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Latest Articles in hdfc bank
Reliance Industries, HDFC Bank Drive Indian Stocks To New Highs
The Nifty 50 index closed 0.75 per cent higher at a record high of 19,711.45, while the S&P BSE Sensex climbed 0.80 per cent to 66,589.93
Read MoreHDFC Bank Q1 Net Up 30% To Rs 11,951 Cr
The bank's net profit also experienced substantial growth, increasing from Rs 9,196 crore in the corresponding quarter last year to Rs 11,951 crore in Q1FY24
Read MoreHDFC Bank Onboards 1 lakh Customers And 1.7 lakh merchants On CBDC Programme
The bank has also launched a UPI QR code interoperable with India's sovereign digital currency
Read MoreHDFC Bank To Sell 2% Stake In NSDL IPO
The lender holds an 8.95 per cent stake in NSDL, which handles most of the securities held and settled in dematerialised form in the Indian capital market
Read MoreHDFC Bank Extends Special FD Scheme For Senior Citizens With Higher Interest Rates
Initially launched in May 2020 during the Covid-19 pandemic, the bank has now extended the last date to invest in the scheme until 7 November 2023
Read MoreHDFC Bank's Merged Loan Book With HDFC Reaches $273.8 Bn By June End
The merger positioned HDFC Bank among the world's top 10 banks in terms of market capitalisation
Read MoreHDFC Bank Hits 52-Week High On Merger With HDFC
Sashidhar Jagdishan, the CEO of HDFC Bank, expressed his optimism about the merged entity's potential
Read MoreHDFC Bank Gets Board Approval For $40 Bn Merger With HDFC
The newly formed entity will boast a substantial asset base of around Rs 18 lakh crore
Read MoreSebi Rejects Extension For MFs In Realignment Of HDFC Twins' Portfolios
The decision comes as Sebi finds no material data to support the need for an extension and highlights the highly liquid nature of these stocks, which eliminates the demand for such an extension
Read MoreHDFC-HDFC Bank Merger To Be Effective 1 July: HDFC Chairman
This merger is unprecedented in India and will create a bank valued at USD 168 billion
Read MoreInsurance Regulator Approves Transfer Of HDFC Life Shares To HDFC Bank
HDFC announced a USD 40 billion deal last year to merge with the top private lender and as part of the transaction, which is set to close next month, HDFC was required to transfer its units to HDFC Bank.
Read MoreApple Looking To Release Their Credit Card In India
Apple is looking to collaborate with HDFC Bank to bring the credit card to Indian customers, according to a media house.
Read MoreHoldings Waiver Unlikely For Mutual Funds after HDFC Bank- HDFC Merger: Report
The merger, expected to be finalised in the coming weeks, aims to establish India's second-largest financial institution by assets, trailing the State Bank of India
Read MoreHDFC-HDFC Bank Merger To Take Place In 4-5 Weeks, Bank’s Margins Would Fall: Analysts
The bank expects NIM – a key profitability measure – to fall to 3.7-3.8 per cent in 2023-24 from 4.1 per cent a year ago due to the merger, Nomura analysts wrote in a report
Read MoreHDFC, HDFC Bank Wipe Out Weekly Gains For Shares
The Nifty 50 closed 1.02 per cent lower at 18,069, while the S&P BSE Sensex lost 1.13 per cent to 61,054
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