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Banks hike interest rates on FDs amid fierce competition for deposits

Banks hike interest rates on FDs amid fierce competition for depo...

Tue, Jan 14, 2025

Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks such as SBI and HDFC were the first to raise interest rates on FDs, smaller banks such as IDBI have followed suit for fear of getting left behind in the race.

Sensex tanks nearly 1,200 points: FPI selling, weak global cues drag markets

Sensex tanks nearly 1,200 points: FPI selling, weak global cues d...

Mon, Jan 06, 2025

Sensex nosedives nearly 1,200 points as HMPV virus fears, FPI outflows, weak global cues, and earnings jitters weigh heavily on markets, with smallcap and midcap indices slipping up to 2%.

Highest FD Rates: SBI, PNB, HDFC, ICICI for 1, 3, 5-Year Fixed Deposits

Highest FD Rates: SBI, PNB, HDFC, ICICI for 1, 3, 5-Year Fixed De...

Wed, Dec 04, 2024

Highest General Citizen FD rates: In FDs, you can choose the investment period as your own. It can be from seven days to 10 years.

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RBI MPC: Keki Mistry of HDFC talks to Anil Singhvi, lauds RBI credit policy

RBI MPC: Keki Mistry of HDFC talks to Anil Singhvi, lauds RBI cre...

Fri, Oct 09, 2020

While the stock market of India cheered the RBI credit policy after showing immediate jump, Zee Business Managing Editor Anil Singhvi continued taking views from the captains of commerce in India.

Stocks in Focus on October 6: Likhita Infrastructure, Tata Motors, HDFC, HDFC Bank, Sobha Limited; here are the 5 Newsmakers of the Day

Stocks in Focus on October 6: Likhita Infrastructure, Tata Motors...

Tue, Oct 06, 2020

Stocks In Focus: Tata Motors, HDFC Bank, IndusInd Bank, Shobha and CreditAccess Grameen are expected newsmakers throghout the intraday trade session.

Share Bazaar: Market cap of 8 of 10 most valued firms zooms Rs 1.45 lakh cr; this is the biggest gainer, see full list

Share Bazaar: Market cap of 8 of 10 most valued firms zooms Rs 1....

Sun, Oct 04, 2020

During the holiday-truncated week, the Sensex advanced 1,308.39 points or 3.49 per cent.

Pradhan Mantri Awas Yojana (PMAY): HDFC approves Rs 47k cr home loans under subsidy scheme

Pradhan Mantri Awas Yojana (PMAY): HDFC approves Rs 47k cr home l...

Sun, Sep 06, 2020

In a regulatory filing on Sunday, HDFC Ltd. has said that it approved over Rs 47,000 crore of home loans under CLSS to homebuyers belonging to the economically weaker section (EWS), low income group (LIG) and middle income groups (MIG).

Stock Market: Vanguard Total sells shares worth over Rs 677 cr in Infosys, TCS, others

Stock Market: Vanguard Total sells shares worth over Rs 677 cr in...

Thu, Sep 03, 2020

On BSE, shares of TCS ended 0.87 per cent up at Rs 2,264.8 apiece, Reliance Industries 1.97 per cent higher at Rs 2,128.6, and Infosys surged 1.07 per cent to RS 924.05. However, HDFC declined 1.25 per cent to close at Rs 1,827.5 and Hindustan Unilever slipped 1 per cent to Rs 2,141.6.

Raised money will be used for both organic and inorganic growth: Keki Mistry, HDFC

Raised money will be used for both organic and inorganic growth:...

Thu, Aug 13, 2020

Keki M. Mistry, Vice Chairman and CEO, Housing Development Finance Corporation (HDFC) talks about the fundraising programme via QIP and warrants, loan growth, etc.

HDFC raises over Rs 14,000 cr; closes QIP issue

HDFC raises over Rs 14,000 cr; closes QIP issue

Wed, Aug 12, 2020

The country's largest mortgage lender HDFC Ltd on Tuesday announced raising more than Rs 14,000 crore through a qualified institutional placement (QIP) issue of equity shares, warrants and bonds.

Top Stock Picks With Anil Singhvi: Triveni Engineering, HDFC are stocks to buy for good returns, says Vikas Sethi

Top Stock Picks With Anil Singhvi: Triveni Engineering, HDFC are...

Fri, Aug 07, 2020

Top Stocks To Buy: Ahead of the weekend break and the markets heading for a breather, Market Analyst Vikas Sethi in conversation with Zee Business Managing Editor Anil Singhvi, recommended a couple of shares with a potential to generate bumper returns for investors. These stocks to buy are Triveni Engineering and HDFC. The rationale for why investors should buy these stocks was provided by Sethi

Stocks in Focus on August 6: Canara Bank, HDFC Ltd to Alkem Laboratories; here are expected newsmakers of the day

Stocks in Focus on August 6: Canara Bank, HDFC Ltd to Alkem Labor...

Thu, Aug 06, 2020

Stocks in Focus on August 6: Canara Bank, HDFC Ltd, Alkem Laboratories, VIP Industries, DLF, Apollo Tyres, etc. are expected newsmakers throughout the intraday trade session.

HDFC Bank customers alert! Fraudsters attacking individuals, businesses; here is how to stay safe

HDFC Bank customers alert! Fraudsters attacking individuals, busi...

Fri, Jul 31, 2020

The HDFC Bank customers need to be very careful as fraudsters are targeting Indian individuals and businesses, the bank has said in an email sent out to its customers.

Opportunity for retail stock market investors! HDFC AMC's Issue Of Shares via OFS become available today

Opportunity for retail stock market investors! HDFC AMC's Is...

Thu, Jun 18, 2020

HDFC AMC's Issue Of Shares via offer for sale (OFS) has become available for the retail stock market investors.

Standard Life to sell 2.82 pc stake in HDFC AMC via OFS

Standard Life to sell 2.82 pc stake in HDFC AMC via OFS

Wed, Jun 17, 2020

In a regulatory filing to stock exchanges, Standard Life has proposed to sell up to 60 lakh equity shares, representing 2.82 per cent of the total issued and paid-up equity share capital of HDFC AMC through offer-for-sale mechanism.

HDFC offloads shares of HDFC Life worth over Rs 1,274 cr

HDFC offloads shares of HDFC Life worth over Rs 1,274 cr

Thu, Jun 04, 2020

Housing Development Finance Corporation (HDFC), promoter of HDFC Life, on Wednesday sold 2.6 crore shares of the insurance company worth a little over Rs 1,274 crore through an open market transaction.

Housing finance firm HDFC Ltd Q4 profit declines 10 pct to Rs 4,342 cr

Housing finance firm HDFC Ltd Q4 profit declines 10 pct to Rs 4,3...

Mon, May 25, 2020

Housing finance firm HDFC Ltd on Monday reported a 10 per cent decline in consolidated net profit to Rs 4,341.58 crore for the fourth quarter ended March 31.

HDFC Home Loan: Has your loan eligibility increased after rate cut? Check calculator now

HDFC Home Loan: Has your loan eligibility increased after rate cu...

Wed, Apr 22, 2020

While leading mortgage lender HDFC has slashed its lending rate by 15 basis, which are effective from today, making home loans cheaper, are you still worried about your eligibility for home loans? HDFC makes it easier for you to know how much loan you can get from the lender

Stocks in Focus on April 22: ACC, SBI Life to Shriram Transport Finance; here are expected 5 Newsmakers of the Day

Stocks in Focus on April 22: ACC, SBI Life to Shriram Transport F...

Wed, Apr 22, 2020

Stocks in Focus on April 22: SBI Life, ACC, Shriram Transport Finance, HDFC to Kalpataru Power Transmission — here are the expected five newsmakers throughout the intraday trade session.

HDFC cuts home loan rate by 15 bps; all existing customers to benefit

HDFC cuts home loan rate by 15 bps; all existing customers to ben...

Tue, Apr 21, 2020

Leading mortgage lender HDFC on Tuesday slashed its lending rate by 15 basis points.The change will benefit all existing HDFC retail home loan customers, HDFC says

People's Bank of China acquires 1% stake in HDFC

People's Bank of China acquires 1% stake in HDFC

Sun, Apr 12, 2020

In a major development for the Indian financial sector, the People's Bank of China has taken up 1.01 per cent stake in the lending major Housing Development Finance Corporation (HDFC).

HDFC customers alert! Interest will continue to accrue during EMI moratorium period

HDFC customers alert! Interest will continue to accrue during EMI...

Sat, Apr 04, 2020

HDFC EMI Moratorium: If you avail of the EMI moratorium, there will be a levy of interest at the contracted rate of the loan for the period of EMI moratorium on the loan outstanding.

Coronavirus lockdown not likely to increase NPAs: HDFC's Keki Mistry

Coronavirus lockdown not likely to increase NPAs: HDFC's Kek...

Thu, Mar 26, 2020

Nationwide lockdown for 21 days announced by the government in order to slow down and stop the spread of the coronavirus pandemic is not likely to increase non-performing assets (NPAs), HDFC Vice Chairman and Chief Executive Officer, Keki Mistry told Zee Business Executive Editor, Swati Khandelwal

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