RBI tells banks to reconsider ties with crypto exchanges, traders
The Reserve Bank of India (RBI) in 2018 had forbidden banks from dealing in all transactions related to bitcoin and other such assets.
May 14, 2021, 13:46 PM IST
COVID-19’s second wave impact! Cheque bounce cases surge in April
The pandemic has hit significantly hit retail payments across the country, as the number of borrowers failing to pay their monthly EMIs has surged in April 2021. According to the National Payments Corporation of India’s (NPCI) data, 34.1% of auto-debit transactions facilitated via the National Automated Clearing House (NACH) failed in April 2021.
May 14, 2021, 10:57 AM IST
CitiBank exit: SBI, private banks eye Citi’s credit card business
Citi lost its dominance in the credit card business to other players and therefore slowed down its customer acquisition game even before the final decision of moving out of the business.
Apr 18, 2021, 12:08 PM IST
HDFC Bank Q4 results: Profit jumps 18% YoY, falls short of Street estimates
HDFC’s subsidiary HDB Financial Services posted a decline in net profit from Rs 341.7 crore in Q4 FY20 to Rs 284.6 crore in this quarter.
Apr 17, 2021, 15:39 PM IST
Good news for investors! Senior citizens FD schemes extended till June 30
Any Indian citizen above the age of 60 can now invest for the long term to get the maximum returns from fixed deposits.
Apr 15, 2021, 10:53 AM IST
HDFC Bank launches SmartUp Unnati for mentoring women entrepreneurs on International Women’s Day
This programme is available only to existing customers and will initially target more than 3,000 women entrepreneurs associated with the Bank's SmartUp programme, a bank statement said.
Mar 08, 2021, 14:52 PM IST
Free petrol, diesel: HDFC IndianOil card offers 50 litres of free fuel
The HDFC IOCL card promises fuel points on every refill carried out at IndianOil fuel outlets and on bill payments, grocery shopping and other utility payments. The cardholders could end up earning up to 50 litres of free fuel every year. Cardholders can earn 5 per cent of their total spend with IOCL card.
Feb 21, 2021, 10:43 AM IST
HDFC Bank customers alert! Credit and debit card related services on net, mobile banking app not available on THESE days; read details here
HDFC Bank has written to customers, "Dear customer, Apologies, we are revising the scheduled maintenance activity time. Credit card related services will not be available on February 4, 2021 from 2am to 3am and debit card related services will not be available on February 5 from 12.30 am to 5am on net/mobile banking app. Regret the inconvenience caused".
Feb 03, 2021, 16:16 PM IST
HDFC Bank will call from This phone number in case of suspicious transaction – Take a note
HDFC Bank has also advised the customers to keep the bank informed when they change their address, contact number or email ID.
Nov 16, 2020, 16:18 PM IST
HDFC Q1 profit rises 15% at Rs 4,059 crore
The company had registered a net profit of Rs 3,540 crore in the same quarter a year ago.
Jul 30, 2020, 15:37 PM IST
HDFC Bank's Q1FY21 net profit rises by 19.6% to Rs 6,658.6 crore
The net interest margin for the quarter was at 4.3%.
Jul 18, 2020, 17:07 PM IST
HDFC Ltd Q4 profit declines 10% to Rs 4,342 crore
The company's net profit (before adjustment of minority interest) was Rs 4,811.26 crore in January-March quarter of 2018-19.
May 26, 2020, 10:29 AM IST
HDFC Q3 net jumps 4 times high to Rs 8,372 cr on one-time gain
The revenue for the quarter was at Rs 20,285.47 crore, up from Rs 10,575.03 crore logged in Q3FY19. The NBFC extended loans totalling Rs 20,475.59 crore during the period under review, as compared to loans of Rs 11,284.96 crore during the year-ago period.
Jan 27, 2020, 23:26 PM IST
HDFC reports Q1 net profit of Rs 3,203 crore
Total income increased to Rs 12,996 crore in Q1 FY20 as compared to Rs 9,952 crore in Q1 FY19, HDFC said in a statement.
Aug 02, 2019, 16:41 PM IST
HDFC acquires majority stake in Apollo Munich Health Insurance for Rs 1,347 crore
Apollo Munich will be merged with HDFC ERGO General Insurance Company Limited, creating a business of over Rs 10,807 crore, HDFC said.
Jun 19, 2019, 18:17 PM IST
HDFC sells further 4.22% stake in Gruh for Rs 899 crore
The sale of 3,10,00,000 equity shares representing 4.22 of the issued and paid-up share capital of Gruh was carried out through stock exchanges at the prevailing market price, HDFC said in a regulatory filing.
Jun 14, 2019, 16:02 PM IST
RIL, HDFC among 57 Indian companies on Forbes Global 2000 list
The overall list has been topped by the Industrial and Commercial Bank of China (ICBC) for the 7th year in a row, while Reliance Industries is the top-ranked Indian company (71st rank globally), as per the leading business magazine.
Jun 14, 2019, 10:20 AM IST
HDFC Q4 profits rises 27% to Rs 2,862 crore
The company had reported a net profit of Rs 2,257 crore in the January-March quarter of the previous fiscal.
May 13, 2019, 17:03 PM IST
HDFC puts Jet Airways' office space for sale to recover Rs 414 crore
Jet Airways, which temporarily shuttered operations on April 17, owes around Rs 414 crore to HDFC.
May 09, 2019, 16:41 PM IST
RBI slaps penalties on 7 banks for violation of norms
A penalty of Rs 1 crore has been imposed on Andhra Bank for similar violations.
Feb 13, 2019, 10:09 AM IST
