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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

Business  /  Published 19.10.19

HDFC Bank net profit up 27%

HDFC Bank on Saturday beat Street estimates to post a 27 per cent growth in its standalone net profit in the September quarter despite a rise in provisions.Net profits at the private sector lender cam...
By Our Special Correspondent in Mumbai

Business  /  Published 26.05.20

Sensex rallies over 400 points

Equity benchmark Sensex rallied over 400 points in early trade on Tuesday led by gains in index-heavyweights HDFC twins, ITC and Reliance Industries amid positive cues from global markets.After touchi...
By PTI in Mumbai

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 23.10.18

HDFC Life Q2 net profit up 20%

HDFC Standard Life Insurance Company on Tuesday reported a 20.3 per cent rise in net profit on the back of improvement in the gross premium income.Net profit for the quarter ended September was Rs 286...
By A Staff Reporter in Calcutta

Business  /  Published 29.04.20

Sensex gains 300 points

Equity benchmark Sensex surged over 300 points in opening trade on Wednesday led by buying in index-heavyweights HDFC twins and positive cues from Asian peers.After hitting a high of 32,431.20, the 30...
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

Business  /  Published 16.07.19

How HDFC disrupted itself

Vision for HDFC Bank 2.0 After an 18-hour flight back, Aditya went straight to his office to hold a meeting as he wanted to “kick everyone’s ass” and prepare them for disruption.Around 20 peopl...
By Tamal Bandyopadhyay in


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