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  Moody's terms HDFC Bank's multiple digital outages 'credit negative'

  Business | December 07, 2020 14:43 IST

  Last week, banking sector regulator Reserve Bank of India (RBI) had asked the bank to temporarily stop all launches under its digital 2.0 initiative and stop sourcing new credit card customers.

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  HDFC Bank shares fall over 2 pc after RBI asks firm to halt launch of new digital initiatives

  Business | December 03, 2020 18:11 IST

  Shares of HDFC Bank declined over 2 per cent on Thursday after the company said the Reserve Bank of India has asked it to temporarily stop all launches of its upcoming banking initiatives and issuing of new credit cards.

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  Former HDFC Bank CEO Aditya Puri to join Carlyle as senior advisor

  Business | November 02, 2020 10:06 IST

  Puri is widely credited for building HDFC Bank from scratch and making it the largest in the private sector space and the most valuable one.

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  HDFC Bank's Santhanam among Forbes' 'World's Most Influential CMOs'

  Business | October 04, 2020 16:18 IST

  Ravi Santhanam, the Chief Marketing Officer (CMO) of HDFC Bank, has made it to the Forbes' list of 'World's Most Influential CMOs'. 

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  HDFC Bank loan restructuring scheme: Eligibility to processing fee; key points you need to know

  Business | September 23, 2020 14:38 IST

  After State Bank of India (SBI), HDFC Bank has stipulated a minimum outstanding balance of Rs 25,000 to consider the credit card or loan outstanding for restructuring under the scheme approved by the Reserve Bank of India (RBI).

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  Equity indices bounce as banking stocks gain, Reliance up 2.6 pc

  News | September 10, 2020 12:20 IST

  Equity benchmark indices swung higher during early hours on Thursday following a spurt in Asian markets with banking stocks taking a lead.

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  HDFC disburses CLSS loans to over 2 lakh home buyers

  Business | September 06, 2020 14:18 IST

  In a regulatory filing on Sunday, the lender said that it approved over Rs 47,000 crore of home loans under CLSS to homebuyers belonging to the economically weaker section (EWS), low income group (LIG) and middle income groups (MIG).

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  Loans to get cheaper as HDFC Bank cuts MCLR by 10 bps, effective from today

  Business | August 07, 2020 15:20 IST

  HDFC Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all tenors with effect from Friday.

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  Despite pandemic, HDFC shines with 15 pc growth in net at Rs 4,059 crore

  Business | July 30, 2020 22:03 IST

  The largest mortgage lender HDFC on Thursday reported a solid set of numbers with a 15 per cent growth in consolidated net income at Rs 4,059 crore, along with better margins and asset quality among other key metrics in the pandemic ravaged June quarter.

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  HDFC chief Deepak Parekh urges RBI to not extend loan moratorium. Know why

  Business | July 28, 2020 10:11 IST

  Earlier in March, the RBI had allowed a three-month moratorium on payment of all term loans due between March 1 and May 31. On May 22, the central bank extended it till August 31, providing relief to borrowers amid the complete lockdown.

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  HDFC Bank registers massive profit rise in Q1

  Business | July 18, 2020 16:41 IST

  HDFC Bank, the largest private sector lender in India has reported a nearly 20 per cent rise in its net profit for June quarter of the current financial year.

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  HDFC Bank auto lending probe: HDFC says loan books not affected

  Business | July 14, 2020 10:35 IST

  Earlier on Monday, HDFC Bank spokesperson said, "We would like to state that the executive concerned who was on an extension of service retired on March 31, 2020 in the normal course of his employment.

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  Sensex soars 466 points; RIL, HDFC Bank drive rally

  July 06, 2020 16:27 IST

  After touching a high of 36,661.66 during the day, the 30-share index settled 465.86 points, or 1.29 per cent, higher at 36,487.28; while the NSE Nifty soared 156.30 points, or 1.47 per cent, to 10,763.65.

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  HDFC plans to raise up to Rs 1.25 lakh crore in 1 year

  Business | July 02, 2020 22:33 IST

  Housing finance major HDFC Ltd plans to raise up to Rs 1.25 lakh crore in a year by issuing debt securities through various modes, according to its annual report for 2019-20. The Housing Development Finance Corporation (HDFC) Limited will convene its annual general meeting (AGM) on July 30 

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  Equity indices flat in early trading, Titan and HDFC top losers

  News | June 04, 2020 14:00 IST

  Equity benchmark indices oscillated between gains and losses during early hours on Thursday but remained largely flat.

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  HDFC Ltd Q4 profit declines 10 pc to Rs 4,342 cr

  Business | May 25, 2020 16:25 IST

  Housing finance firm HDFC Ltd on Monday reported a 10 per cent decline in consolidated net profit to Rs 4,341.58 crore for the fourth quarter ended March 31.

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  Market Wrap: Sensex surges 622 pts; HDFC, Tata Steel, Bajaj Finance among top gainers

  Business | May 20, 2020 16:38 IST

  Equity benchmark Sensex rallied 622 points on Wednesday, propelled by gains in index-heavyweights HDFC twins and Reliance Industries despite weak cues from global markets.

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  Eight of top-10 firms including TCS, HDFC lose Rs 2.50 lakh cr in m-cap

  Business | May 10, 2020 11:48 IST

  Eight of the 10 most valued Indian companies lost Rs 2,50,825.28 crore in market valuation last week, with TCS and HDFC twins taking the biggest hit. In the top-10 list, only Reliance Industries Ltd and Bharti Airtel managed to close the trading week with gains.

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  HDFC AMC Q4 profit-after-tax drops 9 per cent to Rs 250 crore

  Business | May 09, 2020 23:02 IST

  HDFC Asset Management Company on Saturday reported a 9 per cent drop in profit-after-tax at Rs 250 crore for the three months ended March 2020.

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  HDFC Bank plans to expand its network of mobile ATMs

  Business | May 08, 2020 21:56 IST

  In what may be a major relief for the common man amid the coronavirus crisis, HDFC Bank plans to expand the network of its mobile ATM service across the country.