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...

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...

HDFC Bank on Saturday reported a 19 per cent growth in net profit for the quarter ended June 30 on higher core income and lower provisions. Net profits came in at Rs 9,195.99 crore against Rs 7,729.6...

HDFC Bank on Monday said it has got banking sector regulator RBI's nod for the merger proposal of its parent HDFC Ltd with itself. Touted as the biggest transaction in India's corporate histo...