Jul 14, 2020 10:37 AM IST On Monday, news agency PTI reported that HDFC Bank has launched a probe into its auto lending practices following allegations against the conduct of a long-time executive who retired on March 31 this year.
Jul 14, 2020 09:40 AM IST The allegations pertain largely to the professional conduct which raises issues about possible conflicts of interest, sources said, stressing the quality of the bank's auto loan book is strong.
Jul 13, 2020 10:18 PM IST The allegations pertain largely to the professional conduct which raises issues about possible conflicts of interest, sources said, stressing the quality of the bank's auto loan book is strong.
Jul 12, 2020 03:00 PM IST While RIL, TCS, HDFC Bank, Hindustan Unilever Limited, Infosys and HDFC witnessed a jump in their valuation, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank finished with losses.
Jul 10, 2020 07:23 PM IST These five banks-- HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank--collectively control a quarter of the system and three-fourths of the private banking space, according to a report by India Ratings on Friday.
Jul 08, 2020 02:26 PM IST HDFC Bank Managing Director Aditya Puri took home a total remuneration of Rs 18.9 crore in the fiscal year 2019-20, according to the latest annual report released by the bank which is around 38% higher than the previous financial year.
Jul 06, 2020 02:45 PM IST The new facility has been availed at significantly favourable terms demonstrating the considerably improved risk profile of the project post achievement of CoD (Date of Commercial Operation).
Jul 06, 2020 12:35 PM IST The bank said that its advances had grown 21 percent year-on-year (YoY) in the April-June quarter to Rs 10,04,500 crore, compared to Rs 8,29,700 crore in the year-ago period. In Q4 FY2o advances stood at Rs 9,93,700 crore.
Jul 05, 2020 03:06 PM IST During the past week, the 30-share BSE Sensex advanced 850.15 points, or 2.41 percent. Tata Consultancy Services and Reliance Industries emerged as the biggest gainers in terms of market value.
Jul 05, 2020 02:25 PM IST The Bank’s CASA ratio stood at around 40 percent as of June 30, 2020, as compared to 39.7 percent in the year-ago and 42.2 percent at the end of March 2020.
Jul 03, 2020 02:33 PM IST Dolat Capital is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated July 02, 2020.
Jul 03, 2020 11:01 AM IST The pandemic shock is likely to make HDFC Bank even mightier as it is set to gain more clout amid the virus induced chaos
Jul 01, 2020 10:47 AM IST Motilal Oswal is bullish on HDFC Bank recommended buy rating on the stock with a target price of Rs 1250 in its research report dated June 29, 2020.
Jun 29, 2020 03:06 PM IST The plan is on the agenda of the bank's annual general meeting on July 18.
Jun 25, 2020 12:55 PM IST The wage disparity between the public and the private sectors, however, is not limited to banks.
Jun 24, 2020 07:45 PM IST In a letter to the stakeholders, Puri wrote, "Let us, however, remember that the darkest hour is always just before the dawn, and that dawn is not far away. Be it in riding out the health crisis or recovering from the financial losses that many have suffered, faith and hope are our biggest allies. But let us also accept that life has perhaps changed forever."
Jun 21, 2020 01:55 PM IST Reliance Industries became the first Indian company to cross the Rs 11 lakh crore market valuation-mark on June 19 after Chairman Mukesh Ambani announced that his oil-to-telecom conglomerate had become net debt-free.
Jun 19, 2020 06:10 PM IST The tie-up will enable customers to avail of loans through Click to Buy platform without the need to visit HDFC Bank branch, HMIL said in a statement.
Jun 19, 2020 04:26 PM IST The growth in digital payments in India is being led by UPI and card payments, with lenders like HDFC Bank leading from the front.
Jun 18, 2020 04:45 PM IST It can be noted that the economy is widely expected to contract in FY21, with some analysts pegging the GDP to decline by 5 percent. The entire first quarter has been a washout due to the continuing lockdowns with only essential services being allowed to operate.
Jun 18, 2020 02:51 PM IST Macquarie believes worries about large-scale retail defaults are exaggerated.
Jun 17, 2020 08:59 PM IST The Mumbai-headquartered lender's country head for consumer finance Parag Rao said changes in lifestyle due to aspects like lockdowns and work from home has created additional demand for items such as television sets, laptops, Wi-Fi routers and even vacuum cleaners, which the bank is funding at present.
Jun 15, 2020 09:57 AM IST The nearest contender to break Puri’s record is Kotak Mahindra Bank’s promoter and CEO, Udaky Kotak, who has completed 17 years as bank chief. Kotak is the chief executive of the bank since 2004.
Jun 13, 2020 09:05 PM IST Bharucha is among the names speculated to succeed outgoing CEO Aditya Puri, whose term is to end in October this year.
Jun 07, 2020 06:32 PM IST The 'Instant Account App' was launched in late April, when there was strict lockdown across the country.
