HDFC Bank Archives - News Portal

Markets trade higher in early trade; Nifty tests 17k level

March 29, 2023March 29, 2023cpooldigitalLeave a Comment

File image. | Photo Credit: PTI Benchmark indices were trading in the positive territory in early trade on March 29 amid fresh foreign fund inflows and buying in HDFC twins. The 30-share BSE Sensex advanced 218.68 points to 57,832.40 in initial trade. The broader NSE Nifty climbed 71.5 points to 17,023.20. Among the Sensex firms, […]

Sensex, Nifty rise in early trade

March 27, 2023March 27, 2023cpooldigitalLeave a Comment

Equity benchmark indices climbed in early trade on Monday, mainly on account of buying in index majors Reliance Industries and HDFC Bank as well as positive sentiments in the U.S. market. | Photo Credit: PAUL NORONHA Equity benchmark indices climbed in early trade on Monday, mainly on account of buying in index majors Reliance Industries […]

HDFC Bank, Lulu Exchange ink deal to enhance cross-border payments between India-Gulf region

February 22, 2023February 24, 2023cpooldigitalLeave a Comment

Image for representation | Photo Credit: Reuters Private sector bank HDFC Bank and UAE-based Lulu Exchange have signed an MoU to strengthen cross-border payments between India and the Gulf Cooperation Council (GCC) region. In the first phase of the partnership, Lulu Exchange’s expertise and regulatory framework would be utilised to launch a digital inward remittance […]

HDFC gets NHB nod for proposed merger with subsidiary bank

August 9, 2022August 9, 2022cpooldigitalLeave a Comment

The NHB has also approved the merger of two wholly-owned subsidiaries—HDFC Investments and HDFC Holdings Limited—of the housing finance company with HDFC The NHB has also approved the merger of two wholly-owned subsidiaries—HDFC Investments and HDFC Holdings Limited—of the housing finance company with HDFC Mortgage major HDFC has received approval from the National Housing Bank […]

HDFC Bank Q1 net profit jumps 21% to ₹9,579 crore

July 16, 2022July 16, 2022cpooldigitalLeave a Comment

IHDFC Bank’s total income came in at ₹41,560 crore on a standalone basis, as compared to ₹36,771 crore in the year-ago period IHDFC Bank’s total income came in at ₹41,560 crore on a standalone basis, as compared to ₹36,771 crore in the year-ago period HDFC Bank on July 16 reported a 20.91% jump in its […]

PFRDA gives nod to HDFC, HDFC Bank merger proposal

July 16, 2022July 16, 2022cpooldigitalLeave a Comment

The proposed merger has already got approval from both stock exchanges — BSE and NSE and Reserve Bank of India The proposed merger has already got approval from both stock exchanges — BSE and NSE and Reserve Bank of India HDFC Bank on July 15 said it has received pension fund regulator PFRDA nod for […]

RBI gives green signal to HDFC, HDFC Bank merger proposal

July 5, 2022July 5, 2022cpooldigitalLeave a Comment

Earlier this week, the proposed merger got approval from both stock exchanges — BSE and NSE Earlier this week, the proposed merger got approval from both stock exchanges — BSE and NSE HDFC Bank on July 4 said it has got banking sector regulator RBI’s nod for the merger proposal of its parent HDFC Ltd […]

HDFC Bank hikes lending rates by 0.35%; 2nd hike in two months

June 7, 2022June 7, 2022cpooldigitalLeave a Comment

The country’s largest private sector lender HDFC Bank on Tuesday announced a 0.35% hike in lending rate. The hike, which comes a day ahead of the RBI’s scheduled policy review, is the second such move from the lender in as many months, taking the cumulative hike to up to 0.60%. The RBI had surprised all […]