Thu, Nov 07, 2024
The benchmark one-year tenor MCLR, which is used to price most consumer loans like auto and personal, has been retained at 9.45 per cent, according to the HDFC Bank website.
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Fri, Nov 01, 2024
This article compares three-year fixed deposit returns for Rs 3,00,000 investments at SBI, HDFC Bank, and ICICI Bank, highlighting interest rates and estimated returns for general and senior citizens.
Thu, Oct 31, 2024
Senior Citizen FD is a term deposit plan for individuals aged 60 and above. Here, we will compare the fixed deposits (FD) of 3 banks: State Bank of India (SBI), Punjab National Bank (PNB), and HDFC Bank to find out which FD will give the highest return to senior citizens on a Rs 5 lakh investment in the respective 3-year FDs.
Wed, Jun 01, 2022
According to an official statement, “HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 5 basis points, with effect from June 1, 2022.”
Thu, May 19, 2022
The HDFC bank on Thursday announced that it has carved out a Rural Banking function to penetrate deeper into India.
Tue, May 17, 2022
HDFC Home Loan on WhatsApp: HDFC's 'Spot Offer on WhatsApp' is a platform that will enable prospective borrowers to get an in-principle home loan approval instantly, the lender said in a statement.
Sat, May 07, 2022
According to the filing, “HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 30 basis points, with effect from May 9, 2022.”
Mon, May 02, 2022
While the net profit of HDFC on a consolidated basis surged 21.6 per cent during Q4 FY22 to Rs 6,892 crore, against Rs 5,669 crore in Q4FY21.
Sun, May 01, 2022
There is no change in the lending for new borrowers. The rates for new borrowers range between 6.70 per cent and 7.15 per cent, depending on credit and loan amount, the release said.
Fri, Apr 29, 2022
Sanjiv Bhasin said that May will be a great month for the stock markets and suggested investors to invest inequities in May to "make money".
Fri, Apr 22, 2022
The fall in stock prices of HDFC Ltd and HDFC Bank after the announcement of their merger was due to the lack of communication on the merits of the amalgamation on account of silent period ahead of quarterly results declarations, according to a senior executive.
Wed, Apr 20, 2022
The Indian domestic equity market extended losses for the fifth straight session as it witnessed huge selling pressure in closing hours amid volatility on Tuesday
Mon, Apr 18, 2022
Investors' wealth tumbled over Rs 3.39 lakh crore in morning trade on Monday as equity markets went into a tailspin, with the Sensex plunging 1,291.93 points.
Sat, Apr 09, 2022
Housing finance major HDFC Ltd on Friday divested a little over 3 per cent stake in Bandhan Bank, garnering Rs 1,522 crore, through an open market transaction.
Wed, Apr 06, 2022
Certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks.
Tue, Apr 05, 2022
HDFC Bank Ltd's Managing Director Sashidhar Jagdishan has said that the bank was ready to form a holding company for the merger or after the merger or with Housing Development Finance Corporation Limited HDFC, if there is a need.
Customers be it bank account holders, mortgage customers or insurance customers will benefit the most from the synergy resulting from HDFC Limited and HDFC Bank Limited merger, Vibha Padalkar, Managing Director & Chief Executive Officer at HDFC Life tells Zee Business in an interview with Anurag Shah.
In a mega merger, HDFC Limited will be amalgamated with HDFC Bank.
Mon, Apr 04, 2022
The customers will get the benefit of the merger. This mega merger (HDFC-HDFC Bank Merger) will improve the balance sheet of the bank. Corporate structure will also be better. Customers will get benefit. Bank branches will also sell HDFC products. Merger will give benefits of cross selling. Giving information about the mega merger, Deepak Parekh said that this merger is beneficial for both the companies. A strong company will be formed after the merger. New company innovative products will be available at competitive rates. The operational and proficiency of the bank will be used in a better way. Let us tell you, there will be no promoter in HDFC Bank after the merger. Will be 100 percent public holding company. The cost of funds will come down after the merger. That is, cheaper funds will be available to the bank. Customers can also get the benefit of this in the form of affordable products. The merger will bring down unsecured loans.
He said being an housing finance company, HDFC does not have priority sector loans mandate, and is not required to comply with statutory liquidity ratio or cash reserve ratio mandates for its liabilities.
India’s largest private sector bank – HDFC Bank has announced a transformational merger with its non-banking finance company promoter HDFC Limited on Monday.
The stocks markets were on fire on Monday driven by the news of a mega-merger between the largest Indian housing finance company HDFC Limited and the largest private lender HDFC Bank.
Shares of HDFC Bank were trading with over 13% gains after the company entered into an agreement to be merged with HDFC Ltd.
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