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HDFC raises home loan interest rate by 50 bps

HDFC raises home loan interest rate by 50 bps

🕔11:07, 10.Jun 2022

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

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HDFC raises lending rates, EMIs on home loans to go up

HDFC raises lending rates, EMIs on home loans to go up

🕔13:39, 1.Jun 2022

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

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HDFC hikes home loan rates for existing customers effective May 9

HDFC hikes home loan rates for existing customers effective May 9

🕔05:55, 8.May 2022

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

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HDFC to sell 10% stake in HDFC Capital to ADIA’s subsidiary

HDFC to sell 10% stake in HDFC Capital to ADIA’s subsidiary

🕔16:31, 20.Apr 2022

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

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India expected to have over 100 new unicorns in 2022: HDFC Securities

India expected to have over 100 new unicorns in 2022: HDFC Securities

🕔19:00, 19.Mar 2022

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

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HDFC’s Q3FY22 standalone net profit up 11%

HDFC’s Q3FY22 standalone net profit up 11%

🕔16:26, 2.Feb 2022

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

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HDFC Life completes acquisition of Exide Life

HDFC Life completes acquisition of Exide Life

🕔10:20, 2.Jan 2022

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

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HDFC Life closes first half with lower PAT of Rs 577 cr

HDFC Life closes first half with lower PAT of Rs 577 cr

🕔20:47, 22.Oct 2021

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

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HDFC Bank’s Q2FY22 YoY net profit up 17.6%

HDFC Bank’s Q2FY22 YoY net profit up 17.6%

🕔20:50, 16.Oct 2021

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

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Reliance Industries tops India Inc in World’s Best Employer rankings 2021

Reliance Industries tops India Inc in World’s Best Employer rankings 2021

🕔15:19, 14.Oct 2021

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

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HDFC Life to acquire Exide Life for Rs 6,687 Cr

HDFC Life to acquire Exide Life for Rs 6,687 Cr

🕔12:14, 3.Sep 2021

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

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HDFC’s consolidated net profit up 31%

HDFC’s consolidated net profit up 31%

🕔20:11, 2.Aug 2021

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

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New long only India portfolio launched

New long only India portfolio launched

🕔15:52, 2.Jul 2021

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

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Indiabulls Housing ties up with HDFC for co-lending

Indiabulls Housing ties up with HDFC for co-lending

🕔07:36, 22.Apr 2021

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

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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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Yes Bank corporate agent for HDFC Life Insurance

Yes Bank corporate agent for HDFC Life Insurance

🕔17:53, 22.Sep 2020

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

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HDFC disburses CLSS loans to over 2 lakh home buyers

HDFC disburses CLSS loans to over 2 lakh home buyers

🕔17:12, 6.Sep 2020

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

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Chinese central bank investment in ICICI Bank raises eyebrows

Chinese central bank investment in ICICI Bank raises eyebrows

🕔07:23, 19.Aug 2020

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

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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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