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Demonetisation effect: ATMs go dry soon after opening, people rush to banks for cash
November 11, 2016 12:55 ISTPeople in several parts of the country continue to face hardship as ATMs are either shut or not dispensing cash.
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After SBI, ICICI and HDFC all set to cut home loan rates by up to 0.20 pc today
November 03, 2016 14:11 ISTFollowing the announcement by SBI slashing interest rates on home loans by 15 basis points to 9.15 per cent, a six year-low, private lenders including ICICI Bank and HDFC are also set to reduce the home loan rates by up to 0.20 per cent.
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‘Use bank’s own ATM network as pro-active measure’: SBI’s advice for its customers
October 21, 2016 17:14 ISTAfter the security breach of around six lakh debit cards, the nation's largest lender State Bank of India (SBI) has advised its customers to make use of the bank’s own ATM network instead of other
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HDFC raises Rs 500 Crore via Masala Bonds
October 21, 2016 12:52 ISTMortgage lender HDFC today said it has raised Rs 500 crore through rupee-denominated bonds from overseas investors. "The corporation has completed the fourth issue of rupee denominated-bonds to overseas investors of issue size Rs
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Did Yes Bank’s ATM network compromise 32 lakh debit cards?
October 20, 2016 15:52 ISTWith reports of security breach at some ATMs forcing banks to block over 32 lakh debit cards, the Reserve Bank of India (RBI) intervened into the matter and asked banks to replace debit cards whose security is suspected to have been compromised.
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HDFC to raise up to Rs 500 crore via masala bonds
October 13, 2016 12:10 ISTMortgage lender HDFC today said it will raise up to Rs 500 crore through rupee-denominated bonds from overseas investors. "Pursuant to the approval of the Board of Directors of the corporation at its meetings
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PM Modi-led government brought India to its strongest ever position: Deepak Parekh
August 30, 2016 21:08 ISTIndia’s economy is in a "stronger position" and is demonstrating an immense growth potential with a strong leadership at the helm bringing in key reforms, HDFC Chairman Deepak Parekh said today. "India has never been
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‘Project AI’: HDFC in plans to deploy robots to greet customers
August 29, 2016 12:00 ISTYour may be in for a pleasant surprise the next time you visit HDFC bank. In an attempt to match up with its Japanese counterparts, India's second largest bank HDFC has decided to go launch
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ICICI cuts lending rate by 0.05 per cent
June 04, 2016 7:02 ISTCountry's largest private sector lender ICICI Bank on Friday cut its marginal cost of funds-based lending rate (MCLR) by 0.05 per cent, to take it at par with the rates offered by SBI and HDFC Bank.
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HDFC ranks 7th among the top financial service companies
May 27, 2016 16:44 ISTNew Delhi: HDFC Ltd has been ranked among the world's ten biggest and most powerful companies in the consumer financial services sector on a Forbes list, which is topped by American Express. Ranked 7th, HDFC
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HDFC MF chief Milind Barve gets Rs 26.21 cr in salary, ESOPs
May 03, 2016 16:05 ISTNew Delhi: Top fund house HDFC Mutual Fund’s chief Milind Barve has received a total annual remuneration of Rs 26.21 crore for the latest fiscal 2015-16. The disclosure follows a diktat from markets regulator Sebi
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After SBI, HDFC Bank cuts minimum lending rate by 0.05%
December 30, 2015 8:04 ISTNew Delhi: Following SBI, country's second largest private sector lender HDFC Bank has reduced base rate or the minimum lending rate by 0.05% to 9.30%.The reduction in base rate will bring down interest rate on
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Market misery continues for 6th day, Sensex loses 98 points
November 03, 2015 18:28 ISTMumbai: Markets seemed to be caught in a downward spiral as the benchmark BSE Sensex today fell for the sixth day its longest losing run since June as investors continued to head for the exit
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Bank of Baroda laundering case: ED arrests HDFC official, 3 others
October 13, 2015 19:29 ISTNew Delhi: Four persons, including an HDFC bank employee, were today arrested by Enforcement Directorate (ED) under money laundering charges in the ₹6,000 crore suspicious remittances case at a Bank of Baroda (BoB) branch in
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HDFC Bank slashes base rate by 0.35%, loans to be cheaper
September 01, 2015 6:48 ISTMumbai: After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank on Monday lowered its base lending rate by 0.35 per cent to 9.35 per cent
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PM Modi may announce a universal health cover scheme on Independence Day
Politics | August 11, 2015 12:05 ISTPrime Minister Narendra Modi may announce on this Independence Day a universal health insurance plan, most probably without any subsidy, which will cover all members of a family under a single sum insured. “We are still
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Booming markets give brokerages a new lease of life
July 26, 2015 14:15 ISTMumbai: Growing investor participation in the securities market has helped revive the stock broking business in India, with most brokerages recording a growth of over 50-75 per cent in the last one year, experts say.
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Home prices high, but affordability rising: HDFC
May 18, 2015 10:08 ISTNew Delhi: Housing prices have risen to record high levels, but increase in disposable income of the homebuyers has made the purchase of a house most affordable in over a decade, according to mortgage giant
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HDFC makes to world's top-10 list of consumer finance firms
May 11, 2015 8:44 ISTNew York: Mortgage lender HDFC has emerged as the only Indian company among the world's 10 biggest consumer financial services firms, after giants like American Express, Visa and Mastercard.HDFC is ranked 7th on the list,
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HDFC cuts home loan rates for women to match rivals offerings
April 23, 2015 19:22 ISTMumbai: Mortgage major HDFC today offered home loans to women borrowers at 9.85 per cent, to make its loan pricing at par with that of rivals State Bank of India and ICICI Bank.The product, christened
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