Page 27 - Hdfc Bank

Aim is to create one HDFC Bank in every four years: CEO Sashi Jagdishan

The bank will set up a grievance committee to hear the concerns of anyone who wishes to air their woes

Mistry, Karnad to join HDFC Bank board, CFO Rangan to be executive director

The merger of HDFC with HDFC Bank created a banking behemoth with a market cap of $180 billion - the fourth largest bank in the world

HDFC Bank starts rebranding HDFC Ltd offices, branches after merger

HDFC Bank started rebranding offices of erstwhile HDFC Ltd with its colours on Saturday, on the first day of operations as a merged entity. Branding at all over the 500 offices and branches of the home loan major started getting the HDFC Bank look from Saturday morning onwards, officials said. The entire exercise of changing the look at HDFC Ltd's offices and branches is slated to take about 24 hours, they said, adding that HDFC Ltd's corporate headquarters at Ramon House is among the places where the branding has already been changed. HDFC Ltd, the parent of the country's largest private sector lender, merged into HDFC Bank on Saturday, with boards of both the entities clearing the plan first presented on April 4 last year. HDFC Ltd, the largest pure-play home financier, ceases to exist 44 years after it was founded. Sashidhar Jagdishan, the managing director and chief executive of the HDFC Bank, is slated to address a townhall later in the evening. Over 3,500 employees of HDFC ha

Top headlines: HDFC-HDFC Bank merger, OMCs and discounts on Russian crude

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HDFC posts 9% year-on-year growth in managed assets till June-end

The loans outstanding that qualify as priority sector loans under banking norms stood at about Rs 1.1 trillion, HDFC said in filing with BSE

Home loan pioneer finds a new home: HDFC journey will complete on July 1

The journey will complete on July 1, 2023, the date on which the merger with HDFC Bank comes into effect

Deepak Parekh passes the baton to 'Sashi' with 'hope and anticipation'

Parekh also touched upon the issue of work culture, which is seen as a crucial piece in any merger

HDFC Bank will preserve 'HDFC way of working' after merger: Deepak Parekh

Parekh said that the cross-selling of assets and liabilities of HDFC's home loan business will be done 'seamlessly' through their digital platforms.

Sensex & Nifty hit record high on Dalal Street

A wonderful Wednesday for Dalal Street as markets touch fresh life-time highs! The benchmark indices the S&P BSE Sensex hit a record high of 64,000-mark, while Nifty50 claimed an all-time high. >

HDFC twins near 52-week highs ahead of Board meet; stocks up 4% this week

Shares of HDFC Bank and HDFC Ltd gained 2 per cent each in Friday's intra-day trade ahead of their Board meeting to finalise merger date

Homegrown bank giant bigger than Morgan Stanley to arise from India merger

The tieup of HDFC Bank & Housing Development Finance Corp creates a lender that ranks 4th in equity m-cap, behind JPMorgan Chase, Industrial and Commercial Bank of China and Bank of America Corp

TCS on global credit cards: HDFC Bank says clearing real-time checks tough

Working with industry, quickly building internal systems to facilitate LRS reporting, says lender

HDFC-HDFC Bank merger: The story behind success of housing finance behemoth

In a press conference on June 27, HDFC's chairman Deepak Parekh said that the board of these two companies will meet on June 30 to finalise the merger and it will be effective on July 1

Stocks to Watch: SBI, HDFC twins, JSW Steel, Vedanta, TCNS, ITC, ABFRL

Stocks to watch on June 28, 2023: HDFC said the announced dates for its merger into HDFC Bank are tentative and subject to completion of certain formalities; JSW Steel could replace HDFC in Sensex

LIVE: Supertech promotor RK Arora arrested by ED in money laundering case

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RBI relaxes restrictions on HDFC Credila over on-boarding of new customers

The RBI had also asked for the shareholding of HDFC Bank in HDFC Credila to be brought down to 10% on or before March 31, 2024, the company said in the filing

HDFC Bank stock to see inflow of $29 million on NSE rebalancing: Nuvama

HDFC Bank's weight in the Nifty Bank index may rise from the current 26.3 per cent to 27.3 per cent

HDFC, HDFC Bank merger effective July 1; HDFC shares delisting on July 13

Deepak Parekh said that HDFC Bank has assured them that "each and every employee of HDFC under age of 60" will be absorbed and their salaries will not be reduced

Behind Credila's success on education loan turf

Education finance is a complex and dynamic sector. There are too many variables - the course, the calibre of students, the universities, and the job prospects once the course is over

Regulator IRDAI approves transfer of HDFC Life shares to HDFC Bank

HDFC announced a $40 billion deal last year to merge with the top private lender