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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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HDFC cuts retail prime lending rate by 20 bps

HDFC cuts retail prime lending rate by 20 bps

🕔13:48, 12.Jun 2020

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

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RBI directs HDFC to reduce stake in HDFC Ergo, HDFC Life to 50% or below

RBI directs HDFC to reduce stake in HDFC Ergo, HDFC Life to 50% or below

🕔13:46, 18.May 2020

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

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HDFC cuts prime lending rate by 15 bps, home loans to be cheaper

HDFC cuts prime lending rate by 15 bps, home loans to be cheaper

🕔07:03, 22.Apr 2020

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.

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HDFC Group commits Rs 150 crore to PM CARES Fund

HDFC Group commits Rs 150 crore to PM CARES Fund

🕔15:02, 2.Apr 2020

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

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IndianOil and HDFC Bank launch co-branded fuel credit card for non-metro cities and towns

IndianOil and HDFC Bank launch co-branded fuel credit card for non-metro cities and towns

🕔05:22, 26.Sep 2019

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

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HDFC to buy 51% stake in Apollo Munich Health Insurance

HDFC to buy 51% stake in Apollo Munich Health Insurance

🕔07:27, 20.Jun 2019

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

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NTPC Signs Loan Agreement with HDFC Bank

NTPC Signs Loan Agreement with HDFC Bank

🕔19:25, 5.Feb 2019

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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HDFC Q3 standalone net profit at Rs 2,114 cr

HDFC Q3 standalone net profit at Rs 2,114 cr

🕔10:56, 30.Jan 2019

Mumbai, Jan 30  Housing finance major HDFC on Tuesday reported a standalone net profit of Rs 2,114 crore during the third quarter of 2018-19. According to the company, standalone net profit during the quarter under review was not comparable with

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HDFC to consider raising Rs 45,000 cr via issuance of NCDs

HDFC to consider raising Rs 45,000 cr via issuance of NCDs

🕔11:10, 3.Jan 2019

Mumbai, Jan 3  The HDFC’s Board will consider raising Rs 45,000 crore through issuance of secured redeemable non-convertible debentures (NCDs). Accordingly, the company’s Board will consider the issuance of NCDs on private placement basis in a meeting on January 29,

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NTPC signs Term Loan of ₹1500 crore with HDFC Bank

NTPC signs Term Loan of ₹1500 crore with HDFC Bank

🕔20:44, 13.Jul 2018

NTPC has signed term loan agreement for ₹1500 crore with HDFC Bank Limited on 10th July, 2018. The loan facility is extended at an interest rate linked to 3- months MCLR of the Bank. This loan has a door to

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HDFC increases home loans lending rates

HDFC increases home loans lending rates

🕔10:40, 10.Apr 2018

New Delhi, April 10  Lending major HDFC on Monday said that it has increased its ‘Retail Prime Lending Rate’ (RPLR) by 20 basis points effective since April 1, 2018. HDFC’s ‘Adjustable Rate Home Loans’ (ARHL) are benchmarked on RPLR. –IANS

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HDFC Q3 standalone net profit increases to Rs 5,670 cr

HDFC Q3 standalone net profit increases to Rs 5,670 cr

🕔10:15, 30.Jan 2018

Mumbai, Jan 30  Housing finance major HDFC on Monday said that its standalone net profit during the third quarter of 2017-18 increased to Rs 5,670 crore. According to the company, its standalone net profit during the quarter under review included

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HDFC approves sale of two subsidiaries to Quikr India for Rs 357 cr

HDFC approves sale of two subsidiaries to Quikr India for Rs 357 cr

🕔10:43, 22.Dec 2017

Mumbai, Dec 22  Housing Development Finance Corporation on Thursday said it has approved the sale of its wholly-owned subsidiary companies — HDFC Developers and HDFC Realty — to online classifieds platform Quikr India for around Rs 357 crore. According to

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HDFC’s plans to raise up to Rs 13,000 cr

HDFC’s plans to raise up to Rs 13,000 cr

🕔22:45, 19.Dec 2017

Mumbai, Dec 19 (IANS) Housing finance major HDFC plans to raise funds up to Rs 13,000 crore ($2 billion) via issue of equity shares or other permissible securities, subject to the regulatory approvals. “The corporation will consider raising funds by issue

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HDFC net up in Q1

HDFC net up in Q1

🕔10:00, 29.Jul 2015

Chennai, July 29  Housing Development Finance Corporation Ltd (HDFC) closed the first quarter with a net profit of Rs.1,360.98 crore.In a regulatory filing in BSE, HDFC said it has posted a net profit of Rs.1,360.98 crore for the quarter ended

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