Lending major Housing Development Finance Corporation (HDFC) has increased its Retail Prime Lending Rate (RPLR) on housing loans — on which its Adjustable Rate Home Loans (ARHL) are benchmarked — by 50 basis points. New Delhi, June 10 (IANS) Lending major
New Delhi, June 1 (IANS) Housing Finance Company HDFC has increased its Retail Prime Lending Rate (RPLR) on housing loans by 5 basis points. The revision would come into effect from Wednesday itself. The upward revision in rates will essentially lead
New Delhi, May 8 (IANS) HDFC on Saturday announced that it would raise its Retail Prime Lending Rate (RPLR) by 30 basis points. It would lead to an identical hike in home loan rates for exiting customers. The hike will come
Mumbai, April 20 (IANS) Housing loan major HDFC will sell 10 per cent stake in HDFC Capital Advisors to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Accordingly, the housing loan major entered into binding agreements to sell 10
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
Mumbai, Feb 2 (IANS) Lending major HDFC on Wednesday reported a rise of 11 per cent in its standalone Q3FY22 net profit on a year-on-year basis. Its profit after tax rose to Rs 3,261 crore from Rs 2,926 crore in the
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
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