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Business  /  Published 01.05.22

HDFC hikes floating loan rates

Mortgage lender HDFC on Sunday raised its retail prime lending rate (RPLR) on which its adjustable-rate home loans (ARHL) are benchmarked by five basis points. The revision will become effective from ...
By Our Special Correspondent in Mumbai

Business  /  Published 27.04.22

HDFC Life to raise Rs 350cr

The board of directors of HDFC Life Insurance on Tuesday approved a plan to raise Rs 350 crore through non-convertible debentures in the nature of subordinated debt instruments in one or more tranches...
By A Staff Reporter in Calcutta

Business  /  Published 21.04.22

Abu Dhabi arm stake in HDFC Capital

A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) is picking up a 10 per cent stake in HDFC Capital for Rs 184 crore. Set up in 2016, HDFC Capital is a wholly owned subsidiary of...
By Our Correspondent in Mumbai

Business  /  Published 19.04.22

HDFC Bank to expand in Bengal

HDFC Bank has laid out a plan to expand in Bengal by taking its branch network to 300 by 2022-23. The bank is also looking to add more ATMs and scale up retail lending through expos and fairs. &ldquo...
By A Staff Reporter in Calcutta

Business  /  Published 19.04.22

Sensex plunges 1172 points

The article on “State of the Economy”, published in the April 2022 RBI Bulletin, said India has crested the third wave of the pandemic with economic activity returning to speed in several ...
By Our Bureau in Mumbai

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Business  /  Published 17.04.22

HDFC Bank Q4 profit rises

HDFC Bank on Saturday met Street estimates when it posted a 23 per cent growth in net profits for the quarter ended March 31. The country’s largest private sector lender recorded a net profit of...
By Our Special Correspondent in Mumbai

Business  /  Published 13.04.22

Nayara pays for Russia links

HDFC Bank and some foreign banks have stopped offering trade credit for oil imports to Nayara Energy, a Russian-backed refiner, and some suppliers are seeking payment upfront to avoid potential proble...
By Reuters in Mumbai, Bangalore, New Delhi

Business  /  Published 12.04.22

KKR stake in Shriram insurance

KKR, the global investment firm, is acquiring a 9.99 per cent stake in Shriram General Insurance Company (SGI) for around Rs 2,000 crore. SGI is a joint venture between Shriram Capital, the holding c...
By Our Special Correspondent in Mumbai

Business  /  Published 09.04.22

Card-less cash at ATM

In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawal through ATMs. Card-less cash withdrawal through ATMs is a permitted mode of trans...
By PTI in Mumbai

Business  /  Published 08.04.22

Investors on edge ahead of RBI policy call

Titan led the list of losers with its share cracking 3.24 per cent as investors expressed their disappointment over its business data for the January-March period. It was followed by the HDFC twins, P...
By Our Special Correspondent in Mumbai


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