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Business  /  Published 26.12.19

Stocks on a slippery turf

Benchmark indices nursed losses for the third straight session on Thursday, led by selling in market heavyweights Reliance Industries and HDFC Bank amid expiry of December derivatives contracts.After ...
By TT Bureau in Mumbai

Business  /  Published 28.11.18

SBI select deposits gain

The State Bank of India on Wednesday hiked its fixed deposit rates by up to 10 basis points on select maturities, following its private sector rivals HDFC Bank and ICICI Bank, who had revised their ra...
By Our Special Correspondent in Mumbai

India  /  Published 05.12.19

CIC issues showcause notice to RBI

The Central Information Commission has issued a showcause notice to the Reserve Bank of India for not appearing before it in a matter pertaining to disclosure of inspection reports of HDFC Bank, calli...
By PTI in New Delhi

Business  /  Published 20.01.20

Poor results, crude spike pull down stocks

A disappointing set of results from some of the heavyweights amid higher crude oil prices on Monday dragged key indices lower with the benchmark BSE Sensex falling 416.46 points to end at 41528.91.Whi...
By Our Special Correspondent in Mumbai

Business  /  Published 03.03.20

Reliance Capital shares tank on default

Shares of Reliance Capital on Tuesday fell 3.72 per cent following a default in interest payment of Rs 5.47 crore to two lenders.On Monday, the Anil D Ambani firm had told the stock exchanges that it ...
By Our Special Correspondent in Mumbai

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Business  /  Published 19.06.19

Apollo Munich in HDFC family

HDFC is acquiring a majority stake in Apollo Munich Health Insurance Company for Rs 1,347 crore. Apollo Munich will subsequently be merged with the mortgage financier’s general insurance subsidiary ...
By Our Special Correspondent in Mumbai

Business  /  Published 06.06.19

Funds transfer relief

The Reserve Bank of India on Thursday said it has done away with charges on fund transfers through RTGS and NEFT routes to boost digital transactions and asked banks to pass on the benefits to custome...
By Our Special Correspondent in Mumbai

Business  /  Published 13.03.20

Bank trio, HDFC to buy shares

Three top private sector banks and mortgage behemoth HDFC have agreed to invest more than Rs 3,000 crore in Yes Bank, a shot in the arm for the RBI’s revival plan for the bank.ICICI Bank will inves...
By Our Special Correspondent in Mumbai

Business  /  Published 14.04.20

Covid-19 cloud over Q4 results

This earnings season which kicks off from Wednesday will give an indication of the impact of Covid-19 on industry. Analysts are keen to see whether companies give a guidance in the wake of the virus-i...
By Our Special Correspondent in Mumbai

Business  /  Published 12.04.20

China central bank holds 1% in HDFC

The People’s Bank of China (PBOC), the Chinese central bank, has taken a little over one per cent in HDFC, the country’s largest housing finance company.Shareholding data released by the corporati...
By Our Special Correspondent in Mumbai


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