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RBI imposes Rs 1 crore penalty on HDFC Bank
News | January 30, 2020 23:55 ISTThe Reserve Bank of India (RBI) has imposed a monetary penalty of Rs one crore on HDFC Bank for non-compliance of Know Your Customer (KYC) norms.
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HDFC pitches for one-time loan recast for realty projects
Business | January 28, 2020 15:38 ISTAhead of the presentation of the Union Budget 2020-21, largest pure-play home financier HDFC on Tuesday pitched for a one-time loan recast for realty projects.
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HDFC to invest Rs 100 crore per year in tech startups
Business | January 28, 2020 13:09 ISTThe largest mortgage lender will install a dedicated team understanding the startup ecosystem to do the investments. The announcement comes at a time when there is a lot of focus on the policy front to encourage startups with an objective of encouraging innovation and creating employment opportunities.
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HDFC Bank Q3 net profit rises 33% to Rs 7,417 crore
Business | January 18, 2020 23:53 ISTPrivate lender HDFC Bank on Saturday reported a 32.8 per cent growth in net profit to Rs 7,416.5 crore for the third quarter ended December 31 driven by interest and non-interest income.
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HDFC ERGO Health to merge with HDFC ERGO through share swap
Business | January 16, 2020 17:22 ISTHDFC ERGO Health erstwhile Apollo Munich Health Insurance will merge with HDFC ERGO through a share swap deal. The board of director of HDFC ERGO and HDFC ERGO Health at its meeting on January 15, approved a scheme of arrangement and amalgamation between the two entities, HDFC Ltd said in a regulatory filing.
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HDFC Bank Customers Alert! Credit Card services, netbanking, mobile banking to stop in this period
Business | January 16, 2020 22:20 ISTHDFC Credit Cardholders alert! Are you holding Credit Card of HDFC Bank? Then here is important news for you. India's largest private lender, HDFC Bank has alerted its customers that Credit Card services on IVR, net banking, mobile banking, phone banking, will not be available on January 18, 2020
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BHEL, HDFC, Kotak Mahindra, 5 others to list commercial papers on BSE
Business | December 26, 2019 19:48 ISTLeading stock exchange BSE on Thursday said eight companies, including Bharat Heavy Electricals Ltd, Housing Development Finance Corporation Ltd (HDFC), Kotak Mahindra Prime Ltd, have filed applications with the exchange to list their commercial papers (CPs).
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Tech glitch hits HDFC Mobile banking app, netbanking; Twitter abuzz
Technology | December 03, 2019 14:25 ISTHDFC Mobile Banking app and netbanking page down for the second day: Here's why you are not able to access your HDFC account online
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ALERT! HDFC Bank's Net Banking, app down for 2nd day due to ‘technical glitch’; services disrupted
Business | December 03, 2019 13:57 ISTAlmost after more than 20 hours, HDFC Bank customers continue to face a lot of issues in accessing online banking services or mobile banking app on Tuesday. The bank customers were unable to use the bank’s mobile app and the net banking facility for the second day in a row due to a ‘technical glitch’.
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NBFC/HFC bankruptcy provisions positive for banks: Moody's
Business | November 25, 2019 14:02 ISTOn November 20, the Reserve Bank superseded the DHFL board and appointed an administrator and said it would begin bankruptcy process for the crippled company that owes close to Rs 90,000 to the system.
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HDFC Bank becomes third Indian company to cross Rs 7 trillion market cap after RIL and TCS
Business | November 15, 2019 11:56 ISTIndia's largest private sector bank -- HDFC Bank -- has become the third Indian company to surpass the 7 trillion market capitalisation after TCS and Reliance industries. The private lender on Friday touched Rs 7,00,252 crore market cap, in turn surpassing the 7 trillion figure for the first time.
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HDFC Q2 net profit up 76% at Rs 1,749 crore
Business | November 04, 2019 15:47 ISTMortgage lender HDFC on Monday said its consolidated net profit jumped over 76.3 per cent to Rs 1,748.69 crore in the second quarter ended September 2019. Its consolidated net profit during the corresponding three months of 2018-19 stood at Rs 6,096.85 crore.
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HDFC localises website in six Indian languages
Business | October 20, 2019 13:55 ISTThe website content is now also available in Hindi, Marathi, Tamil, Telugu, Malayalam and Kannada, even as English continues to be a widely used language on digital platforms in India, HDFC said.
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HDFC Bank Q2 net profit rises 25 per cent to Rs 6,638 cr
Business | October 19, 2019 19:27 ISTTotal income on a consolidated basis rose to Rs 36,130.96 crore during the three months to September, against Rs 30,124.49 crore in the same period of the previous year, the bank said in a regulatory filing.
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HDFC mops up Rs 5,000 crore by issuing bonds
Business | October 18, 2019 17:55 ISTMortgage lender HDFC has raised up to Rs 5,000 crore by issuing bonds on private placement basis. The bids were opened on Friday and closed the same day.
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Duped by online banking fraudsters? SBI says do this immediately
Business | October 21, 2019 11:03 ISTOnline Banking Fraud Alert! Online banking has eased customers bank-related work like money transfers. However, every good thing comes at a cost. To protect against online fraud, including phishing, India's largest lender State Bank of India (SBI) suggests customers to be suspicious of any e-mail or text message containing an urgent request for personal or financial information.
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HDFC Bank clarifies on viral passbook pic with insurance deposit stamp
Business | October 18, 2019 7:06 ISTHDFC Bank Customers alert! A passbook picture of HDFC Bank, India one of the largest private sector bank, bearing a stamp of deposit insurance cover being circulated on social media which informs customers that deposits only up to ₹1 lakh is insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC). Issuing a clarification on it, the lender said the information was not new and has been inserted as per Reserve Bank of India circular issued on June 22, 2017.
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HDFC launches 'Fuel Credit Card'; users to get 50 litres fuel free
Business | September 26, 2019 17:05 ISTAre you HDFC Bank account holder? Then this news will make your day. Indian one of the largest private lender HDFC Bank on Wednesday launched co-branded fuel credit card for users from non-metro cities.
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HDFC Bank BIG expansion: 47 new branches to come up in Rajasthan
Business | September 02, 2019 18:54 ISTPrivate sector lender HDFC bank on Monday said it will open 47 new branches in the state this financial year.
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WARNING! Paytm says don't do this or your account details might get leaked; details inside
Business | August 27, 2019 17:37 ISTAre you Paytm account holder and often do the online transaction through a bank or UPI then you need to be careful. In the latest notification, Paytm has warned its account holders or online bank frauds and have asked them to be alert and be careful from the scammers
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