hdfc bank - Latest News, Analysis, Opinion

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.

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

Banking & Finance

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

RBI's Current Account Circular Helps Large Lenders Gain Corporate Banking Market Share: Report

The RBI had come up with the circular that specified which bank can open a current account for a borrower, in order to check any misuse through multiple current accounts.

HDFC Bank's CSR Spends Grow 18 % To Rs 635 Cr In FY21

The 18.06 per cent growth in its corporate social responsibility (CSR) spends was faster than the 16.80 per cent jump in its consolidated net profit.

RBI Ban On New Credit Cards Sale Hit Mkt Share; Will Come Back With A Bang Once Embargo Lifted: HDFC Bank

The 'large sales force' has been trained, re-skilled and primed for the aggressive play ahead and backend processes for them have also been made more streamlined

Mcap Of 6 Of Top 10 Firms Soars Over Rs 1.11 Lakh Cr; TCS, Infosys Lead Gainers

The market valuation of HDFC Bank jumped Rs 19,838.88 crore to Rs 8,36,426.69 crore and that of State Bank of India by Rs 14,234.76 crore to Rs 3,82,642.72 crore.

Customer Retention Challenging For Housing Finance Firms; Regulatory Tweaks Needed, Says HDFC's Parekh

Banking & Finance Banking

Pointing out that non-banking financial companies (NBFCs), including HFCs, have been following the Indian Accounting Standards (IndAS), which are still not aligned with the prudential guidelines, he said this results in differences in opinions between inspection teams

HDFC Life Announces Rs 2,180-Cr Bonus For Participating Insurance Plan Subscribers

Out of the total amount, Rs 1,438 crore will be payable to policies in this financial year as bonus on maturing policies or as cash bonuses, said the insurer.

HDFC Bank, HDFC Securities To Pick Up Stake In Borderless Softtech

Banking & Finance Banking

The acquisition will happen at a cash consideration of Rs 49,99,392 by HDFC Bank and Rs 6,41,19,617 by HDFC Securities.

HDFC Bank Sells CDSL Shares Worth Rs 185 Cr

Banking & Finance Banking

PPFAS Mutual Fund lapped up 15,90,764 shares of the depository at an average price of Rs 937.34 aggregating the transaction size to Rs 149.10 crore.

HDFC Bank To Buy Stake Worth Over Rs 1,906 Cr In Group's General Insurer From Parent HDFC

Banking & Finance

The purchase is to happen at a price determined on an independent evaluation report, subject to receipt of necessary approvals including regulatory approvals and approval from shareholders of the bank

HDFC Bank Board Declares Dividend Of Rs 6.50 Per Share For FY21

Banks with asset size of Rs 15,000 crore and more at the end of a previous year, need to appoint minimum two joint statutory auditors.

Auto Loans Mis-Selling: HDFC Bank To Refund GPS Commissions