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HDFC Bank News
Planning to buy a house? We compare best home loans for you
Tue, Jan 03, 2017
ICICI Bank on Monday announced a reduction of 0.70% benchmarks across tenures.
Six of top 10 companies take Rs 38,221 crore hit in mcap; CIL loses most
Sun, Dec 18, 2016
Six of 10 most valued companies took a combined hit of Rs 38,221 crore in their market valuation last week, with Coal India Ltd (CIL) bringing up the maximum losses, as the benchmark Sensex lost nearly 1%.
Bank stocks pare losses as RBI increase MSS limit
Fri, Dec 02, 2016
On June 22, the RBI had said that under the MSS for the current fiscal was fixed at Rs 30,000 crore.
Top 6 companies take cumulative hit of Rs 57,015 crore in m-cap
Sun, Nov 20, 2016
RIL saw a dip of Rs 4,508.29 crore to Rs 3,20,283.29 crore.
Cash flood: ICICI, HDFC Bank cut FD rates by 0.25%
Thu, Nov 17, 2016
According to estimates, banks have collected cash deposit of over Rs 4 lakh crore following the demonetisation decision announced on November 8 by Prime Minister Narendra Modi.
Demonetisation: Is this the right time to open a fixed deposit account?
Wed, Nov 16, 2016
Experts expect investments in FDs to rise as banks offer better-than-savings interest rates for a limited time.
MCLR Cut: Is it time to get a home loan or should you wait some more?
Mon, Nov 14, 2016
Ramaswamy Subramanian Co-founder and CEO at Finanzmart said, "It is a good time for genuine home buyer opting for home loans at this rate because these interest rates are at its lowest now. In fact in 2-3 years the rates have been progressively coming down.”
Debit Card Fraud: ICICI Bank denies breach within its network
Tue, Nov 08, 2016
Assuring its customer, ICICI Bank added," Nevertheless the bank has taken steps to preserve the interests of its customers and continues to pursue the matter for enabling effective remediation through authorized channels.
BSE seeks clarification from banks on cyber security reports
Tue, Nov 08, 2016
This came after the recent financial data security breach which allegedly compromised about 32 lakh accounts.
HDFC Banks cut MCLR by 15 basis points
Mon, Nov 07, 2016
Indian banks are needed to revise MCLR rate monthly by taking in account factors like the repo rate and other borrowing rates.
Top five blue-chip stocks you should buy this Diwali
Sun, Oct 30, 2016
As India's biggest festival Diwali begins on Sunday, here are five blue-chip stocks that you could buy this festive season. According to Motilal Oswal Securities latest research report, here's the list of top five stocks: 1. HDFC Bank
Key Indian equity market indices open in red
Thu, Oct 27, 2016
The barometer 30-scrip sensitive index (Sensex) dipped by 254.91 points or, 0.91 per cent at the closing. In the day`s trade, the index touched a high of 28,050.55 points and a low of 27,759.56 points. The Nifty, was also down by 76.05 points, or 0.88 per cent.
Sensex plunges 201 points as oil fears make a comeback
Wed, Oct 26, 2016
Asia showed distinct weakness as there were fresh fears after reports emerged that Russia will not take part in a planned oil output cut by major producers. Overnight losses in the US on lower-than-expected earnings added to the anxiety.
HDFC Bank's home loan advances drop
Tue, Oct 25, 2016
Net revenues for the given period also jumped 18%, at Rs 10,894.5 crore. The bank said that its total deposits rose 16.7%, at Rs 5,91,731 crore in the second quarter as against Rs 5,06,909 crore. October also saw the total deposits with the entire banking system in India cross Rs 100 lakh crore for the first time.
HDFC Bank Q2 net at Rs 3455 crore; misses estimates
Tue, Oct 25, 2016
One of the largest private sector banks in the country, HDFC Bank, on Tuesday said that it recorded a net profit of Rs 3455.33 crore for the second quarter ended September 30, 2016. Analysts expected the bank to post Rs 3470 crore net profit.
Banking shares trade positive despite data security breach issue
Thu, Oct 20, 2016
A PTI report said,"All the bankers were quick to claim that the breach has not led to any monetary losses to anyone and all the measures being taken are to safeguard the system against any potential threat."
Banks take measures to curb potential data security breach
Thu, Oct 20, 2016
A suspected breach of data security of a city-based private sector lender a few months back has led to pre-emptive steps being taken by other banks to thwart any potential troubles, bankers said on Wednesday.
Nifty 50 companies may post 6% profit growth in Q2FY17
Tue, Oct 11, 2016
Stock breadth has been positive in the current calendar year so far, with 36 Nifty shares trading higher.
Treasury gains to aid banking sector’s profitability in Q2
Mon, Oct 10, 2016
Kotak Institutional Equities Research said, "Banks are expected to report 15% yoy decline in earnings on the back of accelerating revenue growth of 18% yoy led by higher treasury income as they continue to provide for bad loans (82% yoy) for NPLs."
Edelweiss buys Rs 1,000-crore Axis Bank loans of Essar Steel
Mon, Oct 03, 2016
Essar Steel is saddled with Rs 44,000 crore debt from a consortium of 20 lenders.