Indian bank stocks have lagged the broader market, with sluggish deposit growth raising concerns that more regulation may be coming
Folio growth powered by stellar performance and strategic distribution
HDFC MF exposure drops below 50%, ICICI MF at 20-month low
Setalvad says positive surprises may emerge on the rural consumption front amid favourable monsoon and a low base
Significant updates, include new Google Maps charges and revised HDFC Bank credit card regulations
HDB Financial Services Ltd. is in talks with a group of global and local banks to finalise the terms
NHCX is a single-window interface developed by the National Health Authority (NHA). It provides a secure platform and efficient exchange of health insurance claims data
Shares of the bank fell the most in a month on Friday after it reported flat sequential deposit performance in the quarter ended June
Move could lead to doubling of weight in MSCI index; over $3 bn of passive buying, says Nuvama report
The Flipkart board also comprises HDFC chief executive Keki Mistry and senior Walmart executives
Customers will have limited access to bank's services during the 13.5-hour upgrade
India's most valuable brands 2024: Tata Group nears $30 billion mark, Taj remains India's strongest brand, while HDFC's merger boosts brand to third position
Caller identification app Truecaller on Thursday said it has collaborated with general insurance company HDFC ERGO for an offering that aims to safeguard subscribers against digital communication frauds in India. Truecaller in a release said that amid rising cases of cyber fraud, the insurance offering underscores its commitment to combating fraud and ensuring user protection through advanced app features - before, during and after mobile communication. A recent report by the Indian Cyber Crime Coordination Centre revealed that digital financial frauds accounted for a staggering Rs 1.25 lakh crore over the last three years, the release noted. Announcing the collaboration with HDFC ERGO to offer this insurance for its subscribers, the release said the product will provide coverage up to Rs 10,000 to Android and iOS users across India. "The product is available to yearly premium subscribers of Truecaller and all existing customers can avail this protection for free under their existi
If a UPI transaction is made using Tata Neu UPI ID, customers will earn an additional 1 per cent back as NeuCoin
Tyagi, who currently serves as the deputy MD, joined the company in 2008
HDFC Life's Assets Under Management Cross Rs. 3 Lakh Crore
The Competition Commission of India (CCI) has cleared South Korea-based Shinhan Bank's proposed acquisition of an 11 per cent stake in HDFC Credila Financial Services. Part of the Shinhan Financial Group, Shinhan Bank Co Ltd is a multinational bank, which commenced operations in India in 1996. "The proposed combination relates to the acquisition of up to approximately 11 per cent shareholding by Shinhan Bank in HDFC Credila by way of subscription to shares of HDFC Credila," CCI said in a release on Tuesday. HDFC Credila Financial Services, is a Reserve Bank of India (RBI)-registered non-deposit taking non-banking financial company. It is primarily engaged in the business of providing education loans in India and overseas. In another release, the competition watchdog granted its approval to Matrix Pharma to acquire 100 per cent stake in Tianish Laboratories. The acquisition will be funded in part by an investment proposed to be made by the investors in optionally convertible debent
Both sides are looking to reach an agreement for a 20% stake in HDB Financial Services in about a month, the report said, citing people familiar with the matter
Companies often provide ex-gratia payments to maintain a positive public image or to demonstrate goodwill towards stakeholders
Largest private sector lender HDFC Bank on Wednesday inaugurated a branch in Lakshadweep's Kavaratti island. The bank becomes the first private sector lender to have a presence in Lakshadweep, according to a statement. The bank seeks to serve customers wherever they are and looks forward to serving the financial needs of individuals, families, and businesses in Lakshadweep, the bank's retail branch banking group head S Sampathkumar said. The branch was inaugurated by Captain Lovekesh Thakur, Commanding Officer, Indian Navy and K P Muthukoya, a well-known resident, in the presence of bank officials, the statement said.