Published By: Mohammad Haris Last Updated: September 29, 2024, 11:32 IST Last week, the BSE benchmark Sensex jumped 1,027.54 points or 1.21 per cent. In the chart of the most valued firms, Reliance Industries retained the highest ranking, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC…
HDFC Bank has sold a housing loan portfolio of about Rs 6,000 crore ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry.The portfolio was sold to about half a dozen state-controlled banks through private deals, according to people familiar with the matter, who asked not to be identified as…
HDFC Bank Ltd., India’s largest private sector lender, is in talks with several global banks to offload as much as 84 billion rupees ($1 billion) in loans to reduce its credit book and bring it more in line with deposits, according to people familiar with the matter.Discussions are ongoing with banks including Barclays Plc, Citigroup…
HDFC Bank has kept MCLR unchanged for tenures other than three months. HDFC Bank has changed interest rates on just one tenure, on 3-month MCLR, raising it by 5 basis points, while keeping it unchanged for other tenures. HDFC Bank, India’s largest private sector bank, has revised its Marginal Cost of Lending Rate (MCLR), with…
Reported By: Mohammad Haris Last Updated: September 06, 2024, 17:50 IST HDFC Bank Vs ICICI Bank Vs Axis Bank FD Interest Rates. Here’s the comparison of the current fixed deposit (FD) interest rates offered by three large banks HDFC Bank, ICICI Bank, and Axis Bank on deposits below Rs 3 crore. HDFC Bank Vs ICICI…
NEW DELHI: Indian consumers demonstrated a significant increase in their credit card spending in July this year, marking a 19 per cent increase as compared to the same month last year.According to a report released by SBI Securities, the total expenditure by credit card users across the country reached an impressive Rs 1.7 trillion. This…
Last Updated: August 13, 2024, 10:52 IST MSCI August rejig: HDFC Bank dips 3% on lower than expected weight increase The Foreign Inclusion Factor (FIF) in MSCI indices represents the proportion of shares available to international investors in public equity markets HDFC Bank share price today dipped 3 per cent to Rs 1,614.55 on the…
NEW DELHI: The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,66,954.07 crore last week, with Reliance Industries and Life Insurance Corporation of India emerging as the biggest laggards, in line with weak trend in equities. Last week, the BSE benchmark slumped 1,276.04 points or 1.57 per cent. The…
MUMBAI: HDFC Bank MD & CEO Sashidhar Jagdishan said that the banking landscape had changed dramatically after the lender decided to merge parent HDFC with itself in April 2022, but the bank was not apologetic about the decision.In a candid admission of how things have not gone according to plan because of the change in…
HDFC Bank will conduct essential system maintenance. HDFC Bank says to enhance banking experience, it will be conducting essential system maintenance on 04th August 2024 from 12:00 AM IST to 03:00 AM IST (180 minutes). Scheduled Downtime Alert: HDFC Bank has said its UPI services will remain unavailable on August 4 from 12 am to…
