With 31% jump, HDFC's Aditya Puri top gainer in salary hike among private bank chiefs

With 31% jump, HDFC's Aditya Puri top gainer in salary hike among private bank chiefs

HDFC Bank's Aditya Puri saw the maximum jump in remuneration among private bank chiefs in 2015-16, with a 31 per cent growth at Rs 9.73 crore.

India Inc 'saddened' by Rajan's decision over second term

India Inc 'saddened' by Rajan's decision over second term

Top industry leaders today said RBI Governor Raghuram Rajan's decision not to take a second term will be "nation's loss" as he brought economic stability and enhanced India's credibility on the world stage.

'Home prices hit roof but affordability also at its best'

'Home prices hit roof but affordability also at its best'

 Defying an overall low-inflation trend, home prices have hit record high levels but a faster rise in disposable income has made purchasing a house the most affordable ever, according to mortgage giant HDFC Ltd.

HDFC to raise Rs 500 crore by issuing bonds to finance housing biz

HDFC to raise Rs 500 crore by issuing bonds to finance housing biz

To cater to housing finance needs, India's largest mortgage lender HDFC today said it will raise Rs 500 crore by issuing bonds on a private placement basis.

India Post's network value rocks! Over 60 financial giants woo for partnership

India Post's network value rocks! Over 60 financial giants woo for partnership

Zee Media Bureau

New Delhi: India Post's modernisation drive has already started paying it off in terms of upping its brand value.

HDFC completes 9% stake sale in HDFC Life to JV partner

HDFC completes 9% stake sale in HDFC Life to JV partner

 HDFC has completed 9 percent stake sale in HDFC Standard Life Insurance Company to its British joint venture partner Standard Life for a little over Rs 1,700 crore.

SBI, ICICI, PNB and others move to lending rates based on marginal cost

SBI, ICICI, PNB and others move to lending rates based on marginal cost

The new interest rates vary from 8.95 percent for overnight to 9.35 percent for three years, SBI said in a document posted on its website Thursday.

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HDFC Mutual Fund compensates investors of front-running losses

HDFC Mutual Fund compensates investors of front-running losses

Nearly nine years after a major front-running case at HDFC Mutual Fund, the leading fund house has begun compensating those investors who had suffered losses due to the manipulative activity of its then equities dealer

HDFC, ITC lead as top eight cos add Rs 21,296 crore in market valuation

HDFC, ITC lead as top eight cos add Rs 21,296 crore in market valuation

Eight of the top 10 most valued companies together added Rs 21,296 crore in market valuation during the past week, with HDFC and ITC walking away with the largest share of gains.

Mutual funds exposure in its debt instrument 3.9%: HDFC

Country's largest mortgage firm HDFC Ltd on Tuesday said mutual funds exposure in its debenture and commercial papers is 3.9 percent of total debt asset under management.

 

HDFC loans to get cheaper as bank cuts lending rate

HDFC loans to get cheaper as bank cuts lending rate

The reduction in base rate will bring down interest rate on all loans.  

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Chennai floods: HDFC to waive off penalty on EMI delay in November

This will be valid only for all loan applications submitted on or before December 31, 2015.

HDFC Q2 net profit up 2% at Rs 2,106 crore

HDFC Q2 net profit up 2% at Rs 2,106 crore

Top mortgage lender HDFC Ltd Monday reported a marginal rise in consolidated net profit to Rs 2,106.51 crore for the second quarter ended September 30, 2015-16.

Sensex dips 109 points as Airtel, HDFC Q2 numbers fail to inspire

Sensex dips 109 points as Airtel, HDFC Q2 numbers fail to inspire

Retreating from two-month highs, the benchmark BSE Sensex Monday ended 108.85 points lower at 27,361.96 despite positive Asian cues on the back of China's interest rate cut as subdued quarterly numbers by heavyweights Bharti Airtel and HDFC Ltd failed to cheer investors.

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Bank of Baroda scam: CBI, ED arrest six including HDFC official

Bank of Baroda scam: CBI, ED arrest six including HDFC official

CBI and Enforcement Directorate have arrested six persons including two officials of a Bank of Baroda branch here in connection with Rs 6,000 crore alleged illegal remittances to Hong Kong through the bank.

HDFC, Canara Bank, StanChart and others cut lending rate

HDFC, Canara Bank, StanChart and others cut lending rate

Country's largest mortgage lender HDFC and four other lenders, including Canara Bank and StanChart, cut their base rates by up to 0.25 percent, a move that will make home, auto and other loans cheaper.