Mumbai: Having cut its deposit offering by up to 0.50 per cent, the country's second-largest private sector lender HDFC Bank will be cutting its lending rate by March, a top official said today.“Now I've reduced
New Delhi: The country's top two private banks—HDFC Bank Ltd and ICICI Bank Ltd—have cut interest rates on term deposits.ICICI Bank has lowered its deposit rates for customers within the Rs 1 crore bracket, for
New Delhi: After State Bank of India, HDFC Bank, Axis Bank and Union Bank have decided to impose limits on the number of free transactions customers can undertake on home bank ATMs.HDFC Bank and Axis
Mumbai: Shares of HDFC Bank, Reliance Capital and Reliance Power fell up to three per cent after the MSCI removed these stocks from its India index.HDFC Bank fell by two per cent to Rs. 894,
Bhubneshwar: HDFC Bank launched its Secure Banking programme here and plans to extend it to all its 96 branches across Odisha as part of its efforts to create banking awareness among customers. Speaking about the
New Delhi: Dragged down by state-run ONGC, seven of the top 10 most valued Indian companies together lost Rs 67,233 crore in terms of market capitalisation last week. Barring TCS, HDFC Bank and Infosys in the
New Delhi: With addition of over 10,000 jobs last fiscal, ICICI Bank has overtaken rival HDFC Bank as the biggest employer in the private banking space with more than 72,000 employees. Incidentally, HDFC Bank saw its
New Delhi: The final decision on HDFC Bank's proposal to raise foreign shareholding will be taken by the Foreign Investment Promotion Board, the Finance Ministry said today. “It (ambiguities in HDFC Bank's proposal) will be cleared
New Delhi: Private sector lender HDFC Bank proposes to raise about Rs 10,000 crore from share sale to fund its growth. The bank's board at its meeting on May 19 decided to seek an enabling approval
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
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
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
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
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
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
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
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
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
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
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
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