In August, the RBI launched the portal to assist the public in searching for their unclaimed deposits across banks in one location
car loans, car loan rates, car loan financing, SBI car loans, HDFC car loans, ICICI Bank car loans
The bank's retail loan book surged 85 per cent over the previous quarter and 111.5 per cent over the same period year ago
Closing Bell on October 4, 2023: Nestle India, HDFC Bank, HUL, Infosys, and TCS rallied between 0.6 per cent and 3 per cent. Axis Bank was the biggest laggard, down 5 per cent
Arvind Kapil to head mortgages; To have two branching heads
Ample room for FPI investment, fundamental headwinds drive premiums down
HDFC agreed last April to acquire the country's largest mortgage lender in a deal valued at about $60 billion to ride a boom in home loans and consumer spending
The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or 2.69 per cent, and the Nifty declined 518.1 points or 2.56 per cent. Equity markets were closed on Tuesday on account of Ganesh Chaturthi. From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were the laggards while Tata Consultancy Services (TCS) and Hindustan Unilever were the gainers. The market valuation of HDFC Bank plummeted by Rs 99,835.27 crore to Rs 11,59,154.60 crore. Shares of the company fell by nearly 8 per cent last week. The valuation of Reliance Industries plunged Rs 71,715.6 crore to Rs 15,92,661.42 crore. The company's shares declined over 4 per cent past week. ICICI Bank's valuation dropped Rs 29,41
Industry estimates indicate that the MSME sector has an overall credit demand of Rs 69.3 trn, growing at a CAGR of 11.5%
Crude oil prices, valuation concern trigger biggest fall in 2 months
HDFC Bank said the gross non-performing asset ratio has increased to 1.4% from 1 July, following the merger, as compared to 1.2% of HDFC Bank's as of end of the first quarter
Shares of HDFC Bank and Reliance Industries declined 4 per cent and 2.23 per cent, respectively, on Wednesday, September 20
Shares of HDFC Bank tumbled 3.7 per cent on the National Stock Exchange (NSE) on Wednesday after the pro-forma financials of the merged entity highlighted higher than expected hit on net worth
UPI 123Pay makes it possible for anyone in India, regardless of their phone type, to effortlessly make payments using a simple phone call, without requiring internet connectivity or a smartphone.
Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing
Largecaps are trading at a valuation discount to mid and smallcap stocks and this has made them attractive
In March 2023, HDFC Bank board had recommended the re-appointment of Jagdishan for a period of three years
Sashidhar Jagdishan has been re-appointed for three years, commencing on from October 27 to October 26, 2026
HDFC Bank, Reliance Industries, ICICI Bank, Infosys and ITC collectively hold over 42 per cent weightage on the Nifty 50, and are expected to act as trend setters for the benchmark.
Leading private lender HDFC Bank entered into a co-lending partnership with CreditWise Capital (CWC) for extending two-wheeler loans. CWC said in a statement on Friday that by virtue of the co-lending agreement, loans for two-wheelers will be available in Tier 2, 3 and 4 towns of the country. Founder and director of CWC Aalesh Avlani said that the agreement signifies a paradigm shift in the lending landscape. The partnership combines the strength of HDFC Bank's expertise in offering credit facility and CWC's loan processing platform for assessing potential borrowers and also their credit profile. Prashant Patel, executive VP, Capital and commodity markets, HDFC Bank, said "The collaboration with CWC aligns with our vision of expanding the reach and to cater to the evolving needs of our customers".