HDFC Bank's net profit up 37 percent in Q4
Private sector bank HDFC Bank announced on Saturday its net profit jumped by 37.1 percent to touch Rs 16,511.85 crore for fourth quarter (January-March) of FY2023-24.
Mumbai: Last week, IT giant Tata Consultancy Services (TCS) launched the fourth-quarter earnings season with results that surpassed expectations and impressive operating margins.
HDFC Bank and Yes Bank file third-party application provider request for Paytm UPI business
Mumbai: One97 Communications, the operator of the Paytm brand, along with private sector banks HDFC Bank and Yes Bank jointly submitted an application to become a third-party application provider (TPAP) for the Unified Payments Interface (UPI) mobile payments platform under the National Payments Corporation of India (NPCI).
HDFC Bank raises $ 300 million through maiden Sustainable Finance Bond Issue
HDFC Bank Limited has announced that it has raised $ 300 million through its first-ever sustainable finance bond issue.
HDFC Bank making changes to top management after mega merger
Mumbai: HDFC Bank is revamping its top management to bolster its mortgage business following its acquisition of another lender three months ago, Bloomberg reported.
RBI’s policy hawkish to the rising inflationary risks: HDFC treasury research
Mumbai: The RBI kept its policy rate unchanged at 6.5% in line with expectations. Moreover, it continued with its stance of “withdrawal of accommodation” with a 5:1 vote.
HDFC Ltd. to merge into HDFC Bank, effective from July 1
HDFC Bank, a private sector bank, on Friday announced the successful completion of the merger with housing finance company HDFC Ltd.
RBI allows SBI Funds Management to buy 9.99% stake in HDFC Bank
Mumbai: The Reserve Bank of India (RBI) has granted permission to SBI Funds Management (SBIMFL) to acquire a stake of up to 9.99 percent in terms of paid-up share capital or voting rights of HDFC Bank, the bank said in an exchange filing on Wednesday.
HDFC Bank signs agreement with Export Import Bank of Korea for US $ 300 million credit line
Ahmedabad: Private sector HDFC Bank has signed a Master Inter Bank Credit Agreement with Export Import Bank of Korea for a US $ 300 million line of credit.
HDFC Bank to raise $6 billion in debt over next 1 year: Report
Mumbai: HDFC Bank Tuesday announced its plan to consider raising debt of 500 billion rupees (approximately $6 billion) within the next 12 months, Reuters reported.
NCLT approves merger of HDFC and HDFC Bank
The National Company Law Tribunal (NCLT) gave its approval for the merger of HDFC and HDFC Bank, which is considered to be the largest merger in corporate history.
HDFC Bank RuPay Credit Cards now live on UPI
Mumbai/IBNS: HDFC Bank and National Payments Corporation of India (NPCI) Thursday said the bank's customers will be able to use their RuPay Credit Card on UPI with BHIM App and other UPI-enabled apps.
HDFC Bank opens first branch in Kanyakumari town
Kanyakumari: HDFC Bank on Wednesday announced that it has opened its first branch in Kanyakumari town. Located in Cape Road, this is the bank's southern-most branch in the country and reinforces its commitment to offer services across the country.
HDFC Bank opens 100 new branches across India
Jabalpur: HDFC Bank announced that it has opened 100 new branches across India.
HDFC bank acquires minority stake in fintech firm Mintoak
Mumbai/IBNS: India’s one of the largest private sector lenders HDFC Bank acquired a minority stake in fintech startup Mintoak, the bank said in a regulatory filing on Wednesday.