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Latest Articles in hdfc bank

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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HDFC Posts Q1 Net Profit At Rs 3,001 Cr; NII Up 22 %

The lender had reported a healthy 22 per cent growth in its net interest income (NII) at Rs 4,147 crore from Rs 3,392 crore in the year-ago period

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HDFC Consolidated Net Profit Jumps 31 % To Rs 5,311 Cr In Jun Qtr

Total income during Q1FY22 rose to Rs 30,997 crore from Rs 29,959 crore in Q1FY21.

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Six Of Top-10 Firms Lose Rs 96,642 Cr In Valuation Last Week

The valuation of Kotak Mahindra Bank plunged Rs 13,511.93 crore to Rs 3,28,122.93 crore and that of HDFC Bank by Rs 8,653.09 crore to reach Rs 7,88,769.58 crore.

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Mutual Funds' Penetration Remains Extremely Low In India: HDFC AMC's Munot

Stressing on HDFC AMC's fiduciary duty to its customers, Munot said transparency and good governance are the key pillars in upholding the highest standards of fiduciary responsibilities.

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Mcap Of 6 Of Top-10 Firms Erode By Rs 76,640.54 Cr; HDFC Bank Biggest Laggard

HDFC's market valuation plunged Rs 9,543.39 crore to Rs 4,48,566.27 crore and that of Kotak Mahindra Bank dipped Rs 5,392.88 crore to Rs 3,41,634.86 crore.

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ICICI Bank Ups Ante In Credit Card Space With Fuel Discount Offering

HDFC Bank's outstanding credit cards decreased to 1,48,58,375 as of May 2021 from 1,53,86,822 in November 2020, while the same number for ICICI Bank has increased to 1,08,73,007 from 97,10,535

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HDFC Bank Shares Tumble Over 3 % After Q1 Earnings

HDFC Bank's consolidated net profit for the June quarter increased 14 per cent to Rs 7,922 crore, but the largest private sector lender reported reverses because of the second wave of the pandemic which compressed its growth.

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Complied With 85% Of Asks On Tech, Ball In RBI Court For Lifting Ban: HDFC Bank

HDFC Bank was asked to pay a fine of Rs 10 crore earlier this year by the RBI for deficiencies in the auto loans vertical where GSP units were bundled with loan sales.

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HDFC Bank Q1 Net Profit Jumps 14.36% To Rs 7,922 Crore

The June quarter profit has declined when compared with the preceding March quarter's Rs 8,433.78 crore, as per bank's regulatory filings.

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HDFC AMC Q1 Profit After Tax Rises 14 Pc To Rs 345.45 Cr

The asset management firm had posted a profit after tax (PAT) of Rs 302.36 crore in the same quarter preceding fiscal, HDFC AMC said in a regulatory filing to the stock exchanges.

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Fresh Card Issuance By 5 Pvt Banks To Be Impacted Due To Ban On Mastercard By RBI: Report

The issuance of new cards through another payment gateway would take 2-3 months because it involves technology integration and other modalities.

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