HDFC Bank board declares dividend of Rs 6.50 per share for FY21
Business | June 18, 2021 23:37 ISTHDFC Bank on Friday said its board has declared a dividend of Rs 6.50 per share for the year ended March 2021.
HDFC Bank on Friday said its board has declared a dividend of Rs 6.50 per share for the year ended March 2021.
HDFC Bank has announced a refund of the controversial 'GPS device commission' charged to auto loan borrowers for six years.
Customers of HDFC Bank have been facing issues with the bank's mobile banking application during the day.
Yadav said that the police received a complaint on June 8 that Bharti, who came to load money in the HDFC Bank ATM at HT building on Kasturba Gandhi Marg in the national capital had taken away Rs 21.02 lakh.
In the previous session, Sensex slipped 52.94 points or 0.10 per cent to 52,275.57, and Nifty declined 11.55 points or 0.07 per cent to end at 15,740.10.
Customers can conduct over 15 types of transactions using the Mobile ATMs, which will be operational at each location for a specific period. The Mobile ATMs will cover 3-4 stops in a day.
The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Act, the apex bank said.
The measures comprise setting up permanent medical infrastructure such as Oxygen plants, medical equipment, and ICU facilities, in addition to providing medical supplies to hospitals across India.
HDFC Bank is planning to set up 20 oxygen plants in hospitals besides three 100-bed COVID care facilities as part of the plan.
HDFC Ltd has reported a 31 per cent jump in consolidated net profit at Rs 5,669 crore for the last quarter of the financial year ended March 2021.
Equity benchmark indices cracked by 2 per cent on April 30 due to unabated rise in COVID cases and hiccups in vaccination drive amid unfavourable global cues. The BSE SandP Sensex closed 984 points or 1.98 per cent lower at 48,782 while the Nifty 50 plunged by 264 points or 1.77 per cent to 14,631.
The 30-share BSE Sensex sank 983.58 points or 1.98 per cent to finish at 48,782.36. The broader NSE Nifty tanked 263.80 points or 1.77 per cent to 14,631.10.
This is not for the first time that the customers of the bank have faced service outage. In fact, the bank has been penalised by the Reserve bank of India (RBI) for two major outages in the past.
HDFC Bank was adjudged the India's best bank for SMEs at the Asiamoney Best Bank Awards 2021.
State Bank of India, ICICI, HDFC, Axis Bank and Punjab National Bank (PNB) customers have been warned about a serious security flaw.
The bank will reimburse vaccination cost for the two mandated doses, the lender said in a statement.
The move comes two days after similar announcements by rivals SBI and Kotak Mahindra Bank, who are now giving home loans at 6.70 per cent and 6.65 per cent, respectively.
Post the transaction, shareholding of the schemes of HDFC Mutual Fund in Just Dial stood at 5.60 per cent.
The accused had opened, at least, 10 fake accounts in various banks including the Axis Bank, ICICI, IDBI, and IndusInd bank and applied for loans in HDFC Bank and Bajaj Finance.
HDFC Bank is the largest lender by assets in the private sector in the country. Its net banking and mobile banking app services will be affected for two days on Feb 4 and 5.
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