HDFC
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Bagchi is currently the MD and CEO of ICICI Prudential Life Insurance.
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The board approved the proposal at its meeting on Saturday based on the recommendations of its Governance, Nomination and Remuneration Committee and in accordance with the Banking Regulation Act and RBI’s Commercial Banks - Governance Directions, 2025.
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The private sector lender said in a regulatory filing that the appointment has been approved by the RBI under Section 10B(1A)(i) of the Banking Regulation Act, 1949. The approval follows the bank's application to the central bank and an earlier disclosure made on June 29.
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It must be noted that HDFC FCNR deposit booked for 3 to 5 years tenure will have a lockin period of 1 year. This will be applicable to deposit booked between June 10, 2026 to September 30, 2026.
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Fixed Deposits (FD) are counted among the most popular and safest investment options in India. Banks periodically revise their FD rates in response to inflation or credit demand and changes in the RBI's repo rate.
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The clarification came after reports alleged that the bank’s Audit Committee of the Board (ACB) had ordered a formal internal vigilance investigation into payments worth Rs 45 crore made to the Maharashtra State Road Development Corporation (MSRDC) during FY2024 and FY2025.
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A newspaper report has claimed that HDFC Bank’s Audit Committee of the Board (ACB) on March 12 ordered a formal internal vigilance investigation into payments worth Rs 45 crore made to the Maharashtra State Road Development Corporation (MSRDC) during FY2024 and FY2025.
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Global banking leadership looks very different depending on how you measure it. While American banks like JPMorgan dominate in market value and profitability, China’s state-owned lenders lead by sheer size, controlling the world’s largest balance sheets. India’s top banks, led by HDFC Bank and SBI, are growing steadily but remain far smaller on the global stage. The contrast highlights deeper differences in how major economies structure and deploy their financial systems.
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Check list of 9 banks offering high fixed deposit rates in 2026 for senior citizens.
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Major banks -- HDFC Bank,Punjab National Bank (PNB) and Bandhan Bank have announced rule changes related to ATM withdrawals from 1 April 2026.
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Here are 10 major financial changes that will take place from January 2026. Know how your personal and family budget will be impacted by it.
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Speaking to ANI, Munot emphasised that the government has consistently focused on increasing capital expenditure, particularly in areas such as physical, social, and digital infrastructure, which has laid a strong foundation for long-term growth.
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HDFC Imperia customers can avail personalized attention from a dedicated imperia client relationship managers that take care of your banking, borrowing or investment.
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Minimum Balance Rule In Bank's Saving Accounts: The minimum balance is the smallest amount you need to keep in your savings account to avoid penalties from the bank. Each bank has different rules depending on the type of account and where the branch is located. Usually, branches in metro and urban areas require a higher minimum balance than those in semi-urban, rural, or Rural Financial Inclusion (Rural FI) areas.
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HDFC Bank announced an issuance of the first-ever bonus shares in the proportion of 1:1 which means one equity share for every 1 fully paid-up equity share, each held by the members of the bank as on the record date of August 27.
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Credit Card Rule Change July 2025: From rewards program to GST charges to gaming transaction fee --several several credit card issuers like SBI, HDFC Bank and American Express have announced changes to their credit cardeffective from July 2025. Find out what is changing.
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After the rate cut, HDFC Bank now offers FD interest rates between 2.75 percent and 6.15 percent for regular customers, while senior citizens can earn between 3.25 percent and 6.65 percent.
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HDFC Bank customers must know about the new rules that the bank has announced for itscredit card holders. While some rules will be in place from 10 June 2025, some will kick in from 1 July 2025.Here are the changes announced by HDFC Bank.
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HDFC Net Profit In Q4: The record date for the dividend is June 27. The Bank's average deposits were Rs 25,280 billion for the March quarter, a growth of 15.8 per cent over Rs 21,836 billion for the March 2024 quarter.
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RBI Repo Rate: Meanwhile, private sector major HDFC Bank has lowered interest rate on savings accounts by 25 basis points to 2.75 per cent which is the lowest among peers in the private sector.
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Several top banks have announced changes in their savings rate, FD interest among other revisions post the RBI Monetary Policy in April 2025.
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Check list of banks offering lucrative interest on Fixed Deposit schemes that is valid upto 31 March 2025.
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