Hdfc

  • Sesa, Wipro, SBI lose & HDFC Bank up 1 per cent; Nifty ends flat 22-04-2014 09:42 AM

    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...
  • Sensex ends 67 points up to end at record close 05-03-2014 04:36 PM

    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 surges nearly 257 points to end at 21,289.49 15-01-2014 09:26 AM

    Mumbai: All-round buying after wholesale inflation declined to a five-month 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...
  • Sensex falls 37 points in the third day of losses; IT stocks shine 03-01-2014 09:30 AM

    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 37-point fall. Selling in bluechips led by auto sector on reports of...
  • Current a/c gap narrows; economy seen improving 02-12-2013 09:36 PM

    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...
  • Sensex falls 265 points as bulls pause for breather 05-11-2013 09:45 AM

    Mumbai: The Sensex and Nifty snapped a five-day 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 30-10-2013 09:07 PM

    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 04-10-2013 08:08 PM

    Chomu: HDFC Bank on Friday said it will not reduce interest rates for consumer durable loans ahead of the festive season, although state-owned 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)....
  • FIR against HDFC Bank, others for cheating retired bureaucrat 03-10-2013 06:39 PM

    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 14-09-2013 04:48 PM

    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...
  • Chidambaram meets top bankers to shore up fund inflows 24-08-2013 03:47 PM

    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...
  • HDFC raises benchmark lending rate by 0.25 per cent on housing loans 22-08-2013 08:27 PM

    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...
  • ICICI Bank raises base rate by 0.25 per cent to 10% 22-08-2013 07:32 PM

    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 21-08-2013 07:26 PM

    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 sub-64 levels. Banking stocks were trading in the positive terrain on BSE taking cues from RBI measures to ease liquidity in the system. Yes Bank,...
  • Sensex ends 180 points up; reclaims 20,000 mark 18-07-2013 09:40 AM

    Mumbai: Boosted by fag-end buying spurt, the benchmark S&P BSE Sensex today reclaimed the 20,000-mark with a 180-point 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...
  • HDFC ATM, debit card, netbanking services unavailable this weekend 17-07-2013 06:36 PM

    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; top-five add over 15,000 staff 16-06-2013 01:07 PM

    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...
  • Cobrapost expose: RBI penalises Axis, HDFC, ICICI banks 10-06-2013 06:41 PM

    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...
  • Sensex nearly flat as free-falling rupee dashes rate cut hopes 10-06-2013 09:29 AM

    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 30-share index, commenced the...
  • Some truth in Cobrapost expose, will take action: RBI 30-05-2013 11:20 PM

    Ahmedabad: There is "some truth" in Cobrapost's allegations of wrong doings by banks and RBI has issued notices to their managements, central bank Governor D Subbarao said on Thursday. "We have done study of those banks, investigated them ... We have done a larger study of those banks and we...
  • I-T dept issues notices to ICICI, Axis, HDFC banks 28-05-2013 09:59 PM

    New Delhi: Income Tax department has issued notices to three top private lenders in the country - ICICI Bank, Axis Bank and HDFC Bank - in connection with alleged money laundering charges levelled by online portal Cobrapost. The department has asked these banks to produce documents for verification as part...
  • Corporate reputations for fair play can be fluff when regulators sleep

    Espresso Economics |  Vivian Fernandes
    A 19 October, 2011 circular of the National Housing Bank says no penalty or fee for prepayment of home loans can be charged, provided the...

  • RBI probes Cobrapost report, reveals major violations by banks 13-05-2013 01:14 PM

    New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs,...
  • HDFC Q4 net profit rises over 17 pc to Rs 2,083 crore 08-05-2013 04:47 PM

    New Delhi: Mortgage major HDFC on Wednesday said consolidated net profit increased by 17.2 per cent to Rs 2,083.12 crore for the quarter ended on March 31, 2013. Its consolidated net profit during the same quarter (January-March) a year ago stood at Rs 1,776.74 crore. Total income during the last...
  • HDFC Bank Q4 net profit up 30 pc, meets forecast 23-04-2013 03:50 PM

    Mumbai: HDFC Bank Ltd, India's No.3 lender by loan value, met forecasts with a 30 per cent rise in quarterly profit on Tuesday led by higher loan growth, fee income and stable asset quality. Mumbai-based HDFC Bank, which has posted profit growth of more than 30 per cent every year...
  • 'RBI may cut benchmark lending rate by 0.25 pc in May' 21-04-2013 11:30 AM

    New Delhi: The Reserve Bank may cut the benchmark short-term lending rate by about 0.25 per cent in its annual monetary policy in May in the backdrop of declining inflation and the urgency to promote growth, say economists. "Right now conditions should enable the RBI to cut repo rate. We...