The proposed loan portfolio sales, with terms yet to be finalised, would take place through a debt instrument known as pass through certificates, the people added
The RBI had conducted a statutory inspection of bank with reference to its financial position as of March 31, 2022, based on supervisory findings of non-compliance with the central bank's directions
o celebrate the first anniversary of the Marriott Bonvoy HDFC Bank Credit Card, Marriott Bonvoy is offering discounts on dining and spa treatments at over 100 participating hotels across India
Move comes after review of the partnership from cost-to-income perspective; the bank is gearing up for surge in business during the festive season
Subscribers can get health insurance for themselves and families at premiums starting Rs 20 per day
HDFC Bank will use a rare debt instrument known as pass-through certificates to sell loan portfolios worth up to Rs 10,000 crore ($1.2 billion)
InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.
Service will enable easy digital payments; bank will collaborate with educational consultants and aggregators
Mumbai-based HDFC's wealth business has about 800 relationship managers serving customers in about 100 cities and towns
Take a look at the current personal loan rates and charges from some well-known banks
Analysts, on their part, are of the view that long-term investors could continue to hold the stock
HDFC Bank, India's top private lender and the heaviest stock in the benchmark NSE Nifty 50, will see an increase in its weightage, triggering potential inflows of $1.8 billion, Pagaria said
HDFC Bank MSCI rebalance news: MSCI has announced that the weight of HDFC Bank will be gradually increased, in two tranches, to full weight of 1
Says focused on creating personalised experience for customers
Sashidhar Jagdishan, MD & CEO of HDFC Bank, was highest paid banker in India in FY23
Starting from September 1, 2024, there will be a cap of 2,000 reward points per calendar month on utility transactions for HDFC Bank credit card users
These updates will impact various types of transactions and fees for credit card holders
The bank has indicated that it will grow its advances slower than its deposits to bring down its elevated credit-deposit ratio
For deposits below Rs 3 crore, HDFC Bank has increased the interest rates by 20 basis points for tenors of 35 months and 55 months
It will offer 7.35% and 7.40% on fixed deposits below Rs 3 crore for 35 months and 55 months tenors