Page 37 - Hdfc Bank

HDFC Bank signs multi-year data and technology deal with Refinitiv

HDFC Bank will get comprehensive access to Refinitiv's data and products under the agreement, enabling cost savings across several bank divisions, the companies said in a joint statement.

Bank, crypto apps under attack: Everything you must know about SOVA virus

A new version of the Trojan virus, SOVA, has reportedly targeted over 200 mobile banking and crypto apps and is stealing their login credentials, and cookies

The big plastic bonanza: Credit cards business is booming like never before

Defying the after-effects of pandemic-related pay cuts and job losses, the credit cards business is booming like never before

Banks alert customers about mobile banking malware targeting over 200 apps

This malware captures the credentials when users log into their net-banking apps and access bank accounts

TCS becomes India's most valuable brand in 2022, says Kantar BrandZ report

TCS replaces HDFC Bank, which held the number one spot since 2014

SBI joins Rs 5-trillion market cap club; stock surges 26% in three months

At 09:42 AM, with a market cap of Rs 5.03 trillion, SBI stood at seventh place in the overall market cap ranking of companies, BSE data shows

State-owned lenders raise MCLR, month after third repo rate hike

RBI has increased benchmark policy rate by 140 bps cumulatively since May

HDFC Bank issues e-BG, AEBC appoints Sanjay Khanna as CEO, and more

This is a transformational change, and the Bank will migrate to eBG to benefit all its customers, the bank said

Banks jump on the ONDC bandwagon to draw synergy from the network

Nine banks have picked up stake in the Open Network for Digital Commerce (ONDC) network

HDFC Bank raises Rs 3,000 crore from bonds to fund business growth

Private sector lender HDFC Bank on Thursday said it has mobilised Rs 3,000 crore from bonds to fund business growth. The bank issued and allotted bonds to investors on a private placement basis on Thursday, HDFC Bank said in a regulatory filing. These unsecured, subordinated, fully paid-up, non-convertible, Basel III compliant perpetual debt would carry a coupon rate of 7.84 per cent, it added.

Stocks to Watch: NDTV, Dr.Reddy's, IndiGo, SBI, Zee, Consumer Firms

Stocks to Watch Today: NDTV open offer to start from October 17. IndiGo's co-promoter Rakesh Gangwal likely to sell up to 2.8 per cent stake in open market.

SBI sells largest AT-1 tranche at lowest rate for any bank so far this year

The bank had notified an amount of Rs 7,000 crore to be raised through a single tranche of AT-1 bonds in order to augment capital.

HDFC Bank hikes MCLR by 10 bps across loan tenures, effective Sep 7

Second rate hike in two months by lender after RBI's rate setting committee hiked benchmark repo rate by 50 bps to 5.4%; new MCLR at 7.90-8.40%

Stocks to Watch: Adani Group, Fertilisers, HDFC Bank, Canara Bank, Suzlon

Stocks to Watch on Tuesday: Government may look to privatise PSU fertiliser companies; Adani Group in an attempt to allay fears of being overleveraged, said the firms have reduced debt over the years.

HDFC Bank's Rs 3,000-crore AT1 bonds get FY23's best rate at 7.84%

Canara Bank plans Rs 1,500-2,000 cr AT1 sale; Axis Bank, too, mulls fundraise

HDFC Bank, SBI AT-1 rates set to influence pricing of other issuances

The bonds will have a call option from the fifth year onwards and are rated AA+ by CRISIL, CARE and India Ratings, sources said

HDFC Bank targets nearly Rs 1-trillion deposit mop-up every quarter

In the recent roadshows, the bank's management sounded confident of its ability to deliver both loan growth as well as deposit growth, a report by Macquarie Research said on Monday

HDFC Bank, Precision Bio to test applications under RBI's sandbox scheme

HDFC Bank and Precision Biometric India have been selected by the Reserve Bank for testing their 'on tap' retail payments applications under the regulatory sandbox scheme, the central bank said on Monday. Regulatory sandbox (RS) refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may permit certain relaxations for the limited purpose of the testing. The regulatory sandbox allows the regulator, innovators, financial service providers and customers to conduct field tests to collect evidence on the benefits and risks of new products and systems. The RBI announced the opening of the 'On Tap' application facility for the theme 'Retail Payments' under the regulatory sandbox in October last year. The product 'Offline Retail Payments' by HDFC Bank (in partnership with Crunchfish AB) provides the capability for customers and merchants to pay and receive payments in offline mode, the RBI said in a release. The solution aims to

HDFC Bank to open 207 branches in Maharashtra, hire more than 3,000

The smart banking lobbies will be set up in 16 districts and will be operational 24 hours and 7 days

HDFC Bank partly recoups market share in credit card spends lost to embargo

RBI data shows that the bank has 28.4% market share in spends as of July, up 190 bps since last August. Pre-embargo, its share was 30.67%