Page 46 - Hdfc Bank
Apple offers Rs 7000 off on iPhone 14 series in festival sale: Details here
Apple's offer is applicable for single or multiple items with a minimum order value of Rs 41,900 and can be availed by HDFC credit card users or American Express card users
 "Apple offers Rs 7000 off on iPhone 14 series in festival sale: Details here")
SBI least efficient in Asia-Pacific due to high cost-to-income ratio: Study
State-owned lender had the highest cost-to-income ratio, according to S&P Global Market Intelligence
 "SBI least efficient in Asia-Pacific due to high cost-to-income ratio: Study")
Stocks to Watch: Wipro, SBI, Reliance, SpiceJet, PNB, Sugar, Asian Hotels
Stocks to Watch Today: In the F&O space, Ambuja Cements, Can Fin Homes, Delta Corp, Escorts, PVR and RBL Bank are in F&O ban period on Thursday.
 "Stocks to Watch: Wipro, SBI, Reliance, SpiceJet, PNB, Sugar, Asian Hotels")
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.
 "HDFC Bank signs multi-year data and technology deal with Refinitiv")
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
 "Bank, crypto apps under attack: Everything you must know about SOVA virus")
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
 "The big plastic bonanza: 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
 "TCS becomes India's most valuable brand in 2022, says Kantar BrandZ report")
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
 "SBI joins Rs 5-trillion market cap club; stock surges 26% in three months")
State-owned lenders raise MCLR, month after third repo rate hike
RBI has increased benchmark policy rate by 140 bps cumulatively since May
 "State-owned lenders raise MCLR, month after third repo rate hike")
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
 "HDFC Bank issues e-BG, AEBC appoints Sanjay Khanna as CEO, and more")
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
 "Banks jump on the ONDC bandwagon to draw synergy from the 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.
 "SBI sells largest AT-1 tranche at lowest rate for any bank so far this year")
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%
 "HDFC Bank hikes MCLR by 10 bps across loan tenures, effective Sep 7")
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.
 "Stocks to Watch: Adani Group, Fertilisers, HDFC Bank, Canara Bank, Suzlon")
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's Rs 3,000-crore AT1 bonds get FY23's best rate at 7.84%")
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