• india home to 54 of world s largest most powerful companies

    India home to 54 of world's largest, most powerful companies

    May 08, 2014 18:20 IST

    New York: Mukesh Ambani- led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world s 2000 largest and most powerful public companies, with Chinese companies occupying the top

  • fipb to take up hdfc bk s foreign investment proposal on

    FIPB to take up HDFC Bk's foreign investment proposal on May 13

    May 05, 2014 16:35 IST

    New Delhi: The controversial proposal of HDFC Bank to hike foreign holding is likely to be taken up by the Foreign Investment Promotion Board (FIPB) at its meeting on May 13. Sources said the proposal would

  • skills academy to tie up with hdfc bank for banker programme

    Skills Academy to tie up with HDFC Bank for 'banker programme'

    May 03, 2014 20:05 IST

    Mumbai: Genpact founder Pramod Bhasin and DLF director Pia Singh-promoted The Skills Academy will tie up with HDFC Bank to co-develop the content of a training course for professional bankers.The Academy plans to launch the

  • hdfc bank profit up 23 to rs 2 326 cr lowest rise in 10 yrs

    HDFC Bank profit up 23% to Rs 2,326 cr, lowest rise in 10 yrs

    April 22, 2014 21:06 IST

    Mumbai: Hit by higher effective tax rate, private sector HDFC Bank today reported its decade's lowest profit growth of 23.1 per cent at Rs 2,326.5 crore for the January-March period of 2013-14.HDFC Bank had earned

  • bharti again dials overseas bond market mops up 750 mn euro

    Bharti again dials overseas bond market; mops up 750 mn euro

    December 03, 2013 22:05 IST

    Mumbai: Bharti Airtel today mopped up euro 50 million from an international bond sale as it readies for he spectrum auction next month, merchant bankers said. The country's largest telecom firm raised the money at

  • bank finance to infra sector surges to 13.4 report

    Bank finance to infra sector surges to 13.4%: Report

    October 27, 2013 17:08 IST

    Mumbai: Amidst growing concern of lenders' asset liability mismatch, an HDFC Bank report says the share of bank funding to the infrastructure sector soared to 13.4 percent in FY'13 from a meagre 1.6 percent of

  • hdfc bank hits overseas bond market with benchmark issue

    HDFC Bank hits overseas bond market with benchmark issue

    October 23, 2013 17:44 IST

    Mumbai: The country's second largest private lender HDFC Bank today hit the foreign bond market with benchmark US dollar issue as part of the bank's USD two-billion medium-term bond sale programme.Accessing of the overseas bond

  • sensex below 20k down 363 pts as rate hike fears hits banks

    Sensex below 20K, down 363 pts as rate hike fears hits banks

    September 23, 2013 17:04 IST

    Mumbai: Falling for the second day, the BSE benchmark Sensex today ended about 363 points lower at 19,900.96 as investors continued to unwind positions in banking, realty and capital goods stocks on heightened fears that

  • banks open on saturday and sunday for accepting advance tax

    Banks open on Saturday and Sunday for accepting advance tax

    September 14, 2013 16:07 IST

    New Delhi:  Corporates can pay their first quarter advance tax today, tomorrow and on Monday at the designated bank branches, an official statement said. “All designated branches of authorised banks have been asked to function

  • hdfc bank axis bank raise fixed deposit rates by up to 4

    HDFC Bank, Axis Bank raise fixed deposit rates by up to 4%

    August 01, 2013 18:11 IST

    New Delhi, Aug 1: Faced with a tight liquidity condition, two leading private sector banks – HDFC Bank and Axis Bank – have raised fixed deposit rates by up to 4%, a move which may

  • hdfc bank net profit up 30 at rs 1843 cr bad loans rise

    HDFC Bank net profit up 30% at Rs 1843 cr, bad loans rise

    July 17, 2013 14:56 IST

    New Delhi, July 17: Private sector-lender, HDFC Bank on Wednesday reported a Profit After Tax ( PAT) of Rs 1843 crore for the first quarter of the current financial year. This is a 30% increase

  • hdfc bank cuts lending rates by 0.1 per cent

    HDFC Bank cuts lending rates by 0.1 per cent

    December 30, 2012 14:47 IST

    New Delhi, Dec 26: HDFC Bank has decided to cut its benchmark lending rates by 0.1 per cent, making loans cheaper for its borrowers in the new year.The base rate, or the minimum lending rate,

  • hdfc bank to pay rs 3 lakh for seizing car without giving

    HDFC Bank to pay Rs 3 lakh for seizing car without giving notice

    December 13, 2012 18:16 IST

    New Delhi, Dec 13: HDFC Bank has been directed by a consumer forum here to pay Rs three lakh as compensation to a private taxi's owner for seizing his vehicle without prior notice for default

  • hdfc bank launches mobile banking in hindi

    HDFC Bank launches mobile banking in Hindi

    November 20, 2012 16:42 IST

    Indore, Nov 20: Targeting 560-million Hindi-speaking population, the second largest private sector lender HDFC Bank today launched a mobile banking application in the national language. Mobile banking services is part of the bank's overall strategy to

  • hdfc bank q2 net jumps over 30

    HDFC Bank Q2 net jumps over 30%

    October 12, 2012 18:08 IST

    New Delhi, Oct 12: Private sector lender HDFC Bank on Thursday posted 30.06 per cent jump in net profit at Rs 1,559.98 crore in the July-September quarter.It had posted post tax profit of Rs 1,199.35

  • hdfc bank hints at lending rate cut

    HDFC Bank hints at lending rate cut

    September 25, 2012 18:51 IST

    Mumbai, Sep 25: The second largest private sector lender HDFC Bank on Tuesday said it will decide on a possible lending rate cut later this week."When costs go down, interest rates will go down. That

  • banks net to plunge 11 pc qoq says stanchart secs

    Banks net to plunge 11 pc QoQ, says StanChart Secs

    July 10, 2012 15:55 IST

    Mumbai, July 10: Led by state-run banks which are set to report increased strains on asset quality, the banking sector is set to see profits decline by 11 percent in Q1 sequentially but a 43

  • hdfc bank levies charges on inoperative a/cs cash deposits

    HDFC Bank Levies Charges On Inoperative A/cs Cash Deposits

    January 10, 2012 18:39 IST

    New Delhi, Jan 10: If you are an account holder of HDFC Bank, then be prepared to pay Rs 50 per quarter for a non-operational account of over a year and Rs 25 for depositing

  • hdfc bank launches mobilebank account with vodafone m paisa

    HDFC Bank Launches MobileBank Account With Vodafone M-Paisa

    November 27, 2011 14:07 IST

    Jaipur, Nov 27: The country's second largest private lender HDFC Bank has launched MobileBank accounts in association with Vodafone m-paisa.“Through this arrangement, customers can now perform basic banking transactions on mobile phones and even deposit

  • sensex down 200 points on weak global trend falling rupee

    Sensex Down 200 Points On Weak Global Trend, Falling Rupee

    September 23, 2011 18:41 IST

    Mumbai, Sept 23: The BSE Sensex fell for the third day in a row today, down 200 points to 4-week low of 16,162, as global sell-off in equities continued amid grim prospects of world economic