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Latest Articles in hdfc bank

HDFC Bank, Paytm To Ramp Up Credit Card Issuance Under New Pact

The credit cards will be powered by Visa and will include offerings targeted at millennials, business owners and merchants.

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HDFC Bank Signs Pact With NSIC To Provide Credit Support To MSMEs

"HDFC Bank has signed a memorandum of understanding with National Small Industries Corporation to offer credit support to MSMEs across the country,"

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HDFC Life To Acquire Exide Life Insurance For Rs 6,687 Cr

HDFC Life will acquire 100 per cent stake in Exide Life Insurance from Exide Industries via issuance of 8,70,22,222 shares at an issue price of Rs 685 per share and a cash payout of Rs 726 crore aggregating to Rs 6,687 crore

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HDFC Bank Lists $1 Billion AT-1 Bonds On IFSC Exchanges

The lender managed to get final pricing of 3.7 percent on the coupon as against the initial guidance of 4.125 percent.

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HDFC Bank Divests Over 2% Stake In CDSL For Rs 223cr

The bank sold 20,36,000 shares (1.95 per cent) of CDSL at an average price of Rs 937.46 per piece on June 22. On August 23, it sold 2,13,481 shares at Rs 1,168.94 apiece and on August 24, it sold 61,519 shares for Rs 1,119.31 apiece.

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HDFC Bank Outlines Aggressive Play In Credit Cards To Regain Lost Mkt Share In A Year

HDFC Bank has set specific milestones for itself, which will include ramping up monthly card issuances to the November 2020 level of 3 lakh in up to three months, and going up further two 5 lakh a month in another two quarters

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HDFC Bank Joins Hand With Paytm To Deliver Financial Solutions

As per the official statement, Paytm it has has with 333 million users and 21 million merchants onboard. While talking about the HDFC Bank, it has over 50 million card customers (both credit and debit cards).

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HDFC Bank Aims To Regain Lost Market Share In 1 Yr After RBI Lifts Credit Card Ban

The bank will depend on its internal set of customers to grow the number of cards and is also looking at partnering with key players like Paytm announced earlier in the day, to increase its sourcing.

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Paytm And HDFC Bank Announce Strategic Partnership

HDFC Bank SmartHub solutions is an integrated platform offering merchants a one-stop solution shop for all their business needs-payments, banking, lending and segment-specific business solutions.

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Rupee Declines By 15 paise to 74.39 On Heavy Dollar Demand

Analysts said concerns over earlier than expected tapering of asset purchase by the US Federal Reserve and Delta variant hurting the global economy reduced the appeal of riskier assets like emerging currencies.

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HDFC Bank Raises $1 Billion In Maiden AT1 Bond Issue

The largest private sector lender managed to get final pricing of 3.7 percent on the coupon as against initial guidance of 4.125 percent, while the final subscriptions stood at $3.2 billion, arrangers to the issue said.

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RBI Relaxation On Credit Card Ban: MD Says HDFC Bank Will Be Aggressive To Win Lost Mkt Share

Conceding that the bank has lost customer market share in the over nine months of the ban, Jagdishan said it will go aggressively to the market with its existing products and also launch new ones in the form of co-brands and partnerships.

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RBI Partially Lifts Ban On HDFC Bank, Allows It To Sell New Credit Cards

However, the ban on launching new technology initiatives remains, the sources said.

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HDFC Bank To Hire 500 More To Expand MSME Coverage

The bank's MSME vertical covers 545 districts now with dedicated relationship managers and supervisors, which will be expanded to 575 districts or more by the end of this fiscal.

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Actions Against HDFC Bank, Mastercard Driven By Keenness To Ensure Compliance Of Norms: Das

The actions in many of the cases have been unprecedented and have been continuing for months together, resulting in the loss of market shares that will haunt in the future.

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