HDFC Bank's NBFC arm HDB Financial Services files papers for Rs 12,500 crore IPO
Oct 31, 2024, at 07:44 pm
Mumbai/IBNS: HDFC Bank announced on Thursday (Oct. 31) that its non-banking financial arm HDB Financial Services filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a potential IPO of up to Rs 12,500 crore (approximately $1.49 billion).
Macquarie explains why HDFC Bank's loan growth may slow down to below 10% in Q2
Sep 26, 2024, at 07:24 pm
Mumbai/IBNS: Australian multinational brokerage firm Macquarie has indicated that HDFC Bank, India’s largest private lender, could see its loan growth dip below 10 percent year-on-year (YoY).
HDFC Bank negotiates with global lenders to offload $1 billion in loans
Sep 12, 2024, at 09:02 pm
Mumbai/IBNS: India's largest private sector lender, HDFC Bank, is negotiating with major global banks to offload loans totaling up to Rs 8,400 crore ($1 billion) as part of its strategy to reduce the size of its credit portfolio and improve its credit-to-deposit ratio, reports Bloomberg, citing its sources.
4.69 cr shares change hands for Rs 6,997 cr in HDFC Bank block deal
Aug 30, 2024, at 11:01 pm
Mumbai: HDFC Bank's stock witnessed the exchange of around 4.69 crore shares in multiple block deals totalling Rs 6,997 crore, coinciding with the MSCI indices' August rebalancing, Moneycontrol reported.
Deposit mobilisation not a challenge for bank, says SBI chairman Dinesh Khara
Aug 24, 2024, at 11:01 pm
Mumbai/IBNS: Dinesh Kumar Khara, the chairman of India's largest public sector bank State Bank of India (SBI), on Friday (August 23) said that he does not foresee any challenges for the bank in deposit mobilisation, despite the intensified competition among banks to attract deposits by raising short-term deposit rates.
HDFC Bank to stop SMS alerts for UPI transactions up to Rs 100
May 29, 2024, at 06:22 pm
Mumbai/IBNS: HDFC Bank has said that it will be stopping SMS alerts for UPI transactions below Rs 100 from June 25.
HDFC Bank's net profit up 37 percent in Q4
Apr 20, 2024, at 11:34 pm
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.
Apr 14, 2024, at 11:03 pm
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
Feb 24, 2024, at 08:00 am
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
Feb 08, 2024, at 07:37 am
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
Oct 04, 2023, at 04:21 am
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
Aug 10, 2023, at 11:51 pm
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
Jul 01, 2023, at 02:43 pm
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
May 18, 2023, at 03:06 am
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
Apr 12, 2023, at 11:38 pm
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
Apr 12, 2023, at 05:22 am
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
Mar 18, 2023, at 04:48 am
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
Feb 17, 2023, at 06:50 am
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
Jan 25, 2023, at 10:00 pm
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
Dec 16, 2022, at 08:40 pm
Jabalpur: HDFC Bank announced that it has opened 100 new branches across India.
HDFC bank acquires minority stake in fintech firm Mintoak
Dec 15, 2022, at 08:06 am
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.
HDFC Bank signs MoU with Govt of Karnataka to aid startups registered with Karnataka Startup Cell
Nov 19, 2022, at 02:34 am
Bengaluru/IBNS: HDFC Bank Friday signed a Memorandum of Understanding (MoU) with the Karnataka government's Karnataka Innovation and Technology Society (KITS).
HDFC Bank launches 'Vigil Aunty' campaign to promote freedom from fraud
Aug 16, 2022, at 09:00 pm
Mumbai: HDFC Bank today announced that the Bank will celebrate 75 years of India's independence by launching a new campaign, 'Vigil Aunty', which will encourage people across the country to practise safe banking habits.
CCI approves merger of HDFC Bank with HDC Ltd
Aug 14, 2022, at 08:53 pm
The Competition Commission of India (CCI) has approved the merger of HDFC Bank with its parent HDFC Ltd.
HDFC Bank Parivartan signs MoU with IISc Bangalore
Aug 02, 2022, at 06:31 pm
Bengaluru: HDFC Bank Parivartan on Tuesday signed a memorandum of understanding with the Indian Institute of Science (IISc) Bangalore.
HDFC Bank drops 3.51 pc to Rs 1550.80
Apr 06, 2022, at 10:55 pm
Mumbai: HDFC Bank on Wednesday slipped 3.51 pc to close at Rs 1550.80, a major loser in 30 scrips of BSE.
HDFC Bank drops 2.98 pc to Rs 1607.15
Apr 05, 2022, at 10:32 pm
Mumbai: HDFC Bank on Tuesday slipped 2.98 pc to Rs 1607.15, a major loser among the 30 scrips of BSE.
HDFC Bank moves up 9.81 pc to Rs 1,654
Apr 04, 2022, at 09:55 pm
New Delhi: HDFC Bank on Monday surged 9.81 per cent to Rs 1,654, a major gainer in the 30 scrips of the Bombay Stock Exchange (BSE).
HDFC Bank adds 21,000 people in the current financial year
Mar 17, 2022, at 04:35 am
Mumbai/IBNS: HDFC Bank reported an increase of 21,503 permanent employees in the current financial year, an over 90 percent increase over the previous year.
Yes Bank appoints Lavesh Sardana to head retail assets & debt Management biz
Jan 27, 2022, at 08:52 pm
Mumbai/UNI: Private sector lender Yes Bank announced on Thursday the appointment of Lavesh Sardana as Country Head for its Retail Assets and Debt Management operations.