hdfc bank - Latest News, Analysis, Opinion

The framework requires the RBI to disclose the names of banks designated as D-SIBs starting from 2015 and place these lenders in appropriate buckets depending upon their Systemic Importance Scores (SISs).

HDFC Bank Ties Up With IPPB To Deliver Banking Services In Semi-Urban, Rural Areas

HDFC Bank aims to further strengthen its financial inclusion drive by leveraging the robust and extensive distribution network of IPPB's 650 branches and over 136,000 banking access points across India.

HDFC Second Quarter Net Profit Rises 32% To Rs 3,780 Crore

Its total income during the July-September period of FY22 rose to Rs 12,226.39 crore, as against Rs 11,732.70 crore in the same period of FY21

CCI Approves HDFC Bank's Acquisition Of 4.99% Stake In HDFC ERGO General Insurance Co

"Commission approves acquisition of 4.99 percent of the outstanding equity share capital of HDFC ERGO General Insurance Company by HDFC Bank,"

HDFC Bank Announces Various Offers In Festive Treat 3.0

Raghav Aggarwal

Banking & Finance Banking

The offers range from cashback while shopping from e-commerce websites to low rates of interest on loans.

HDFC Bank To Hire 2,500 People In Next 6 Months, Aims To Double Rural Presence

Finance Minister Nirmala Sitharaman had voiced disappointment over banking reach and asked lenders to do more.

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.

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,"

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

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

Banking & Finance Banking

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

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.

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

HDFC Bank Joins Hand With Paytm To Deliver Financial Solutions

Abhishek Sharma

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).

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