ICICI Bank, Axis Bank, HDFC Bank to invest in Yes Bank; Cabinet approves restructuring scheme for crisis-hit lender

Kotak Mahindra Bank has also confirmed that it will invest Rs 500 crore in Yes Bank to acquire 50 crore shares.

Mar 13, 2020, 19:50 PM IST

HDFC Q3 net jumps 4 times high to Rs 8,372 cr on one-time gain

The revenue for the quarter was at Rs 20,285.47 crore, up from Rs 10,575.03 crore logged in Q3FY19. The NBFC extended loans totalling Rs 20,475.59 crore during the period under review, as compared to loans of Rs 11,284.96 crore during the year-ago period.

Jan 27, 2020, 23:26 PM IST

RBI fines HDFC Bank Rs 1 crore for violation of KYC norms

The fine pertains to submission of forged bill of entries (BoEs) by certain importers to HDFC Bank for remittance of foreign currency, the RBI said.

Jun 19, 2019, 10:45 AM IST

HDFC Bank to consider stock split later this month

Presently, one share of HDFC Bank has a face value of Rs 2. Its shares closed at Rs 2,328.40 apiece on the BSE, down 1.71 percent.

May 07, 2019, 09:34 AM IST

Tech snag has HDFC Bank pulling out its new mobile baking app

As an alternative, HDFC Bank said the affected customers will be able to use the old app from 1700 hrs Tuesday.

Dec 04, 2018, 17:50 PM IST

HDFC Bank launches new mobile banking app

It has simple, intuitive navigation and incorporates features such as biometric log in for enhanced security and access.

Nov 27, 2018, 15:47 PM IST

HDFC Bank net profit rises 21% to Rs 5,005.70 crore in Q2; income up 21% at Rs 28,215 crore

Total income for the quarter grew by 21.2 per cent to Rs 28,215.2 crore as against Rs 23,276.2 crore, the bank said in a regulatory filing.

Oct 20, 2018, 17:24 PM IST

HDFC Bank raises fixed deposit rates by up to 0.6%

The increase in fixed deposit rates is likely to put pressure on lending rate as well.

Aug 07, 2018, 09:52 AM IST

Students undergoing financial hurdles extended monetary support under educational crisis scholarship support

Under the scholarship, INR 10,000 as the annual fee and INR 25,000 (maximum) will be given to cover college or university fee to the selected student.

Jul 31, 2018, 17:37 PM IST

Cabinet clears HDFC Bank's proposal to raise Rs 24,000 crore via FDI

Currently, the FDI in the banks stands at 72.62 per cent.

Jun 13, 2018, 18:04 PM IST

Banks hike lending rates after RBI rate hike

Joining big banks, Indian Bank and Karur Vsya Bank informed the stock exchanges about hiking the MCLR by up to 10 basis points for different tenures.

Jun 07, 2018, 17:51 PM IST

WhatsApp leak: Sebi to soon take action against market operators

The companies may also face censure action by the market watchdog for alleged lapses in safeguard mechanism to check leak of unpublished price sensitive information (UPSI), including financial results before they were made public for all investors, regulatory sources said.

Jun 05, 2018, 16:52 PM IST

HDFC Bank customers can avail digital loan against mutual fund: Here's how to apply

It is open to all HDFC Bank customers holding assets in at least one of the ten mutual fund houses registered with the CAMS.

May 23, 2018, 16:46 PM IST

HDFC Bank hikes interest on fixed deposit rates

The bank has raised deposits rates by 10 basis points to 6.85 percent for deposits under Rs 1 crore.

Apr 26, 2018, 14:31 PM IST

RBI likely to keep repo rate unchanged in first bi-monthly monetary policy for FY19

The Central Bank is set to announce its monetary policy at 2.30 pm on Thursday.

Apr 05, 2018, 10:12 AM IST

RBI likely to keep repo rate unchanged in upcoming policy review: HDFC Bank

RBI is set to announce its monetary policy on April 5.

Apr 03, 2018, 14:37 PM IST

Spikes at HDFC branch spark social media furore, bank removes it on priority

Pictures of the HDFC bank spikes went viral after a journalist tweeted some photos, showing the dangerous iron spikes.

Mar 27, 2018, 08:18 AM IST

WhatsApp leak case: HDFC Bank says committed to highest standards of corporate governance

Last week, Sebi had directed the private lender to submit a detailed report on the chronology of events and persons involved in the leakage of financial results.

Feb 26, 2018, 21:53 PM IST

HDFC Bank to raise up to Rs 24,000 crore

HDFC Bank will seek approval of its shareholders in an extraordinary general meeting of the bank on January 19, 2018.

Dec 20, 2017, 14:52 PM IST

These tax saving funds will give you handsome returns in 5 years

Fund manager looks for scalable businesses with a high return on capital and structural growth.

Dec 12, 2017, 11:23 AM IST