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HDFC Bank Q3 profit surges 34 per cent to Rs 16,373 crore, NPAs decline to 0.31 per cent
Business | January 16, 2024 17:02 ISTThe total income on a standalone basis for the bank stood at Rs 81,720 crore in the third quarter of FY24, compared to Rs 51,208 crore in the same period of the previous year.
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HDFC Life Q3 net profit climbs 16 per cent to Rs 365 crore led by market rally
Business | January 12, 2024 17:51 ISTThe net premium income for HDFC Life Insurance rose by 6 per cent to Rs 15,273 crore in the quarter, while the value of new businesses declined by 2 per cent.
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Sensex snaps 11-day winning streak, slips 242 points on profit booking
Business | September 18, 2023 18:20 ISTThe 30-share BSE Sensex registered a decline of 241.79 points or 0.36%, settling at 67,596.84 after a day of volatile trading.
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HDFC Bank expects 17-18% credit growth this year
Business | July 23, 2023 14:58 ISTEffective July 1, the parent mortgage firm HDFC Ltd merged with its subsidiary HDFC Bank making it the second biggest lender after State Bank of India.
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HDFC Bank-HDFC merger in effect from July 1, to become one of world's most valuable banks
Business | June 30, 2023 11:31 ISTThe upcoming merger will also not affect customers availing fixed deposits (FDs) and customers will not have to pay interests after their FD matures. Furthermore, customers can also avail the facility to withdraw money after their FDs reach maturity.
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HDFC Life gets Rs 942-crore GST demand notice
Business | June 23, 2023 23:35 ISTStating that the input tax credit (ITC) case is an industry-wide issue, HDFC Life said the company will be taking appropriate steps in due course to reply to the show cause notice and contest the matter.
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HDFC Mutual Fund launches India's first defence fund | DETAILS
Business | May 16, 2023 19:46 ISTHDFC Defence Fund: HDFC Asset Management Company Ltd announced the launch of the country's first mutual fund focussed on defence sector.
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HDFC Bank logs 22.3 pc jump in Q2 net at Rs 11,125 cr on lower provisions
Business | October 15, 2022 15:35 ISTHDFC bank Q2 net jump: On a standalone basis, the largest private sector lender's net profit rose by over 20.1 per cent to Rs 10,605.78 crore as against Rs 8,834.31 crore in the year-ago period and Rs 9,196 crore in the preceding June quarter.
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HDFC hikes lending rate by 25 bps; home loan to be costlier
Business | July 30, 2022 21:03 ISTHDFC hikes lending rate: This is the fifth hike effected by HDFC in two months. In all, the rate has increased by 115 basis points since May this year.
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HDFC and HDFC Bank merger proposal gets RBI nod
Business | July 05, 2022 10:22 ISTThe merger proposal of HDFC and HDFC Bank remains subject to various statutory and regulatory approvals.
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HDFC and HDFC Bank merger proposal gets nod from stock exchanges
July 04, 2022 9:01 ISTThe merger of HDFC and HDFC Bank is expected to be completed by the second or third quarter of FY24.
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Buy POCO F4 5G from HDFC or SBI card to avail these offers and discounts
Technology | June 27, 2022 17:35 ISTPOCO F4 5G is available with a YouTube Premium subscription for two months, as a part of the first sale. Also, customers will further get a year of free subscription to Disney+ Hotstar VIP Pack.
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HDFC Bank hikes lending rates by 0.35%; second hike in two months
Business | June 07, 2022 19:01 ISTHDFC Bank increased its Marginal Cost of funding based on the Lending Rate by 0.35 per cent from June 7, as per the new rate structure published on its website.
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Home loan EMIs to go up as HDFC hikes interest rate; ICICI Bank, PNB increase MCLR
Business | June 01, 2022 17:12 ISTThe upward revision in interest rates by HDFC, PNB and ICICI Bank follow an off-cycle rate increase by the Reserve Bank in May.
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HDFC Bank merger with HDFC takes April deal volume to record high of $46.3 bn: Report
Business | May 26, 2022 20:51 ISTOn the merger and acquisition front, there were 45 deals worth USD 42.73 billion, which was a 676 per cent jump in the activity by values.
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HDFC hikes lending rate by 30 bps; loans to become dearer
Business | May 07, 2022 22:04 ISTThe move comes just days after several lenders, including ICICI Bank, Bank of Baroda and Bank of India, raised interest rates following the Reserve Bank of India's surprise repo rate hike on Wednesday.
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HDFC announces dividend of Rs 30 per equity share
May 02, 2022 18:05 ISTHDFC Dividend: HDFC will pay Rs 30 dividend per equity share to its shareholders.
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HDFC hikes interest rate on housing loans; EMI to rise for existing borrowers
Business | May 02, 2022 9:39 ISTHDFC said that the Retail Prime Lending Rate on housing loans will become costlier by 5 basis points. The hike will be effective from May 1.
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HDFC to be merged with HDFC Bank | What it means for shareholders
Business | April 04, 2022 12:25 ISTThe HDFC-HDFC Bank merger is expected to be completed by the second or third quarter of FY24.
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RBI lifts all restrictions on HDFC Bank; permits new digital launches
Business | March 12, 2022 17:41 ISTDigital 2.0 programme of the bank is designed to provide products to its customers for frictionless financial experience. It will help customers to move from a single transaction to a complete financial solution journey such as loan disbursement, payments and investment.
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