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HDFC Bank Related news

HDFC Bank shines among peers, but is a duller version of its own past

HDFC Bank shines among peers, but is a duller version of its own past

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

Banks have turned risk averse, says HDFC chairman Deepak Parekh

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

HDFC cuts home loan rates by 0.1% starting today

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

How HDFC disrupted itself

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

HDFC Bank terminates, de-lists its GDRs from Luxembourg Stock Exchangef

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

HDFC to raise up to Rs 3,000 cr via bonds to augment long-term capital

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

HDFC Bank to hire 5,000 banking professionals, launches training programme

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

RBI penalises HDFC Bank for second time in four months

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

HDFC Bank shortlists three startups inDigital Innovation Summit

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.

HDFC cashback lunges Samsung Galaxy S10e deeper into OnePlus 6T territory

HDFC cashback lunges Samsung Galaxy S10e deeper into OnePlus 6T territory

Samsung on Saturday announced an offer in collaboration with HDFC Bank on its latest flagship series, the Samsung Galaxy S10. Buyers can get up to ₹14,000 cashback on purchase of Samsung Galaxy S10 devices.

The Samsung Galaxy S10e is available at an effective price of ₹46,900, thanks to an instant cashback of ₹5,000 as well as a cashback of ₹4,000 if the purchase is made using HDFC debit or credit card.

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