HDFC cuts retail prime lending rate by 10 bps
Posted on 15th October 2019 |
.jpg) |
Mortgage major Housing Development Finance Corporation on Monday reduced its retail prime lending rate (RPLR) on housing loans by 10 basis points, making loans cheaper for all its existing customers. The RPLR, on which its adjustable rate home loans are benchmarked, would be reduced by 10 basis points from October 15, 2019, according to a press statement. New rates offered by the lender will now range from 8.25% to 8.65%. |
|
|
HDFC Bank shines among peers, but is a duller version of its own past
Posted on 10th October 2019 |
.jpg) |
There is no doubt that investors love HDFC Bank Ltd. The island of safety the stock offered during the past three volatile weeks is a reflection of the private sector lender’s strong balance sheet. Its exposures to major troubled assets are a shadow of its peers and it seems HDFC Bank made all the right decisions in lending. After all, its gross bad loans totalled just ₹11,769 crore as of June quarter. |
|
|
Banks have turned risk averse, says HDFC chairman Deepak Parekh
Posted on 3rd August 2019 |
.jpg) |
A day after Larsen & Toubro (L&T) chairman AM Naik raised concerns of challenging times for the private sector, Housing Development Finance Corporation (HDFC) chairman Deepak Parekh took a similar stand, saying banks have turned risk averse and that there is a distinct slowdown in the economy. “The challenge today is risk aversion. Banks are reluctant to lend. |
|
|
HDFC cuts home loan rates by 0.1% starting today
Posted on 1st August 2019 |
.jpg) |
HDFC, India's largest non-bank home financier, has reduced its lending rates by 0.10% across tenures for both existing and new borrowers with effect from August 1. Keki Mistry, vice chairman and chief executive officer, HDFC Ltd told DNA, "Liquidity in the system has improved which is giving room to bring down the lending rates." |
|
|
How HDFC disrupted itself
Posted on 18th July 2019 |
.jpg) |
Aditya (Puri) decided to travel to California to take a close look at the disruptions that were being discussed. In September 2014, Mastercard Inc., a leading global payments and technology company that connects consumers, business, merchants, issuers and governments around the world, organised the trip for Aditya, then chairperson of its advisory committee for the Asia-Pacific region. |
|
|
HDFC Bank terminates, de-lists its GDRs from Luxembourg Stock Exchangef
Posted on 16th July 2019 |
.jpg) |
Private sector lender HDFC Bank Tuesday said it has terminated and de-listed its global depository receipts (GDRs) from the Luxembourg Stock Exchange due to low trading volume. “….Subsequent to July 15, 2019, the listing and admission to trading of the GDRs on the Luxembourg Stock Exchange will be cancelled,” HDFC Bank said in a regulatory filing. |
|
|
HDFC to raise up to Rs 3,000 cr via bonds to augment long-term capital
Posted on 11th July 2019 |
.jpg) |
New Delhi: HDFC Ltd will raise up to Rs 3,000 crore by issuing bonds on a private placement basis to shore up its long-term capital needs.,p>The 'HDFC Series V-006 11th July, 2014' secured redeemable non-convertible debentures will have an issue size of Rs 2,000 crore with an option to retain oversubscription up to Rs 3,000 crore, HDFC said in a regulatory filing. |
|
|
HDFC Bank to hire 5,000 banking professionals, launches training programme
Posted on 4th July 2019 |
.jpg) |
For all those who are looking for jobs in banks, there is some good news for them. Private sector lender HDFC Bank is looking to hire 5,000 professionals in next 2-3 years. On Wednesday, HDFC Bank along with Manipal Global Academy of BFSI has launched a future bankers programme for training and grooming candidates and a job opportunity at the private sector lender on completion of the course. |
|
|
RBI penalises HDFC Bank for second time in four months
Posted on 19th June 2019 |
.jpg) |
Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on HDFC Bank for non-compliance of Know Your Customer (KYC) norms and anti-money laundering (AML) norms, and for failure to report frauds. The RBI on February 12, 2019, had imposed a penalty of Rs 20 lakh on the bank for similar charges. |
|
|
HDFC Bank shortlists three startups inDigital Innovation Summit
Posted on 13th May 2019 |
.jpg) |
HYDERABD: HDFC Bank on Monday said three start-ups from the city - Loop Reality, BluSapphire and Appnovation Technology - were declared winners at its regional Digital Innovation Summit (DIS). According to a press release from HDFC Bank WorkApps, a start up from Pune was the fourth winner picked by the bank after the one-day event held here. |
|
|
|
|
|
|
|
|
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
