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Tag: Hdfc Bank

RBI Asks HDFC Bank To Temporarily Stop Issuing New Credit Cards

New Delhi: The Reserve Bank has asked HDFC Bank to temporarily stop all launches of the ‘Digital Business generating activities and sourcing of new credit card customers. “RBI has issued an order dated December 2, 2020, to HDFC Bank Ltd with regard to certain incidents of outages in the internet banking/ mobile banking/ payment utilities […]

HDFC Bank Launches 'e-Kisaan Dhan' App For Farmers

Mumbai: HDFC Bank on Tuesday launched ‘e-Kisaan Dhan’ app for farmers across India to access a bouquet of agricultural and banking services on their mobile. The app, which serves as a repository of knowledge and information for any individual engaged in farming, helps meet needs of the rural ecosystem. The app will also provide value-added […]

Private banks, NBFCs to continue EMIs, if not informed

New Delhi: Unlike the public sector banks, customers of private banks and non-banking financial companies (NBFCs) would continue to pay EMIs on their term- loans unless a specific instruction is issued, as per the Covid-19 RBI package. Several private banks and NBFCs informed their customers on Wednesday that auto debit facility for loan instalment won’t […]

Market opens at record high; RIL, HDFC Bank top gainers

Mumbai: Market benchmarks Sensex and Nifty opened at record peaks on Monday tracking strong quarterly results by index heavyweights Reliance Industries and HDFC Bank. After rallying over 300 points to hit a fresh lifetime high of 42,273.87, the 30-share BSE index pared gains to trade 31.32 points or 0.07 per cent higher at 41,976.69. Similarly, […]

Sensex Hits Record High Of 40,345; Infosys, SBI Rally 4 Pc

Mumbai: Market benchmark BSE Sensex surged over 293 points to hit its record intra-day high of 40,344.99 on Thursday led by rally in index heavyweights Infosys, SBI, HDFC Bank and TCS. After opening on a strong note, the 30-share index was trading 263.69 points, or 0.66 per cent, higher at 40,315.56 in morning session. The […]

Bank Fraud: Rs 60 Lakh Swindled From Angul Collector’s Account, Ex-Manager Arrested

Angul: A former branch manager of HDFC bank was arrested on Saturday on the charges of fraudulently withdrawing Rs 60 lakh from the account of Angul district Collector. The ex-branch manager has been identified as Shakti Bedanta Das. Das while working as the manager of HDFC Bank in Angul had fraudulently withdrawn the money by […]

Stimulus booster help equities log best day in over 3 months

Mumbai: Benchmark stock indices Sensex and Nifty saw their best day in over three months on Monday, buoyed by the government move to withdraw additional surcharge on foreign investors and initiate measures to revive the economy. The BSE gauge Sensex settled with a gain of 2.16 per cent or 792.96 points; while the NSE Nifty […]

Sensex rebounds over 200 pts; Nifty above 10,900

Mumbai: Domestic equity benchmark BSE Sensex rebounded over 200 points and the NSE Nifty reclaimed the 10,900 level in early trade on Tuesday led by gains in banking and auto stocks. The 30-share index was trading 214.96 points, or 0.59 per cent, higher at 36,914.80 at 0930 hours. Similarly, the broader NSE Nifty was quoting 68.65 […]

Paytm Payments Bank ahead of major banks in digital transaction target

New Delhi: Paytm Payments Bank has received a target of 501.16 crore digital transactions for the financial year 2019-20 from the Ministry of Electronics and Information Technology (MeitY), higher than the targets set for major banks including HDFC Bank, ICICI Bank and Punjab National Bank. In a statement, Paytm Payments Bank said it is only […]

SBI, ICICI Bank trade in red, HDFC Bank in green

Mumbai: The stocks of the State Bank of India (SBI) and ICICI Bank were in the negative territory on Wednesday. The stocks turned to red after they traded near the 52-week high levels on Tuesday. Around 2 p.m., the stocks of ICICI Bank on the NSE Nifty50 was at Rs 424.45, lower by Rs 9.85 […]

bank-holidays december
Alert! Banks To Remain Closed For 5 Days This December

Kolkata: Ahead of the strike called by the United Forum of Bank Unions (UFBU) on December 26, one of the bank officers’ union has called a strike on December 21, demanding unconditional mandate for the XIth bipartite wage revision talks, officials said on Wednesday. In the wake of strikes and holidays, the banks will remain […]

HDFC Bank Q2 net profit up 20.6%

Mumbai: Lending major HDFC Bank on Saturday reported a 20.6 per cent increase in its net profit to Rs 5,005.73 crore during the quarter ended September 30, 2018, as compared to Rs 4,151.03 crore in the year-ago period. The Bank’s total income for the quarter under review was at Rs 28,215.2 crore, up by 21.2 […]

HDFC Bank most valuable Indian brand 5th year running: Survey

Mumbai: Private sector HDFC Bank has become Indias most valuable brand for the fifth year in a row with a 21 per cent rise in its brand value to $21.7 billion over the previous year, according to a survey. According to a release here on Sunday, HDFC Bank retained its top spot in the “WPP […]

Businessman defrauded of Rs 4.25 lakh

Sundergarh: A businessman was allegedly defrauded of Rs 4.25 lakh here after he issued a bank cheque of Rs 1,000 value to a person claiming to be HDFC Bank staff for opening of a current account. As per complaint filed by businessman Rajesh Patel, few days back a person had called him up while identifying […]

Miscreants loot Rs 4 lakh from businessman in Bargarh

Bargarh: Close on the heels of loot of Rs 60 lakh in Balasore, miscreants decamped with Rs 4 lakh from a businessman in Bargarh district on Tuesday. According to reports, two motorcycle borne miscreants looted Rs 4 lakh from Jogi Kar while he was on his way to deposit the cash in HDFC bank. “Some […]

RBI adds HDFC among banks 'too big to fail' with SBI, ICICI

Mumbai: The Reserve Bank of India (RBI) on Monday announced it has added private lender HDFC Bank to its list of “domestic systemically important banks” (D-SIBs) considered too big to fail. “In addition to the SBI (State Bank of India) and ICICI Bank, which continue to be identified as Domestic Systemically Important Banks (D-SIBs), the […]

Dhenkanal toy gun heist
Toy guns help miscreants loot Rs 4.8L from HDFC Bank

Dhenkanal: Four persons brandishing toy guns robbed the HDFC Bank branch located at Siminai under Dhenkanal Town police limits today afternoon. According to sources, the miscreants looted cash to the tune of Rs 4.8 lakh from the customers as well as the officials of the branch. “Four persons entered the bank between 12 noon and […]

SLI by HDFC Bank helping empower rural women

Bhubaneswar: Empowering rural women through its Sustainable Livelihood Initiative (SLI), HDFC Bank targets to disburse Rs 500 crore in Odisha this fiscal, nearly three-fold rise from that provided last year, to elevate the status of households. “SLI has so far empowered over 2.13 lakh women in the bottom of the pyramid in 1121 villages of […]

HDFC Bank to open 16 branches in Odisha by March-end

Private lender HDFC Bank today said it will open 16 more branches in Odisha by the end of March this year

icici bank
ICICI, HDFC Bank slash deposit rates by up to 50 bps

Two of the biggest private sector lenders ICICI Bank and HDFC Bank have effected a cut of up to 0.50 per cent in term deposit rates following tepid credit growth and ease in money market rates