Last Updated: Wednesday, June 25, 2014, 22:43
The bank is planning to open 300-400 ATMs and branches each.
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.
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.
Last Updated: Wednesday, May 28, 2014, 22:50
Amidst uncertainties over the HDFC Bank FDI proposal, the private sector bank managing director Aditya Puri on Wednesday said the government is yet to decide on the issue.
Last Updated: Friday, May 23, 2014, 15:58
HDFC Bank's proposal for increasing foreign holding in the bank to 67.55 percent from 49 percent was first listed on the agenda of the FIPB in November 2013.
Last Updated: Tuesday, May 20, 2014, 16:32
The existing market capitalisation of bank is about Rs 1.96 lakh crore.
Last Updated: Tuesday, May 06, 2014, 15:06
Mortgage major HDFC on Tuesday reported an 11 percent increase in standalone net profit to Rs 1,723.1 crore in the three months ended March on a 26 percent growth in retail loans.
Last Updated: Sunday, May 04, 2014, 21:18
Sources said the proposal would come up before the FIPB after a meeting of the Department of Economic Affairs (DEA) and the Department of Industrial Policy and Promotion (DIPP) likely next week.
Last Updated: Tuesday, April 29, 2014, 22:02
The FIPB is likely to reject HDFC Bank proposal to allow further foreign holding as it would cross the 74 percent sectoral ceiling, officials sources said.
Last Updated: Tuesday, April 29, 2014, 00:05
According to sources, if the proposal of the bank to raise foreign investment to 67.55 percent is accepted, it would exceed the cap of 74 percent, after taking into account parent HDFC Ltd's stake.
Last Updated: Wednesday, April 23, 2014, 20:36
HDFC Bank had approached the Foreign Investment Promotion Board (FIPB) in the latter half of 2013 to increase the foreign holding in the bank to 67.55 percent from 49 percent.
Last Updated: Tuesday, April 22, 2014, 20:44
HDFC Bank is unlikely to get FIPB approval for its proposal to raise the overseas shareholding limit as it might breach the sectoral FDI cap.
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