New Delhi, Jan 3 (IANS) The State Bank of India, ICICI Bank and HDFC Bank continue to be identified as “Domestic Systemically Important Banks (D-SIBs)”, according to the Reserve Bank of India (RBI). SIBs are those financial institutions which are too
New Delhi, Dec 20 (IANS) Days after the RBI hiked repo rate for the fifth time in the last seven months, the Housing Development Finance Corporation Ltd (HDFC) on Monday revised its retail prime lending rate (RPLR) on home loans. The
Chennai, Nov 3 (IANS) Home finance company Housing Development Finance Corporation Ltd (HDFC) closed the Q2FY23 with a higher net profit of Rs 4,454.24 crore. In a regulatory filing, HDFC said it had logged an operational revenue of Rs 15,027.21 crore
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
New Delhi, Sep 21 (IANS) The Defence Accounts Department of Ministry of Defence, signed a Memorandum of Understanding (MoU) on Wednesday with Bank of Baroda and HDFC Bank to take them onboard as Service Centres under the System for Pension Administration
Mumbai, Sep 2 (IANS) Housing Development Finance Corporation (HDFC) plans to raise up to Rs 10,000 crore, which includes Rs 5,000 crore in greenshoe through bonds maturing in 10-year, a person close to development said. The bidding for the bonds will
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
Mumbai, Aug 5 (IANS) HDFC Ltd has announced the completion of the USD 1.1 billion Syndicated Social Loan Facility for the financing of affordable housing in India. The loan has been priced 90 basis points over Secured Overnight Financing Rate
Bengaluru, Aug 2 (IANS) HDFC Bank Parivartan has signed a Memorandum of Understanding (MoU) with the Indian Institute of Science (IISc) under which the former has pledged Rs 107.76 crore to support three wings of the latter’s Bagchi-Parthasarathy Hospital, an official
Mumbai, July 31 (IANS) Housing Development Finance Corp Ltd hiked its benchmark lending rate by 25 basis points, with effect from August 1, the company said in an exchange filing. The hike in rate by the mortgage lender came before the
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
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