Hdfc

  • HDFC Bank to send debit card PINs via SMS September 14, 2014

    New Delhi: As part of its 'gogreen' initiative, HDFC Bank has started sending PIN, unique code number, for debit card holders through SMS instead of the practice of sending it by post. It is not just environment friendly but also convenient and saves time of both customers and the bank, HDFC...
  • HDFC bank organises secure banking workshop in Odisha September 7, 2014

    Bhubneshwar: HDFC Bank launched its Secure Banking programme and plans to extend it to all its 96 branches across Odisha as part of its efforts to create banking awareness among customers. Speaking about the initiative which was launched in Bhubaneswar, Debashish Senapati, Zonal Head, HDFC Bank, said banking in India...
  • 12 Indian firms in Forbes' 50 best companies in AsiaPacific September 2, 2014

    New York: Tata Consultancy Services (TCS), HCL Technologies and HDFC Bank are among the 50 best public companies in AsiaPacific according to a compilation by Forbes, which ranked India second behind China as home to the "world's next growth engines". The Forbes 2014 'honour roll of the Fabulous 50' lists best...
  • AIMA Awards 2014: In conversation with Deepak Parekh, Uday Kotak, N Chandrasekaran August 10, 2014

    On the 5th edition of AIMA Managing Awards 2014, CNBC TV18's Shereen Bhan talks to HDFC Chairman Deepak Parekh who won Lifetime Contribution Award, MD of Kotak Mahindra Bank Uday Kotak who achieved Transformational Business Leader of the year and CEO & MD of Tata Consultancy Services N Chandrasekaran who...
  • ICICI Bank Q1 net profit up 17 pct, beats estimates July 31, 2014

    New Delhi: ICICI Bank Ltd(ICBK.NS), India's secondbiggest lender by assets, reported a 17 percent rise in quarterly profit, beating estimates, helped by loan growth and higher fee income. Net profit for its fiscal first quarter ended June rose to 26.55 billion rupees ($440 million) from 22.74 billion rupees a year earlier,...
  • HDFC Bank Q1 net up 21 per cent, lags estimates July 21, 2014

    Mumbai: HDFC Bank Ltd, India's secondbiggest private sector lender by assets, reported its slowest quarterly earnings growth in more than a decade on higherthanexpected provisions. The Mumbaibased bank said that the net profit rose 21 per cent to Rs 2,233 crore ($371 million) for its fiscal first quarter to endJune from...
  • Sensex at 10day high, IT pack leads rally on TCS earnings July 18, 2014

    Mumbai: The benchmark Sensex on Friday surged over 80 points to close at 25,641.56, its highest in 10 days, on sustained buying by foreign funds in IT shares after encouraging earnings from TCS. After opening in the negative zone and slipping further to 25,441.24 on profitbooking and a weak global cues...
  • Budget 2014: Earlier infrastructure investment a bad word, says Deepak Parekh July 10, 2014

    According to the Modi government first Budget, the government has promised them concessions in CRR etc. HDFC Chairman Deepak Parekh said that the earlier infrastructure investment was a bad word, now the banks can lend money to infrastructure. ...
  • Inflation not easing soon; rate hike likely by December: Analysts June 3, 2014

    Mumbai: As the Reserve Bank maintained a status quo on key policy rates, analysts said that higher demand due to supply constraints will not allow inflation to ease as quickly as anticipated and the apex bank may be forced to increase rates once more by the yearend. In its second...
  • Not in the race for Finance Ministry: HDFC Chairman Deepak Parekh May 23, 2014

    In an exclusive interview to Network 18, HDFC Chairman Deepak Parekh has refuted reports that he could be in the running for the Finance Ministry. ...
  • Asset quality of banks deteriorating at frightening pace: Study May 14, 2014

    New Delhi: The asset quality in banks has deteriorated at a "frightening pace" during 201314 fiscal with public sector banks bearing the maximum brunt of bad loans, a RBI panel report has said. At the quarter ended December 2013, banks collectively held loan provisions of Rs 98,593 crore, an increase...
  • Sesa, Wipro, SBI lose & HDFC Bank up 1 per cent; Nifty ends flat April 22, 2014

    Mumbai: The market ended on an absolutely flat note. The Sensex was down 6.46 points at 22758.37, and the Nifty slipped 2.30 points at 6815.35. About 1472 shares advanced, 1277 shares declined, and 166 shares were unchanged. Capital goods and oil & gas lend support to the indices while metals were under...
  • Sensex ends 67 points up to end at record close March 5, 2014

    Mumbai: The benchmark Sensex on Wednesday extended gains by rising 67 points to end near its record close on sustained buying driven by positive global cues. Thawing of Ukraine crisis and upbeat economic data from China helped domestic markets, said traders. After gaining 263.08 points in the previous session, the Sensex...
  • Sensex surges nearly 257 points to end at 21,289.49 January 15, 2014

    Mumbai: Allround buying after wholesale inflation declined to a fivemonth low lifted the benchmark Sensex today by nearly 257 points to its highest level since December 9 on hopes the RBI will lower interest rate to boost economic growth. The NSE barometer Nifty also jumped over 79 points to reclaim the 6,300point...
  • Sensex falls 37 points in the third day of losses; IT stocks shine January 3, 2014

    Mumbai: After dropping 157 points in early trade amid weak global cues, the Sensex on Friday recouped some losses in the latter half on the back of continued strength in IT stocks to end the day with a 37point fall. Selling in bluechips led by auto sector on reports of lower...
  • Current a/c gap narrows; economy seen improving December 2, 2013

    India's current account gap narrowed sharply in the September quarter, thanks to steps to curb gold imports, the latest in a run of positive signs for a sluggish economy. Earlier on Monday, the HSBC Manufacturing PMI index for November showed Indian manufacturing at its strongest since March. On Friday, data showed...
  • Sensex falls 265 points as bulls pause for breather November 5, 2013

    Mumbai: The Sensex and Nifty snapped a fiveday winning streak Tuesday, even as an increasing number of players are turning positive on India. The Sensex shed 264.57 points or 1.25 percent to close at 20974.79, and the Nifty fell 64.20 points or 1.02 percent to end at 6253.15. While the...
  • UP: HDFC introduces banking to rural women in Bulandshahar October 30, 2013

    A private bank in Bulandshahar in Uttar Pradesh has taken an initiative to introduce banking to rural women in order to make them self reliant. Women, who have never stepped into a bank earlier are taught how to bank. Nasreen, mother of two, may not know be aware of old...
  • Not to reduce interest on consumer durable loans: HDFC Bank October 4, 2013

    Chomu: HDFC Bank on Friday said it will not reduce interest rates for consumer durable loans ahead of the festive season, although stateowned lenders might do so on a call by the Finance Ministry to boost demand. "No, we will not be reducing the interest rates (on consumer durable loans). We...
  • FIR against HDFC Bank, others for cheating retired bureaucrat October 3, 2013

    New Delhi: Delhi Police has informed a court in New Delhithat, as per its orders, an FIR has been lodged against HDFC Bank along with unknown persons for allegedly cheating a retired bureaucrat of over Rs 13.6 lakh by making withdrawals from his bank account and also forging his wife's...
  • RBI opens spl 2-day MSF window to meet advance tax demand September 14, 2013

    The Reserve Bank opened a special two-day funding window for banks through the marginal standing facility (MSF) today to help them meet liquidity needs as there would be higher demand for funds on account of advance tax payment. "Given the market conditions, we have decided to offer two-day funds to banks...
  • Chidambaram meets top bankers to shore up fund inflows August 24, 2013

    Finance Minister P Chidambaram on Saturday held a closed-door meeting here with top bankers to take stock of the situation in the wake of rupee volatility and ways to shore up foreign capital to bridge the widening current account gap. The minister, who will also be meeting foreign institutional investors whose...
  • HDFC raises benchmark lending rate by 0.25 per cent on housing loans August 22, 2013

    Mumbai: Housing Development Finance Corp Ltd (HDFC), India's biggest mortgage lender, said on Thursday it will increase its retail prime lending rate by 0.25 per cent, effective Friday. Earlier on Thursday, ICICI Bank, the country's second-largest lender, became the latest bank to raise interest rates, lifting its base rate by 25...
  • ICICI Bank raises base rate by 0.25 per cent to 10% August 22, 2013

    Mumbai: ICICI Bank, the country's largest private sector lender, on Thursday increased its lending rate by 0.25 per cent to 10 per cent with effect from Friday. The bank also effected a similar hike in its prime lending rates, which will be applicable to existing customers who are on the...
  • Yes Bank, Canara Bank, HDFC Bank shares erase early gains as rupee tumbles a new low August 21, 2013

    In highly volatile trade, banking stocks on Wednesday erased almost all the gains they notched up in early trade after the rupee declined sharply to sub64 levels. Banking stocks were trading in the positive terrain on BSE taking cues from RBI measures to ease liquidity in the system. Yes Bank, which...
  • Sensex ends 180 points up; reclaims 20,000 mark July 18, 2013

    Mumbai: Boosted by fagend buying spurt, the benchmark S&P BSE Sensex today reclaimed the 20,000mark with a 180point boost on hopes of continued earnings momentum amid assurances by US Fed about maintaining its stimulus programme. Bluechips including HDFC Bank, ONGC, Infosys, L&T, Bharti Airtel, HDFC, ICICI Bank and SBI together added...
  • HDFC ATM, debit card, netbanking services unavailable this weekend July 17, 2013

    New Delhi: In an email notification to its customers HDFC Bank has informed that the bank's ATM, online banking, mobile banking, debit card and other services would be unavailable over the weekend because of a scheduled system upgrade. HDFC Bank has also posted the notification on its website. "We are...
  • Private banks step up hiring; topfive add over 15,000 staff June 16, 2013

    Leading private sector lenders are in top gear when it comes to expanding their headcount and just five of them, including ICICI Bank and HDFC Bank, added more than 15,000 employees to their payrolls in the last fiscal. The expanded workforce also seems to be giving them rich dividends in terms...
  • Cobrapost expose: RBI penalises Axis, HDFC, ICICI banks June 10, 2013

    Mumbai: Three private banks, caught in the Cobrapost sting operation, have been let off the hook with paltry penalties. The Reserve Bank of India on Monday imposed penalties on Axis, ICICI and HDFC banks after a sting operation by online magazine Cobrapost exposed many loopholes. RBI imposed a penalty of Rs...
  • Sensex nearly flat as freefalling rupee dashes rate cut hopes June 10, 2013

    Mumbai: Surrendering most of its early gains, the BSE benchmark Sensex on Monday closed just 12 points higher as rupee hitting record lows dashed hopes of a rate cut by RBI, while IT stocks rose on expectations of better dollar revenues. In a volatile trade, the 30share index, commenced the day...