Q3 results of HDFC, ICICI Bank and Bharti Airtel to steer market
Q3 results of HDFC, ICICI Bank and Bharti Airtel to steer market

The next set of quarterly results from blue-chips like HDFC Bank, ICICI Bank and Bharti Airtel and the trend at global indices will be the key driving forces for the stock market in a holiday-shortened week ahead.

S&P lowers rating of bonds issued by ICICI, HDFC Bank in Yuan

The rating has been lowered from 'cnA-' to 'cnBBB+' , Standard and Poor's said in a statement.

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.  

TCS biggest wealth creators during 2010-15, RIL the least: Study
TCS biggest wealth creators during 2010-15, RIL the least: Study

Software major Tata Consultancy Services (TCS) emerged as the biggest wealth creator in the past five years, while MMTC and Reliance Industries topped the list of companies where investors lost the most, says a study.

HDFC to raise $750 mn via Masala bonds

In a first by any private sector Indian company, country's largest mortgage lender HDFC will issue USD 750 million rupee-denominated bonds, also known as 'Masala' bonds, to overseas investors to improve financing prospects for domestic infrastructure projects.

HDFC Bank ranked 27th safest bank globally by 'The Banker'
HDFC Bank ranked 27th safest bank globally by 'The Banker'

The bank has been ranked 27th globally among 250 banks and stood at number 6 in Asia Pacific region, a statement said.

HDFC Bank net profit up 20.5% on hight retail loans, other income
HDFC Bank net profit up 20.5% on hight retail loans, other income

Country's second largest private sector lender HDFC Bank Wednesday reported a 20.5 percent jump in net profit to Rs 2,869.5 crore in the three months to September, helped by rise in other income and robust performance in retail loans segment.

Next batch of quarterly earnings to dictate stock markets trend
Next batch of quarterly earnings to dictate stock markets trend

Second quarter earnings from bluechips like HDFC Bank, Wipro and Bajaj Auto would dictate the trend in equity markets in the holiday-shortened week ahead, say experts.

Soon, get a spot approval for personal loans on HDFC ATMs
Soon, get a spot approval for personal loans on HDFC ATMs

HDFC Bank's existing customers will soon be able to get a spot approval for personal loan on the Banks ATM

Bank of Baroda scam: HDFC says fully cooperating with probe agency
Bank of Baroda scam: HDFC says fully cooperating with probe agency

HDFC Bank, whose one employee has been arrested in the alleged Bank of Baroda Rs 6,000-crore illegal remittances case, Wednesday said it is examining the matter internally and cooperating with investigation authorities.

Bank of Baroda laundering case: HDFC Bank's official among 4 arrested by ED
Bank of Baroda laundering case: HDFC Bank's official among 4 arrested by ED

All the accused, ED sources said, were alleged middlemen for at least 15 fake companies, out of the total 59 which were involved in the perpetrating of the economic crime unearthed recently and also being probed by the CBI.

 

HDFC slashes lending rate by 0.25%

HDFC, country's largest mortgage lender, Monday cut benchmark lending rate on housing loans by 0.25 percent to 9.65 percent, a move which will lower the EMI for borrowers.

HDFC shares gain 5% on fund raising

Shares of mortgage lender HDFC Monday rose 5 percent after the company raised about Rs 10,000 crore through mix of warrants and non-convertible debentures to qualified institutional investors.

Infosys topples HDFC Bank as 3rd most valued company in market value
Infosys topples HDFC Bank as 3rd most valued company in market value

IT major Infosys has surpassed private sector lender HDFC Bank, becoming the third most valued Indian firm in terms of market valuation, with TCS leading the top 10 companies chart, followed by RIL.

Axis Bank rules out cut in base rate for next two months
Axis Bank rules out cut in base rate for next two months

Even as its larger rival HDFC Bank cut base rate by a sharp 35 basis points to 9.35 percent late last month, the third-largest private sector lender Axis Bank Friday ruled out any immediate reduction in its loan pricing.

Loans to be cheaper as HDFC Bank, Canara cut lending rate

Starting a fresh round of rate cuts after repeated calls from RBI, private lender HDFC Bank and state-run Canara Bank Monday lowered their lending rates by up to 0.35 percent, a move that will make home and other loans cheaper for consumers.

HDFC Bank cuts base rate by 0.35% to 9.35%; lowest in industry

After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank Monday lowered its base lending rate by 0.35 to 9.35 -- the lowest in the industry.

HDFC Bank slashes base rate by 0.35%, loans to be cheaper

Private sector HDFC Bank on Monday cut the base rate by 0.35 percent to 9.35 percent from the existing 9.70 percent, thereby making loans from the bank cheaper.

HDFC Bank says not interested to enter Ahmedabad IFC

Even as its peers make a beeline to open shop at the GIFT City, the country's second-largest lender HDFC Bank has said it is not keen to have a presence in the country's first international finance centre in Ahmedabad.

Banks ask RBI to reduce asset risk weights to global levels

Lenders have asked the Reserve Bank to reduce the risk weights on assets while allocating capital down to being at par with the global level, a top banker said Thursday.