wealth Kreators’ matter

HDFC Bank reviews SEBI order in BRH Wealth Kreators’ matter

🕔15:56, 22.Jan 2021

Mumbai, Jan 22  HDFC Bank on Friday said that it is reviewing the SEBI order imposing a penalty of Rs 1 crore on the bank in the in the matter involving BRS Wealth Kreators. The capital market regulator on Thursday

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HDFC Bank’s Q3 standalone net profit rises 18%

HDFC Bank’s Q3 standalone net profit rises 18%

🕔19:03, 16.Jan 2021

Mumbai, Jan 16 (IANS) Lending major HDFC Bank on Saturday reported an 18.1 per cent increase in standalone net profit for the quarter ended December 31 of FY21 on a year-on-year basis. The bank’s net profit for the third quarter of

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RBI’s directive credit negative for HDFC Bank: Moody’s

RBI’s directive credit negative for HDFC Bank: Moody’s

🕔16:20, 7.Dec 2020

Mumbai, Dec 7  The Reserve Bank’s directive to HDFC Bank for temporarily stopping all launches of the Digital Business generating activities and sourcing of new credit card customers is “credit negative for the lender”, Moody’s Investors Service said on Monday.

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Banks need to invest more in IT, tech: RBI Guv on HDFC Bank outage

Banks need to invest more in IT, tech: RBI Guv on HDFC Bank outage

🕔17:59, 4.Dec 2020

Mumbai, Dec 4 A day after the Reserve Bank of India (RBI) asked the HDFC Bank to temporarily stop issuing new credit cards and launching new digital businesses activities, RBI Governor Shaktikanta Das has said that all banks and other financial

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RBI asks HDFC to temporarily stop issuing new credit cards

RBI asks HDFC to temporarily stop issuing new credit cards

🕔17:46, 3.Dec 2020

Mumbai, Dec 3  The Reserve Bank has asked HDFC Bank to temporarily stop all launches of the Digital Business generating activities and sourcing of new credit card customers. The RBI’s order dated December 2 comes after outages in the bank’s

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HDFC Bank crosses Rs 8 lakh cr market cap for first time

HDFC Bank crosses Rs 8 lakh cr market cap for first time

🕔06:49, 26.Nov 2020

Mumbai, Nov 26  HDFC Bank’s market capitalisation crossed the Rs 8 lakh crore mark for the first time on Wednesday. Its shares on the BSE touched a record high of Rs 1,464 during the day, taking its market cap to

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HDFC Bank’s Q2FY21 net profit rises over 18%

HDFC Bank’s Q2FY21 net profit rises over 18%

🕔10:35, 18.Oct 2020

Mumbai, Oct 18  Lending major HDFC Bank on Saturday reported a 18.4 per cent increase in standalone net profit for the quarter ended September 30 of FY21 on year-on-year (YoY) basis. The bank’s net profit for the second quarter of

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HDFC Bank to file response to US lawsuit by early next year

HDFC Bank to file response to US lawsuit by early next year

🕔20:54, 21.Sep 2020

New Delhi, Sep 21  HDFC Bank has denied the allegations in a class action suit in the US and said it intends to defend itself vigorously in the lawsuit. The Bank expects its response to the lawsuit to be due

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HDFC Bank to boost digital customer experiences with Adobe

HDFC Bank to boost digital customer experiences with Adobe

🕔11:42, 27.Aug 2020

New Delhi, Aug 27 In a bid to enhance digital experiences for its customers, HDFC Bank on Thursday announced a partnership with Adobe. The Adobe Experience Cloud solutions will enable HDFC Bank to deliver zero-touch, personalised digital experiences to existing as

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Prima facie it looks frivolous: HDFC Bank on lawsuit plan in US

Prima facie it looks frivolous: HDFC Bank on lawsuit plan in US

🕔07:50, 18.Aug 2020

Mumbai, Aug 18  As HDFC Bank faces a likely class action lawsuit by the US-based Rosen Law Firm, the bank said that the proposed lawsuit looks frivolous as the bank has been transparent with its disclosures. The global investor rights

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HDFC Bank launches farm loan product for armed forces

HDFC Bank launches farm loan product for armed forces

🕔17:44, 14.Aug 2020

Mumbai, Aug 14  HDFC Bank on Friday launched ‘Shaurya KGC Card’, for families of armed forces engaged in agricultural activities wherein the armed forces personnel will get finance for agricultural requirements like production of crop, post-harvest maintenance and consumption needs.

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HDFC Bank cuts MCLR by 10 bps across tenors

HDFC Bank cuts MCLR by 10 bps across tenors

🕔17:00, 7.Aug 2020

Mumbai, Aug 7  HDFC Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all tenors with effect from Friday. According to the HDFC Bank website, post the rate cut, the overnight MCLR stands

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Sashidhar Jagdishan to take over from Aditya Puri as new HDFC Bank CEO

Sashidhar Jagdishan to take over from Aditya Puri as new HDFC Bank CEO

🕔12:18, 4.Aug 2020

New Delhi, Aug 4  In a change of guard at HDFC Bank after 26 years, Reserve Bank of India (RBI) has approved the appointment of Sashidhar Jagdishan as Managing Director and CEO of the Bank for a period of three

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CBI arrests 2 HDFC Bank staff in Rs 2L graft case

CBI arrests 2 HDFC Bank staff in Rs 2L graft case

🕔08:45, 1.Aug 2020

Mumbai/New Delhi, Aug 01 The Central Bureau of Investigation (CBI) on Friday arrested two employees of HDFC Bank in a Rs 2 lakh graft case, officials said. A CBI spokesperson in Delhi said that the agency has arrested Nitin Nikam, who

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HDFC’s Q1FY21 net profit at over Rs 3K cr

HDFC’s Q1FY21 net profit at over Rs 3K cr

🕔18:14, 30.Jul 2020

Mumbai, July 30 Mortgage lender HDFC on Thursday reported a standalone net profit of Rs 3,052 crore for Q1FY21. The company had reported a net profit of Rs 3,203 crore during the like period of the previous year. According to the

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HDFC Bank gets shareholders’ nod to raise up to Rs 50,000 cr

HDFC Bank gets shareholders’ nod to raise up to Rs 50,000 cr

🕔07:14, 20.Jul 2020

Mumbai, July 20  HDFC Bank has received shareholders’ approval to raise up to Rs 50,000 crore through bonds. The approval was given at the 26th Annual General Meeting of the bank concluded on Saturday. “Approval of shareholders was obtained for

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HDFC Bank’s Q1FY21 net profit up 20% to Rs 6,658 cr

HDFC Bank’s Q1FY21 net profit up 20% to Rs 6,658 cr

🕔17:20, 18.Jul 2020

Mumbai, July 18 Lending major HDFC Bank on Saturday reported a 19.6 per cent increase in standalone net profit for the quarter ended June 30 of FY21 on the year-on-year basis. The bank’s net profit for the first quarter of FY21

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