HDFC Bank: News

Top 8 Indian firms lose ₹1.7L crore in market cap

Eight of India's top 10 most valued companies witnessed a massive loss in market capitalization last week. The total loss stood at nearly ₹1,65,180.04 crore.

16 Nov 2024

Bank of Baroda

Want a loan? Check out interest rates from leading banks

Several Indian banks, including State Bank of India (SBI), Bank of Baroda, HDFC Bank, and IDBI Bank have announced an increase in their marginal cost-based lending rates (MCLR) for certain tenures this month.

02 Nov 2024

Business

HDFC Bank's UPI services to be unavailable on these days

HDFC Bank has announced that its Unified Payment Interface (UPI) service would be temporarily suspended for two days in November.

Niva Bupa Health Insurance's ₹2,200 crore IPO opens November 7

Niva Bupa Health Insurance Company, one of India's leading private health insurers, has announced its ₹2,200 crore initial public offering (IPO).

HDFC Bank's NBFC arm files for ₹12,500 crore IPO

HDB Financial Services, the non-banking financial company (NBFC) subsidiary of HDFC Bank, has filed for an initial public offering (IPO) of up to ₹12,500 crore ($1.49 billion).

27 Oct 2024

Bharti Airtel

Market cap of India's top 9 companies plunges ₹2L crore

Nine of India's top 10 most valued companies have witnessed a massive erosion in their market valuation last week. The total loss stands at an eye-watering ₹2,09,952.26 crore.

20 Oct 2024

ICICI Bank

Market cap of 4 of India's most-valued firms surges ₹81,151cr

Four of India's top 10 most valued companies saw their combined market capitalization skyrocket last week.

HDFC Bank's Q2 results: Net profit rises to over ₹16,800cr

HDFC Bank has reported a 5% year-on-year (YoY) increase in its net profit for the second quarter of FY25, reaching ₹16,821 crore.

13 Oct 2024

ICICI Bank

India's top 7 firms lose ₹1.22L crore in market valuation

Last week, seven of India's top 10 most valued firms saw a massive dip in their combined market valuation.

Repo rate unchanged: How it impacts your home loan EMI?

The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% for the 10th consecutive time.

08 Oct 2024

IDBI Bank

SEBI greenlights NSDL's ₹3,000 crore IPO

The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) of National Securities Depository Limited (NSDL).

06 Oct 2024

Infosys

Nine of India's top 10 firms lose ₹4.75 lakh crore

Nine out of India's 10 most valuable companies experienced a significant drop in their market valuation last week, with a total loss amounting to nearly ₹4.75 lakh crore.

27 Sep 2024

Business

HDFC Bank sells ₹15,060 crore loan assets amid regulatory pressures

HDFC Bank has sold a housing loan portfolio worth ₹6,000 crore and car loans valued at ₹9,060 crore. The move is part of the bank's strategy to reduce its credit load amid regulatory pressures on the industry.

25 Sep 2024

Akhilesh Yadav

Lucknow: HDFC Bank employee dies at work; colleagues blame stress

An HDFC Bank employee in Lucknow, Sadaf Fatima, died after falling off her chair while working in the office on Tuesday.

24 Sep 2024

Business

HDFC Bank plans to offload ₹70,000cr loan assets, shares surge

HDFC Bank's shares witnessed a 1.25% increase today, following news of the bank's intention to sell loan assets worth ₹60,000-₹70,000 crore.

22 Sep 2024

ICICI Bank

Market cap of India's top 6 companies climbs ₹1.97L crore

Six of India's top 10 most valued firms, experienced a significant increase in their combined market valuation last week, adding ₹1.97 lakh crore to their worth.

16 Sep 2024

ICICI Bank

UPI transaction limit increased to ₹5L lakh for these categories

The National Payments Corporation of India (NPCI) has announced an increase in the transaction limit for certain Unified Payments Interface (UPI) payments, including tax payments.

15 Sep 2024

Bharti Airtel

Market cap of top 9 companies jumps ₹2L crore

Nine out of the top 10 most valued Indian companies, experienced a significant increase in their market capitalization last week.

RBI warns HDFC Bank on recovery practices, fines ₹1 crore

The Reserve Bank of India (RBI) has imposed a fine of ₹1 crore on HDFC Bank for violating guidelines concerning the behavior of recovery agents.

Your EMIs on loans from HDFC Bank may go up

HDFC Bank has announced an increase in the marginal cost of funds-based lending rate (MCLR) for a three-month tenure by five basis points.

04 Sep 2024

ICICI Bank

India to have 200M credit cards by 2029

India's credit card industry is on a rapid growth trajectory, with projections indicating that the number of cards will reach 200 million within five years.

01 Sep 2024

LPG Cylinder

LPG price-hike, credit card rules: Key financial changes this September

As we step into September, several significant developments are set to impact personal finances.

22 Aug 2024

Asia

What makes this Gujarati rural area Asia's richest village

Madhapar, a seemingly ordinary village nestled on the outskirts of Bhuj in Gujarat, India, holds a surprising distinction—it's considered the richest village in Asia.

22 Aug 2024

Finance

You can now avail loans in 6 minutes on ONDC

The Open Network for Digital Commerce (ONDC) has ventured into the financial services market with a fully digital and paperless credit offering.

04 Aug 2024

Bharti Airtel

India's top 8 companies lose ₹1.28L crore in market cap

Eight of India's top 10 most valued firms, witnessed a significant drop in their market capitalization (mcap) last week, resulting in a combined loss of ₹1.28 lakh crore.

01 Aug 2024

Mutual Funds

August 2024: Key financial changes that will impact you

August 2024 brings several significant financial changes that will affect individual taxpayers, non-life insurance policyholders, and credit card users in India.

20 Jul 2024

Business

HDFC Bank's Q1FY25 results: Net profit surges 35% to ₹16,175cr

HDFC Bank, the largest private sector lender in India, has reported a significant 35% year-on-year (YoY) increase in net profit for the quarter ending June 2024 (Q1FY25).

05 Jul 2024

Stock Market

Sensex closes below 80,000 mark, Nifty ends flat near 24,325

On Friday, major indices of the stock market ended flat with the Sensex settling at 79,996.60 points and the Nifty closing at 24,323.85 points.

05 Jul 2024

CIPLA

Sensex, Nifty break gaining streak; HDFC Bank tanks nearly 5%

On July 5, benchmark indices Nifty and Sensex ended their two-day gaining streak, with the Sensex falling by 0.57% to 79,590 and the Nifty slipping by 0.44% to 24,194.

04 Jul 2024

Stock Market

Sensex closes at 80,050 points, Nifty settles above 24,300 mark

On Thursday, the stock market ended on a sluggish note as the Sensex settled at 80,049.67 points after opening at a fresh record high of 80,300.

04 Jul 2024

Federal Reserve

Sensex reaches fresh record high, opens above 80,300

The S&P BSE 30 share benchmark index, also known as the Sensex, opened at an unprecedented high of over 80,300 on Thursday morning.

03 Jul 2024

Nifty

Sensex crosses 80,000 for first time; Nifty hits record high

On July 3, India's benchmark indices, the Sensex and Nifty, reached unprecedented heights due to positive global cues.

02 Jul 2024

Business

HDFC Bank downtime alert: Over 12-hours outage on July 13

HDFC Bank has announced a system upgrade scheduled for Saturday, July 13, as communicated to its customers via email.

23 Jun 2024

ICICI Bank

M-cap of HDFC, ICICI, and Infosys soars by ₹1.06L crore

In the previous week, the combined market capitalization of three leading firms in India saw a significant increase of ₹1,06,125.98 crore.

19 Jun 2024

Stock Market

Sensex closes at 77,337 points, Nifty settles above 23,500 mark

On Wednesday, the stock market closed on a flat note. The Sensex settled at 77,337.59 points, and Nifty ended at 23,521.6 points.

13 Jun 2024

Apple

TCS, HDFC Bank, Airtel, Infosys among world's top 100 brands

Four major Indian companies have occupied positions on the list of the 100 most valuable brands globally this year, per Kantar BrandZ Most Valuable Global Brands 2024 report.

09 Jun 2024

Bharti Airtel

Market valuation of top Indian firms skyrockets by ₹3.28 trillion

Eight of India's most valued domestic firms collectively added ₹3.28 lakh crore to their market valuation last week, led by Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries.

02 Jun 2024

Bharti Airtel

M-cap of top firms plummet, Reliance Industries suffers major loss

Last week, eight out of the 10 most valued companies in India, saw a significant drop in their combined market capitalization, amounting to a total loss of ₹2,08,207.93 crore.

30 May 2024

Stock Market

Sensex falls over 600 points, Nifty settles below 22,500 mark

On Thursday, the stock market witnessed a downward trend as the Sensex and Nifty indices closed on a negative note.

27 May 2024

Sensex

Sensex, Nifty scale fresh all-time highs: What's driving the rally

Indian blue-chip indices, the Sensex and Nifty 50, achieved new record highs on Monday fueled by positive global market cues and continued investor optimism.

24 May 2024

Business

HDFC Bank launches 'PIXEL' virtual credit cards: Know benefits

HDFC Bank has introduced 'PIXEL Play' and 'PIXEL Go,' marking the debut of India's first fully digital credit cards.

24 May 2024

Stock Market

Sensex closes at 75,410 points, Nifty settles near 22,960 mark

On Friday, major indices of the stock market, the Sensex and the Nifty, ended flat.

21 May 2024

ICICI Bank

Infinix GT 20 Pro debuts at ₹25,000: Check full specs

Infinix has introduced the GT 20 Pro, the newest addition to its gaming-centric GT series, in India.