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HDFC Bank Related news

HDFC Bank issues alert for customers against bank frauds: here's how to stay safe

HDFC Bank issues alert for customers against bank frauds: here's how to stay safe

In the wake of recent fradulent transactions, HDFC Bank has issued an alert to its customers asking them to stay safe. Recently, many incidents of bank frauds have ben reported across the country. In many of these instances, customers unknowingly shared their sensitive banking information with third parties under impression they are calling from their respective banks.

With the growing usage of online and mobile banking, customers are given thorough guidelines from the respective banks so they can develop a habit of safe and secure banking.

HDFC Bank hikes short-term MCLRs by 5 bps

HDFC Bank hikes short-term MCLRs by 5 bps

HDFC Bank on Friday hiked its marginal cost of funds lending rate (MCLR) to 8.40%, 8.45% and 8.55% for the one, three- and six-month tenures, respectively. The hike for all buckets was 5 basis points. HDFC Bank has hiked its short-term MCLR rates consecutively for the past four months.

However, the private sector lender left the benchmark one-year MCLR unchanged at 8.70%.

HDFC Bank restores old version of its app for users: Here's why it was taken down before

HDFC Bank restores old version of its app for users: Here's why it was taken down before

HDFC Bank has restored the old version of its app for Android users as well as for Apple App customers. HDFC Bank had earlier taken down its mobile banking app as it was not working smoothly with some servers.

The HDFC Bank mobile provides access to services like savings accounts, fixed deposits, debit cards, credit cards, demat accounts among other functions to the customers.

HDFC Bank surges nearly 3% post Q2 results

HDFC Bank surges nearly 3% post Q2 results

Shares of HDFC Bank climbed as much as 2.78 per cent in the intra-day deals on Monday to Rs 2,020.45 apiece on BSE after the lender reported a 20.6 per cent rise in its net profit at Rs 50.05 billion for the second quarter ended September this fiscal, as the core income grew at a healthy pace.

The bank had registered a net profit of Rs 41.51 billion in the July-September quarter of 2017-18.

HDFC Bank net up 20.6% to Rs 50 bn in Sep quarter; gross NPAs rise 1.33%

HDFC Bank net up 20.6% to Rs 50 bn in Sep quarter; gross NPAs rise 1.33%

Private lender HDFC Bank on Saturday reported a 20 per cent increase in its net profit to Rs 50.05 billion during the quarter ended September.

The bank's performance was in line with estimates, especially with healthy growth in the net interest income. The private sector lender had registered a net profit of Rs 41.51 billion in the July-September quarter of 2017-18 (FY18).

HDFC puts out notice to auction family house of Sanjay Chandra

HDFC puts out notice to auction family house of Sanjay Chandra

New Delhi: As their real estate empire crumbles, Chandras of Unitech may even lose their family home to lenders. Mortgage lender HDFC has put out notices to auction Sanjay Chandra’s house in the upmarket Hauz Khas area in South Delhi.

Unitech managing director Sanjay Chandra grew up in the Mayfair Garden house in Hauz Khas where his mother ran a clinic.

HDFC earns Rs 787 crore from stake sale in mutual fund arm during September quarter

HDFC earns Rs 787 crore from stake sale in mutual fund arm during September quarter

Mortgage lender HDFC Ltd Wednesday said it earned Rs 787 crore from selling stake in the initial public offer (IPO) of HDFC Asset Management Company Ltd. During the September quarter, the proceeds from the stake sale in the IPO of HDFC Asset Management Company after “net of expenses and tax stood at Rs 787 crore”, it said in a filing to the stock exchanges.

On Teacher’s Day, Paytm’s Vijay Shekhar Sharma heaps praises on HDFC Bank’s Aditya Puri; here’s what he said

On Teacher’s Day, Paytm’s Vijay Shekhar Sharma heaps praises on HDFC Bank’s Aditya Puri; here’s what he said

Heaping praises on HDFC Bank CEO, Paytm’s Vijay Shekhar Sharma said that he hoped to acquire just 10% of Aditya Puri’s cast banking knowledge. “I think HDFC is the defining bank of this country. No other bank has lead the space for so many decades. Mr Puri is the most jovial banker I know, talking to him is like learning life lessons beyond financial lessons. I wish I learn just 10% of banking from him, as much he knows,” Vijay Shekhar Sharma told in an interview to ET Now.

HDFC plans special situations fund to invest in stressed realty projects

HDFC plans special situations fund to invest in stressed realty projects

Bengaluru: Housing Development Finance Corp. Ltd (HDFC), India’s largest mortgage lender, is setting up a new venture to raise capital for a special situations fund that will invest in stressed projects in real estate. HDFC, which will be a sponsor to the fund, is in talks with investors to raise capital through the alternative investment fund (AIF) route.

HDFC Bank launches 15,500 crore share sale

HDFC Bank launches 15,500 crore share sale

Mumbai: HDFC Bank Ltd, India’s biggest private sector lender, has launched a share sale to raise up to ₹15,500 crore from domestic and foreign institutional investors. The fundraiser will comprise a mix of a qualified institutional placement (QIP) and American depository receipts (ADR), the company informed stock exchanges. Only domestic institutional investors will participate in the QIP.

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