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FIPB may take up HDFC Bank's FDI proposal in next meeting

FIPB may take up HDFC Bank's FDI proposal in next meeting

Last Updated: Tuesday, August 19, 2014, 16:58

The controversial proposal of HDFC Bank to hike foreign holding may be taken up by the Foreign Investment Promotion Board (FIPB) in the next meeting following clarifications submitted by the bank.

HDFC Bank opens branch in Dubai

HDFC Bank opens branch in Dubai

Last Updated: Monday, August 18, 2014, 18:16

Expanding its global footprint, HDFC Bank has opened a branch in Dubai to provide wealth management services to large Indian diaspora in the Gulf city.

Nifty hits record high on reform hopes

Last Updated: Thursday, July 24, 2014, 17:06

The Nifty rose to a record high for a second straight session on Thursday after cabinet approval for a higher foreign direct investment limit in insurance and a rejig in foreign debt limits reinforced optimism about the government`s reform agenda.

HDFC group says yet to consider merger plan

Last Updated: Monday, July 21, 2014, 22:28

HDFC chairman Deepak Parekh Monday termed as premature the speculation about a merger between the mortgage major and its banking arm HDFC Bank but said that the entities may look at the possibility if it is a "win-win" situation.

HDFC Bank posts lowest profit growth in over 10 years

Last Updated: Monday, July 21, 2014, 20:28

HDFC Bank today reported its lowest profit growth of 21.1 percent in over 10 years in the first quarter of this fiscal as net interest margin dropped slightly.

HDFC Bank Q1 net profit up 21%, lowest in over 10 years

Last Updated: Monday, July 21, 2014, 12:47

HDFC Bank Monday reported its lowest profit growth of 21.1 percent in over 10 years in the first quarter of this fiscal as net interest margin dropped slightly.

HDFC Bank's Q1 net profit rises 21%

Last Updated: Monday, July 21, 2014, 11:54

The bank reported a net profit of Rs 2,233 crore for the quarter ending June 30 2014.

Bajaj Fin to exit construction equipment finance biz

Last Updated: Sunday, July 20, 2014, 14:40

Bajaj Finance has decided to walk out of the construction equipment (CE) financing business due to muted profitability prospects, a top official has said.

HDFC Securities launches 'e-Will' writing service

Last Updated: Sunday, July 20, 2014, 11:56

HDFC Securities, a subsidiary of HDFC Bank, has collaborated with a partner Legal Jini to offer this service.

Well-capitalised, more fund raising depends on growth:HDFC Bank

Last Updated: Wednesday, June 25, 2014, 22:43

The bank is planning to open 300-400 ATMs and branches each.

ICICI Bank overtakes HDFC Bank as top private bank employer

Last Updated: Sunday, June 08, 2014, 15:23

These five lenders - ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank - saw their employee strength rise by over 20,000 in 2013-14.

HDFC Bank gains; MSCI changes become effective

Last Updated: Monday, June 02, 2014, 11:40

Shares in HDFC Bank gain 1.2 percent, while Hindustan Unilever falls 2.2 percent, as changes by MSCI to its global indices became effective after the close of markets on Friday.