HDFC Bank posts lowest-ever profit growth on FCNR, demonetisation
Private sector HDFC Bank Tuesday reported its lowest-ever quarterly profit growth at 15 percent at Rs 3,865.3 crore for the December quarter, pulled down by a margin compression following the note-ban and foreign currency deposit redemptions.
Jan 24, 2017, 19:44 PM ISTHDFC Bank third-quarter profit up 15%, beats estimates
HDFC Bank Ltd, India`s third-biggest lender by assets, on Tuesday reported a 15 percent rise in third-quarter net profit, above analyst estimates, due to higher interest and fee income.
Jan 24, 2017, 16:05 PM ISTUnited Bank of India slashes lending rate by up to 0.90%
Public lender United Bank of India slashed its benchmark lending rate by up to 0.90 percent, joining others such as State Bank of India, ICICI Bank, HDFC Bank and Punjab National Bank.
Jan 05, 2017, 12:57 PM ISTRate cut bandwagon: HDFC Bank, Canara Bank cut lending rates by up to 0.9%
Home and other loans are all set to be cheaper as major banks such HDFC Bank and Canara Bank joined the rate cut bandwagon by cutting lending rates up to 0.9 percent.
Jan 04, 2017, 22:54 PM ISTHDFC Bank joins rate cut bandwagon, cuts lending rates by up to 0.9%
Joining the rate cut bandwagon, HDFC Bank, Wednesday lowered its lending rates by up to 0.9 percent -- which will lead to cheaper home and corporate loans.
Jan 04, 2017, 17:44 PM IST
Top 100 companies generated Rs 28L cr wealth in past 5 years: Study
In terms of market valuation, India's top 100 companies have generated Rs 28.4 lakh crore wealth in the past 5 years, as per a latest study. TCS, Tata Group's shining star in terms of generating revenue stands first in the list.
Dec 09, 2016, 17:24 PM ISTICICI, HDFC Bank, Canara, United Bank cut Fixed Deposit rates by up to 1%
Largest private lender ICICI Bank and HDFC Bank cut their deposit rates by up to 0.25 percent while Kolkata-based United Bank of India did it for short-term deposits by 1 percent.
Nov 17, 2016, 16:57 PM ISTChetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'
As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.
Nov 12, 2016, 11:45 AM ISTPremium to be hiked by insurers for cyber security covers
Following the data theft that impacted 32 lakh debit cards recently, insurers see surge in demand for cyber insurance and have warned of a spike in cyber risk cover premiums.
Nov 06, 2016, 19:24 PM ISTHDFC Q2 profit rises 16% to Rs 2,446 crore
Mortgage major HDFC on Wednesday reported a 16 percent increase in its consolidated net profit to Rs 2,446.21 crore for the second quarter ended September.
Oct 26, 2016, 16:17 PM ISTHDFC to raise up to Rs 500 crore via masala bonds
The rupee-denominated bonds or masala bonds are instruments through which Indian entities can raise funds by accessing overseas capital markets, while the bond investors hold the currency risk.
Oct 13, 2016, 11:16 AM ISTBanks alert on ATM fraud, ask customers to change PIN
Zee Media Bureau
New Delhi: ATM frauds are on the rise and banks are taking emphatic steps in creating awareness in safe banking from ATMS and online.
Sep 17, 2016, 11:37 AM ISTHDFC Bank briefly pips RIL to become second most valued firm
HDFC Bank on Friday briefly toppled Reliance Industries to become the country's second most valuable company in terms of market valuation.
Sep 02, 2016, 19:00 PM ISTWow! Soon you may find a robot greeting you at HDFC Bank
Soon you may find a robot greeting you at HDFC Bank branch
Aug 29, 2016, 05:24 AM ISTYes Bank enters credit card space, eyes No 3 slot in 4 years
Setting an ambitious target of having five million customers by 2020 and to become the No 3 player in the extremely competitive industry, mid-sized lender Yes Bank Tuesday made a foray into the credit card market.
Aug 23, 2016, 20:34 PM ISTHDFC Ltd Q1 net profit up 27% to Rs 2,797 crore
The country's largest mortgage player HDFC Ltd on Wednesday reported 26.86 percent increase in consolidated net profit at Rs 2,796.92 crore helped by receipts from stake sale in its general insurance arm.
Jul 27, 2016, 17:24 PM ISTRBI fines BoB, PNB, HDFC Bank for regulatory lapses
The RBI has imposed penalties of Rs 5 crore and Rs 3 crore on PSU lenders Bank of Baroda and Punjab National Bank, respectively and also fined private sector HDFC Bank Rs 2 crore for lapses in adhering to anti-money laundering guidelines.
Jul 25, 2016, 22:19 PM ISTSensex drops 205 points, worst single-day fall in a month
Market posted its worst single-day fall in nearly one month as the benchmark BSE Sensex plunged by 205 points to 27,710.52 after earnings of HDFC Bank and Kotak Mahindra Bank raised concerns over bad loans, while global cues remained largely muted.
Jul 21, 2016, 17:34 PM ISTHDFC Bank net profit surges 20%, bad loans edge up too
Second largest private sector lender HDFC Bank on Thursday reported a 20.2 per cent growth in net profit to Rs 3,239 crore for the three months to June on the back of a healthy rise in core net-interest income, even as the asset quality marginally worsened.
Jul 21, 2016, 16:31 PM ISTHDFC Bank Q1 net profit rises 20.15% to Rs 3,238.91 crore
HDFC Bank on Thursday reported a 20.15 percent rise in its net profit at Rs 3,238.91 crore for the first quarter ended June 2016.
Jul 21, 2016, 12:16 PM IST