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Latest Articles in hdfc bank
NCLT Approves Merger of HDFC And HDFC Bank
On 4 April 2022, HDFC Bank agreed to take charge of HDFC in a deal worth USD 40 billion. The combined asset base is predicted to be around Rs 18 lakh crore
Read MoreHDFC-HDFC Bank Merger Gets Shareholders' Approval
The merger has been approved by shareholders with an overwhelming majority and no objections were received, the counsel of the companies informed NCLT
Read MoreHDFC Bank Raises $750 Mn By Issuing Senior Unsecured Bonds
The issue has been rated Baa3 by Moody’s Rating Services and BBB- by S&P
Read MoreStepping Up For 5G
While there were many use cases showcased at the launch, a lot of this talk was pointed at the 5G benefits that would be realized for the common man
Read MoreCreating Value
In his address to the shareholders, Jagdishan explained the rationale behind the merger of HDFC Bank with HDFC. "Quite simply, this is an opportunity we cannot afford to miss. Home loans are an emotional product and bring with them a host of accelerated benefits for the Bank," he said
Read MoreHDFC Bank Q3 FY23 Net Profit Rises 18% YoY To Rs 12,259 Cr
The lender’s net interest income in the quarter gone by increased nearly 25 per cent YoY to Rs 22,988 crore
Read MoreCrafting Better Customer Journeys Through Digital Banking
Delivering digital banking services to its customers’ fingertips comes with its own challenges and the banks have had to address them to keep up with the times and competition from the fintechs
Read MoreICICI, SBI, And HDFC Remain Domestic Systemically Important Banks Says RBI
The RBI had announced SBI and ICICI Bank as D-SIBs in 2015 and 2016. Based on data collected from banks as on March 31, 2017, HDFC Bank was also classified as a D-SIB, along with SBI and ICICI Bank.
Read MoreHDFC Bank Acquires 7.75% Stake In Mintoak
The deal is likely to be completed by 31 January 2023, subject to conditions precedent
Read MoreHDFC Mutual Fund Launches HDFC Business Cycle Fund NFO
The captioned NFO opens on November 11, 2022, and closes on November 25, 2022
Read MoreHDFC Bank Hikes Its MCLR By 10 Basis Points From Today
The bank said that for a period of one month, three months and six months, the MCLR rates will be 7.90 per cent, 7.95 per cent and 8.05 per cent respectively
Read MoreHDFC Intends To Raise Rs 10,000 Cr
High residential sales are boosting demand for home loans, which is being met by India's largest mortgage lender, HDFC
Read MoreHDFC Bank To Acquire Nearly 10% Stake In Go Digit Life Insurance
Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of the customers
Read MoreAnti-Trust Body Nod For Merger Of HDFC Bank, HDFC Ltd
The proposed combination envisages the merger of HDFC Investments and HDFC Holdings with HDFC Ltd in the first step and subsequently, the merger of HDFC Ltd into HDFC Bank.
Read MoreHDFC Receives Approval From National Housing For Its Merger With Subsidiary Bank
The orgabisation received approval from the Reserve Bank, Sebi and the stock exchanges for the proposed merger between HDFC and HDFC Bank.
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