Business  /  Published 02.06.22

Trio raise lending rates

Three lenders raised the interest rates on their loans, a sign of a rising rate trajectory that will increase the EMIs for existing and new customers. HDFC has raised the retail prime lending rate (RP...
By Our Special Correspondent in Mumbai

Business  /  Published 01.06.22

HDFC to ramp up bank network

In the age of digital banking, HDFC Bank plans to aggressively expand its branch network. The country’s largest private sector lender is planning to add 1,500-2,000 branches annually over the n...
By Our Special Correspondent in Mumbai

Business  /  Published 25.05.22

Street cold to HDFC merger

Axis Mutual Fund has widened the scope of its investigation pertaining to allegations of irregularities against two fund managers, Amitabh Chaudhry, managing director and CEO of Axis Bank, said in an ...
By Our Special Correspondent in Mumbai

Business  /  Published 19.05.22

HDFC carves out rural banking

Largest private sector lender HDFC Bank on Thursday announced that it has carved out rural banking as a separate vertical and will be opening 1,060 branches in mofussil areas and semi-urban pockets as...

Business  /  Published 10.05.22

HDFC Bank ups rates

HDFC Bank has increased rates on its loan offerings by 0.25 per cent, joining its peers that have raised lending rates after the surprise tightening of the monetary policy by the RBI. The bank has hi...
By PTI in Mumbai


Business  /  Published 08.05.22

HDFC joins rate hike bandwagon

HDFC on Saturday hiked home loan rates for all customers by 30 basis points with effect from May 9. This comes after the hefty increase of 40 basis points in the policy repo rate by the Reserve Bank o...
By Our Special Correspondent in Mumbai

Business  /  Published 07.05.22

HDFC hikes lending rate

    Mortgage lender HDFC Ltd on Saturday announced an increase in its benchmark lending rate by 30 basis points (bps), a move that will make loans dearer for both existing and new borrower...
By Our Bureau, PTI in New Delhi

Business  /  Published 06.05.22

Exide profit jumps to Rs 4120 crore

A one-time gain from the sale of erstwhile subsidiary Exide Life Insurance to HDFC Life Insurance has boosted the standalone net profit of automotive and industrial battery maker Exide Industries for ...
By Our Bureau in Calcutta

Business  /  Published 03.05.22

HDFC board clears plan to raise funds

The board of HDFC on Monday approved a plan to  raise up to Rs 1,25,000 crore for which it will seek shareholders approval at its annual general meeting on June 30. “The board also approve...
By Our Special Correspondent in Mumbai

Business  /  Published 03.05.22

HDFC net up 16%, beats estimate

Housing Development Finance Corporation (HDFC) on Monday reported a 16.40 per cent rise in standalone net profit for the quarter ended March 31, 2022. Net profit of the mortgage lender rose to Rs 3,70...
By Our Special Correspondent in Mumbai


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