In the letter to staff, CEO Sashi Jagdishan lists initiatives such as infra scalability, strengthening monitoring its Data Centre, and improving firewalls
A fresh Covid wave can potentially disrupt the recovery of businesses hurting some sections of HDFC Bank's loan book, analysts say
The Nifty Pharma index was the only index that ended in thee green, up 0.17 per cent
Having faced multiple episodes of digital banking glitches in the last two years, HDFC Bank has embarked on a 'Technology Transformation Agenda' to provide safe and secure banking services
ICICI Lombard General Insurance Company reported 23 per cent YoY rise in net profit at Rs 346 crore for March quarter 2020-21
Ehile cheque returns in April have risen slightly, it this does not necessarily point to a trend, say bank officials
The lender's board of directors decided against declaring any dividend for FY21 in light of the second coronavirus wave
The net interest income of the lender rose 12.6% in Q4FY21 to Rs 17,120 cr
Q4 earnings: Despite a moderated YoY growth in loan book, HDFC Bank continues to outperform industry, resulting in market share gain
Overall, the Nifty Bank, Pharma, Metal, IT, Financial Services, and Private Bank indices ended up to 1.4 per cent higher
The board of Aditya Birla Capital has approved an initial public offer of its asset management business, Aditya Birla Sun Life AMC
Analysts believe that the truer impact of Covid-19 as regards NPAs could be visible in the quarter even as banks may be tempted to remain prudent due to the second wave of coronavirus
Stocks like SBI and Bank of Baroda can expect a surge of over 5 per cent in coming sessions.
India's largest private sector lender said in a regulatory filing its domestic retail loans in Q4FY21 grew by 7.5% YoY
Vent frustration on social media; bank has faced similar issues in the past
Trai said the enforcement of its regulations was vital because the delivery of non-compliant messages allowed fraudulent miscreants to conveniently misuse the message delivery
The norms require bonafide entities sending commercial text messages to register message header and templates with telecom operators
HDFC Bank's MSME book grew 30 per cent year-on-year to cross the Rs 2-trillion-mark as of December-end, mainly boosted by the pandemic-induced ECLG scheme under which it disbursed over Rs 23,000 crore
Most large MFs remained underweight on banking and overweight on capital goods
Retail loan growth at 9.1 per cent for February 12 fortnight is the weakest so far; Nifty Bank index is up 60 per cent in six months