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India  /  Published 29.09.19

Deepak Parekh on real estate sector growth

Making a strong case for supporting developers to help them come out of crisis, eminent banker Deepak Parekh said the government incentives have helped the affordable housing sector gain traction but ...
By PTI in New Delhi

Business  /  Published 06.11.18

HDFC Bank raises deposit rates

Signalling tightening of rates, HDFC Bank on Tuesday raised interest rates on deposits by up to 0.5 per cent for various tenors, while state-run Bank of Baroda hiked lending rates by 0.1 per cent. In ...
By PTI in New Delhi

Business  /  Published 25.04.20

HDFC picks up 6.43% in Reliance Cap

Mortgage lender HDFC on Saturday disclosed that it has acquired a 6.43 per cent stake in Reliance Capital by invoking pledged shares.These shares were acquired pursuant to an invocation of pledge by a...
By Our Special Correspondent in Mumbai

Business  /  Published 07.01.19

Bandhan Bank buys Gruh Finance

Bandhan Bank is acquiring Gruh Finance through a share-swap deal that will see the promoter stake in the Calcutta-based lender falling to 61 per cent. An exchange ratio of 568 shares of Bandhan Bank f...
By Our Special Correspondent in Mumbai

Business  /  Published 02.12.19

HDFC Bank hit by snag

Customers of HDFC Bank on Monday could not access their net banking and mobile banking apps for several hours, with the lender blaming it on a “technical glitch”.HDFC Bank is the country’s large...
By Our Special Correspondent in Mumbai

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Business  /  Published 14.03.19

Mixed impact of RBI currency swap move

RBI’s move to infuse liquidity through a dollar rupee swap action had its impact on the markets with financial stocks gaining even as government security prices witnessed some softness on apprehensi...
By Our Special Correspondent in Mumbai

Business  /  Published 27.01.20

HDFC profit rises

HDFC, the country’s largest housing finance company, on Monday reported a near four-fold growth in standalone net profit at Rs 8,372.5 crore for the December quarter of 2019 against Rs 2,113.8 crore...
By Our Special Correspondent in Mumbai

Business  /  Published 29.11.19

Sensex tumbles 336 points

Market benchmark BSE Sensex tumbled 336 points on Friday as investors turned jittery ahead of GDP data release, snapping its two-day record-setting streak.After plummeting 466 points during the sessio...
By PTI in Mumbai

India  /  Published 26.02.20

Sensex falls 400 points

Market benchmark Sensex plunged nearly 400 points in opening session on Wednesday tracking losses in index-heavyweights RIL, HDFC twins and ICICI Bank amid heavy foreign fund outflow and weak global c...
By PTI in Mumbai

Business  /  Published 01.10.18

Home, other loans turn costlier

Home loans are set to turn costlier with lenders such as the State Bank of India, ICICI Bank and Kotak Mahindra Bank and housing finance company HDFC raising the lending rates by 5-10 basis points on ...
By Our Special Correspondent in Mumbai


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