New Delhi, Jan 2 (IANS) HDFC Life Insurance Company Limited (HDFC Life) on Saturday announced the completion of the acquisition of Exide Life Insurance Company Limited (Exide Life), subsequent to receiving all relevant regulatory approvals. Effective Saturday, Exide Life will operate
Chennai, Oct 22 (IANS) Private insurance major HDFC Life Insurance Company Ltd closed the first half of the current fiscal with a net profit of about Rs 577 crore, down from Rs 777 crore logged during previous year corresponding period, MD
Mumbai, Oct 16 (IANS) Lender HDFC Bank on Saturday reported a year-on-year rise of 17.6 per cent in its net profit for Q2FY22. The bank’s net profit increased to Rs 8,834.3 crore during the period under review over the quarter ended
New Delhi, Oct 14 (IANS) Reliance Industries Limited, Indias largest corporate by revenues, profits and market value, topped Indian corporates in the Worlds Best Employers rankings 2021 published by Forbes. Reliance Industries was placed at 52 in the overall ranking of
Chennai, Sep 3 HDFC Life Insurance Company Limited (HDFC Life) on Friday announced the acquisition of Exide Life Insurance Company Ltd (Exide Life) from Exide Industries Ltd for Rs 6,687 crore. The process for merger of Exide Life into HDFC
Mumbai, Aug 2 Housing Development Finance Corporation (HDFC) on Monday reported a rise of 31 per cent in consolidated net profit for Q1FY21, on year-on-year basis. The company’s consolidated net profit rose to Rs 5,311 crore from Rs 4,059 crore
New Delhi, July 2 Christopher Wood, Global Head of Equity Strategy at Jefferies, has announced the launch of a long-only India portfolio similar to the existing long-only Japan and China portfolios. Wood said India has nearly always had a significant
Mumbai, April 22 Indiabulls Housing Finance Ltd has entered into a strategic co-lending partnership with HDFC Ltd to offer housing loans to homebuyers at competitive rates. The participation by both the entities in extending the credit facilities shall be on
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,
Chennai, Sep 22 HDFC Life Insurance Company Limited on Tuesday said it has entered into a corporate agency arrangement with Yes Bank. Yes Bank as a corporate agent of HDFC Life can sell a range of life insurance products to
Mumbai, Sep 6 HDFC Ltd. has disbursed home loans to over 2 lakh home buyers under the Pradhan Mantri Awas Yojana’s (PMAY) credit linked subsidy scheme (CLSS). In a regulatory filing on Sunday, the lender said that it approved over Rs
New Delhi, Aug 19 After the disclosure of a holding in HDFC, the Chinese central bank Peoples Bank of China has now acquired an equity stake in ICICI Bank. The government had in April notified new norms for FDI investments
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
Mumbai, June 12 The Housing Development Finance Corporation (HDFC) on Friday reduced the retail lending rate on both home and non-home loans by 20 basis points with immediate effect. In a regulatory filing, the company said that the reduction will
New Delhi, May 18 The Reserve Bank of India has directed HDFC Limited to bring down its stake in its subsidiaries HDFC Ergo and HDFC Life Insurance to 50 per cent or below. The RBI has directed that post merger
Mumbai, April 22 Housing Development Finance Corp (HDFC) has reduced its prime lending rate by 15 basis points with effect from Wednesday. The change will benefit all HDFC retail home customers, the company said in a regulatory filing on Tuesday.
New Delhi, April 2 Financial services conglomerate HDFC Group on Thursday committed Rs 150 crore to the PM CARES Fund to support the fight against coronavirus pandemic. Deepak Parekh, Chairman, HDFC Ltd, said: “These are uncertain and trying times for
Unmatched fuel benefits; up to 50 litres free annually Available on RuPay and Visa networks Chandigarh, September 25, 2019: IndianOil and HDFC Bank Ltd. today launched a co-branded fuel credit card for users from non-metro cities and towns. The IndianOil
Mumbai, June 20 HDFC Ltd will acquire the entire 50.8 per cent shareholding of Apollo Group in Apollo Munich Health Insurance Company for Rs 1,336 crore, according to an announcement here on Wednesday. Earlier in the day, both HDFC and
A term loan agreement for ₹2500 Crore was signed with HDFC Bank Limited on 4th February, 2019. The loan facility is extended at an interest rate linked to 3-Month MCLR of the Bank. The loan has a door to door
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