Jul 05, 2021 11:06 PM IST
The bank's CASA (current account savings account) deposits grew 20 per cent, with the share of CASA increasing by 3.72 percentage points to 45 per cent in overall deposits during 2020-21.
- Aug 27, 2020 02:40 PM IST
The banks have learnt their lesson after the last crisis, they are not going to be in a lending hurry, said Amitabh Chaudhry, MD, Axis Bank.
- Jul 21, 2020 03:25 PM IST
HDFC Bank Managing Director Aditya Puri took home a total remuneration of Rs 18.9 crore in FY20
- Dec 02, 2019 06:45 PM IST
The new product is targeted at those who can deliver a "relationship value" of over Rs 5 crore, as against the earlier Rs 30 lakh under the five-year-old old product.
- Jul 30, 2019 09:09 PM IST
Axis Bank added Rs 994 crore to its contingency provisioning pool in the April-June quarter, taking the total provisioning over and above the required norms to Rs 2358 crore.
- Jul 11, 2019 07:17 PM IST
Chaudhry said that promoters of NBFCs that are in need of capital should look at bringing in equity infusion without further delay.
- Apr 28, 2019 05:16 PM IST
While Axis Bank managed to go back to making profits, YES Bank slipped in red and posted its biggest quarterly loss ever.
- Apr 24, 2019 09:57 PM IST
Focus is now on new leaders who will set the stage for rest of their tenures, as the two banks gear up to unveil their fourth quarterly performance this week.
- Apr 20, 2017 09:12 AM IST
While a final nod is expected from the Attorney General of India in the next few weeks, multiple regulatory approvals will be required before the merger is put to effect.
- Sep 29, 2016 12:34 PM IST
After ICICI Prudential received remarkable valuations, he is confident that other insurance companies will also follow suit. He expects SBI Life to also be listed very soon.
- Jul 20, 2016 07:56 AM IST
Company's total premium collection was up by 15 per cent at Rs 3,217 crore during April-June period of 2016-17, it said in a regulatory filing.
- Jan 27, 2016 09:39 PM IST
India has immense potential as an insurance market. But it needs some serious support from the government if that potential is to be achieved, starting with more tax incentives for buying personal insurance policies. That's the crux of the insurance sector's wish list for Budget 2016.
- May 03, 2015 04:27 PM IST
The insurer has sought relief against a decision of IRDAI asking it to refund Rs 275 crore to all its policyholders who had bought its Dhanraksha Plus policy in the past
- Mar 12, 2015 02:11 PM IST
After the passage of Insurance Bill in Lok Sabha, there is a buzz it will manage to pass the Rajya Sabha test as well.The assumption has already led to a fair bit of excitement in the market.
- May 31, 2013 04:48 PM IST
HDFC Life, India's leading long-term life insurance solutions provider has been honored with 2012 Excellence in Practice citation by the American Society for Training & Development (ASTD) for 'Improving First Level Sales Manager Productivity,' in the Sales Enablement category.
- Oct 01, 2012 10:15 PM IST
Amitabh Chaudhry, MD & CEO, HDFC Life in an interview to CNBC-TV18 explains the key issues that were discussed and the higlihghts of the finance minister's interaction with the captains of insurance sector.
- May 04, 2011 12:59 PM IST
HDFC Standard Life Insurance Company, a leading Indian private insurer, expects to break even in fiscal 2012, helped by a rise in premium incomes and reduction in operating expenses, its Chief Executive Amitabh Chaudhry said on Wednesday.
- Jan 10, 2011 04:05 PM IST
The USD 53 bn insurance industry had a dream run between 2005 and 2010 of registering CAGR of 33%. The scene suddenly chanced in the last few months with the insurance regulator (IRDA) ushering new guidelines for the popular ULIP schemes. Given the situation, what does the future look like? That is our talking point today.