Private sector bank major HDFC has opened its first all-women branch in north Kerala region in Kozhikode. The branch, located in Cherootty Road, the hub of traders in the district, will have 4 ...

The Competition Commission of India (CCI) has given its approval for the acquisition of Holcim’s stake in Ambuja and ACC by the Adani Group. In a tweet on Friday, the watchdog said it has approv...

HDFC has joined other lenders in raising its benchmark lending rate by 25 basis points, a move that will make loans dearer for both existing and new borrowers. The upward revision by the mortgage lend...

More banks are now hiking their lending rates after the RBI raised the policy repo rate last week by 50 basis points. HDFC Bank and IDFC First Bank have raised their marginal cost of funds-based lendi...

Mortgage lender DFC Ltd on Friday said it has raised $1.1 billion (around Rs 8,700 crore) from a clutch of investors under the ‘Syndicated Social Loan Facility’ to cater to the affordable ...

The Reserve Bank on Friday decided to expand the scope of the internal ombudsman framework by including Credit Information Companies (CICs) with a view to strengthening the grievance redressal system....

The nomination comes after Yes Bank raised $1.1 billion (around Rs 8,800 crore) as equity capital from Carlyle and Advent International. The private equity investors will each acquire up to a 10 per ...

HDFC, the country’s largest mortgage lender, on Saturday announced a hike in its retail prime lending rate (RPLR) that will make loans dearer for borrowers. “HDFC increases its RPLR on hou...

Veteran fund manager Prashant Jain has resigned as the chief investment officer of HDFC Mutual Fund. He will be replaced by Chirag Setalvad, appointed head equities, and Shobhit Mehrotra, head-fixed i...

HDFC Life will evaluate equity raising options to beef up solvency margins which at the end of the first quarter were at 178 per cent, closer to the regulatory requirement of 150 per cent. In the corr...