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Business  /  Published 20.07.19

HDFC Bank profit up 21%

HDFC Bank, the country’s largest private lender, on Saturday met analysts’ estimates when it reported a 21 per cent rise in profit for the first quarter ended June 30. Net profits at the private l...
By Our Special Correspondent in Mumbai

Business  /  Published 11.04.19

Fixed maturity plans slide

The failure of some mutual funds to redeem their fixed maturity plans (FMPs) has severely dented their status as alternatives to fixed deposits. Two major fund houses — HDFC Asset Management and Kot...
By Our Special Correspondent in Mumbai

Business  /  Published 29.10.18

Extension for Puri at HDFC Bank

The RBI has approved the re-appointment of Aditya Puri as the managing director and CEO of HDFC Bank till October 2020.“The RBI, vide its letter dated October 22, has accorded its approval to HDFC B...
By Our Special Correspondent in Mumbai

Business  /  Published 02.06.20

Ratings axe on India Inc top guns

India Inc on Tuesday had to suffer a rash of rating downgrades by Moody’s following the rating agency downgrading the country’s sovereign rating for the first time in 22 years.Moody's Investors Se...
By Our Special Correspondent in

Business  /  Published 20.05.20

Sensex surges 622 points

 Equity benchmark Sensex rallied 622 points on Wednesday, propelled by gains in index-heavyweights HDFC twins and Reliance Industries despite weak cues from global markets.The 30-share index sett...
By PTI in New Delhi

Business  /  Published 23.09.19

Sensex soars over 1,300 points

Extending its euphoria over the government's economy-boosting measures, equity benchmark BSE Sensex soared over 1,300 points to reclaim the 39,000 mark in early session on Monday, driven by gains in i...
By PTI in Mumbai

Business  /  Published 01.11.18

HDFC Bank top wealth creator

HDFC Bank has pipped TCS to be the top wealth creator at a time many of its financial sector peers have become wealth destroyers on account of bad loans. Accoding to the “Motilal Oswal 23rd Annual...
By Our Special Correspondent in Mumbai

Business  /  Published 05.05.20

SBI Life sets aside Rs 60 crore

SBI Life Insurance on Tuesday said that its has made an additional provision of Rs 60 crore over and above policy level liabilities on account of the Covid19 pandemic.The life insurer which declared i...
By A Staff Reporter in Calcutta

Business  /  Published 20.10.18

HDFC Bank profit up 21%

HDFC Bank on Saturday reported numbers that were in line with expectations. Its net profit for the second quarter ended September 30, 2018 rose 21 per cent to Rs 5,005.73 crore on the back of a strong...
By Our Special Correspondent in Mumbai

Business  /  Published 20.04.19

HDFC Bank net profit up 23%

HDFC Bank on Saturday met Street estimates when it reported a 23 per cent growth in net profits for the March quarter. Net profits of the private sector lender rose to Rs 5,885.1 crore from Rs 4,799.2...
By Our Special Correspondent in Mumbai


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