India News
Search Web Directory
HDFC Bank Related news
HDFC Bank’s loan advances in Q1 are three times more than Modi’s PSU bank recap budget; find out more
Posted on 9th July 2018
HDFC Bank’s loan advances are up nearly Rs 7.09 lakh crore as of June 30 this year compared to Rs 5.8 lakh crore in the corresponding period last year and Rs 6.5 lakh crore as of March 2018, Bank said in the filing. It is more than three times of Rs 2.11 lakh crore what the government last year had announced for bank recapitalisation plan of state-owned lenders weighed down by bad loans. The deposits aggregated nearly Rs 8.6 billion at June end.

HDFC Bank most valuable bank in the emerging market outside China
Posted on 6th July 2018
HDFC Bank has gone past Russia's Sberbank to become the most valuable bank in the emerging market outside China. HDFC Bank’s current market capitalisation is $78.4 billion against Sberbank's $74.4 billion.

Chinese banks are leading the pecking order in the emerging market, with Industrial & Commercial Bank of China topping the list with a market cap of $273.4 billion, followed by China Construction Bank ($225.1 billion).

HDFC to launch $600-m housing fund, NIIF may commit $100 million
Posted on 30th June 2018
Mortgage lender HDFC is set to launch a $600-million equity fund, targeting investments in middle income, urban and affordable housing. Of the total corpus, the National Infrastructure Investment Fund (NIIF) is in talks with HDFC to commit $100 million.

To be managed by its real estate investment advisory arm HDFC Capital Advisors, this will be the lender’s second equity fund in the housing space.

HDFC Bank may rely on Indian market for $2.3 billion share sale
Posted on 18th June 2018
Mumbai: HDFC Bank Ltd, the world’s most expensive major lender, is considering relying entirely on the Indian market for a share sale that could raise as much as Rs 15,500 crore ($2.3 billion), people with knowledge of the matter said.

The Mumbai-based bank is weighing seeking all the capital through a qualified institutional placement in India, rather than its usual practice of splitting the fund-raising between an offering of local stock and a sale of American depositary receipts, according to the people.

Posted on 15th June 2018
A day after getting the Government’s nod to raise up to Rs 24,000 crore capital, private sector lender HDFC Bank on Thursday said it will use the funds to grow in semi-urban and rural pockets.

“The additional capital will go a long way in supporting our growth plans over the next few years, especially in semi-urban and rural India,” its deputy managing director Paresh Sukthankar said in a video message.

HDFC 5th biggest consumer financial services company globally: Forbes
Posted on 14th June 2018
Housing finance major HDFC has been ranked as the 5th biggest public company globally in the 'consumer financial services category' on a list compiled by Forbes magazine.

American Express has topped this category, while Indiabulls Housing Finance is the only other Indian company (at 13th place) on the list.

Microsoft-GitHub deal: Impressed by Satya Nadella, GitHub preferred Microsoft over going public
Posted on 4th June 2018
Microsoft Corp. has agreed to acquire GitHub Inc., the code repository company popular with many software developers, and could announce the deal as soon as Monday, according to people familiar with the matter. GitHub preferred selling the company to going public and chose Microsoft partially because it was impressed by Chief Executive Officer Satya Nadella, said one of the people, who asked not to be identified discussing private information.

HDFC Bank falls nearly 5% from its intra-day's high
Posted on 4th June 2018
Shares of HDFC Bank have slipped by 2.5% at Rs 2,058 per share, falling 4.6% from their early morning high on the National Stock Exchange (NSE), after more than 10-million equity shares changed hands on the counter through multiple block deals.

Till 10:17 am; around 13.41 million equity shares representing 0.63% of total equity of HDFC Bank have changed hands on the NSE, the exchange data shows.

HDFC Bank recognized for best practices in payment security
Posted on 1st June 2018
Mumbai: HDFC Bank has once again been recognized with the Champion Security Award at the 14th Visa Asia Pacific Security Summit.

For the second time in a row, the bank has won the award in the India and South Asia category. The Award is a mark of excellence reflecting leadership in risk management and payment security performance.

HDFC Bank offers instant loans against mutual funds
Posted on 24th May 2018
MUMBAI: In a move that will enable its customers with mutual fund investments to get instant credit, HDFC Bank has tied up with CAMS (Computer Age Management Services) — a registrar and transfer agent — to provide automated loans against units. Arvind Kapil, head of unsecured loans and home loans at HDFC Bank, said that he expected rapid growth as the bank has automated the loan process which could be availed by account holders through desktop or mobile banking.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Most Read News

Life insurers' premium growth doubles in first quarter, says Irdai

Amazon Prime day sale: Samsung Galaxy Note 8 at Rs 41,990 and other deals you need to know

Vedanta offers Rs 2,500 cr for GMR’s Chhattisgarh thermal power plant

LIC board gives approval to acquire 51% stake in debt-ridden IDBI Bank

Ashok Leyland slumps 14% on demand worries

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
About us
Link to us
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2018
    All Rights Reserved
Privacy Statement