THESE two banks closing down their special senior citizen fixed deposit (FD) schemes from October 1, 2022

HDFC and IDBI Banks have announced to shut down their respective special fixed deposits schemes for senior citizens on October 1. Most of the lenders began the scheme during the beginning of Covid-19, now some have been closing down these schemes.
#HDFC #News #Business #PersonalFinance


6 days ago

Stock Market Sectors: Stock market update: Sugar stocks down as market falls - The Economic Times

The 30-share BSE Sensex was down 690.25 points at 58429.47 at around 10:19AM. Power Grid Corporation of India (down 3.02%), Mahindra & Mahinedra (down 2.93%), IndusInd Bank (down 2.6%), Kotak Mahind Bank(down 2.64%), HDFC(down 2.59%), Axis Bank(up 2.38%), UPL Ltd(down 1.82%) and Bajaj Finance (down 1.77%) were
#BSESensex #News #Business #Markets


6 days ago

Three of top-10 firms lose Rs 1.22 lakh cr in market capitalisation; TCS, Infosys among biggest laggards

The combined market valuation of three of the 10 most valued domestic firms fell by Rs 1,22,852.25 crore last week. Reliance Industries retained its numero uno position, followed by TCS, Hindustan Unilever, ICICI Bank, state bank of India, HDFC, Bajaj Finance and Adani Transmission.
#RelianceIndustries #News #Business #Markets


3 weeks ago

HDFC leads credit card market while SBI tops chart in debit card market

The largest bank in the nation, maintained its leadership position in the debit card market and HDFC Bank in the credit card market as of June 2022. The two banks have a 5% market share combined, according to the latest data compiled by PGA Labs.
#HDFC #News #Business #Markets


1 months ago

On volatile day, indices manage small gains amid weakness in global bourses

The 30-share climbed 54.13 points or 0.09 per cent to settle at 59,085.43. IndusInd Bank topped the gainers chart with a jump of 2.86 per cent, followed by NTPC, Larsen & Toubro, ICICI Bank, Power Grid, HDFC, Kotak Mahindra Bank, and Asian Paints.
#IndusIndBank #News #Business #Markets


1 months ago

Mcap of five of top-10 firms declines ₹30,737.51 cr last week BusinessLine

Five of the top-10 valued firms together lost ₹30,737.51 crore in market valuation last week. In the holiday-shortened week, the Sensex advanced 183.37 points or 0.30 per cent. Reliance Industries remained the most valued company, followed by TCS, Infosys, Hindustan Unilever, HDFC, and HDFC.
#Sensex #News #Business #Markets


1 months ago

M-cap of five of top 10 firms declines Rs 30,737.51 cr, RIL biggest loser

Five of the top-10 valued firms together lost Rs 30,737.51 crore in market valuation last week. In the holiday-shortened week, the Sensex advanced 183.37 points or 0.30 per cent. HDFC Bank, Infosys, Hindustan Unilever, HDFC and Life Insurance Corporation of India were the gainers.
#Sensex #News #Business #Markets


1 months ago

HDFC Securities joins hands with Equitas Small Finance Bank to offer demat, trading services

Stock broking company HDFC Securities has partnered with Equitas Small Finance Bank to provide its clients with a demat account and broking investment services. The partnership will offer its customers a “3-in-1″ account for accessing the services of HDFC. The bank's customers would be able to open their demat and trading accounts.
#HDFCSecurities #Finance #Investing


2 months ago

HDFC sells shares of Ansal Housing to recover dues

Mortgage lender HDFC Ltd said it has sold a portion of the shares of Ansal Housing. Housing construction company failed to pay its loan dues. Details about HDFC's loan exposure to Ansal were not provided. Stock of HDFC closed at ₹2,217.05 apiece on BSE, up by 0.57 per cent from previous close.
#HDFCLtd #BSE #Finance #CreditLending #Loans


2 months ago

HDFC bank releases Q1 results, posts 21% jump in net profit at Rs 9,579 crore

Deposit growth came in at 19.2 percent, the bank said, adding that it added 2.6 million liability relationships during the quarter. Core net interest income grew 14.5 percent to Rs 19,481.4 crore from the year-ago quarter's Rs 17,009 crore.
#HDFC #Finance #BusinessIndustrial


2 months ago

HDFC Bank Q1 net profit jumps 21% to ₹9,579 crore

HDFC Bank Q1 net profit jumps 21% to ₹9,579 crore. Total income came in at � 41,560 crore on a standalone basis. Total expenditure increased to � 26,192 crore from � 21,634 crore, HDFC bank said.
#HDFCBank #Finance #Banking #BusinessIndustrial


2 months ago

India's HDFC Bank's April-June profit rises 19% on year

India's largest private lender, HDFC Bank Ltd, said its net profit for the three months to June rose 19% from the same period a year earlier. Provisions for bad loans dropped and loan growth picked up, the lender said in a regulatory filing. Mumbai-based HDFC is India's first lender to report first-quarter results.
#HDFCBankLtd #India #Finance #CreditLending #Loans


2 months ago

PFRDA gives nod to HDFC, HDFC Bank merger proposal

HDFC Bank on July 15 said it has received pension fund regulator PFRDA nod for merger proposal of its parent HDFC Ltd with itself. The proposed merger has already got approval from both stock exchanges — BSE and NSE and Reserve Bank of India. Touted as biggest transaction in India's corporate history, HDFC on April 4 agreed to take over biggest domestic mortgage lender in a deal valued at about $40 billion.
#HDFCBank #India #BusinessIndustrial #News #BusinessNews


2 months ago

Duo steals ₹5.82 lakh cash from ATM in Pune

Two unidentified persons steal ₹5.82 lakh in cash from a HDFC bank ATM located in Maratha Kranti chowk, Talegaon Dabhade on Wednesday night. The thieves entered the ATM around 2 am, sprayed black paint on CCTV cameras and opened the machine from its backside. The theft was noticed on Thursday morning when locals visited the ATM to withdraw money.
#HindustanTimes #TalegaonDabhade #LawGovernment #PublicSafety


2 months ago

Stocks bounce back after 4-day decline; FMCG, auto shares shine

The 30-share BSE barometer climbed 344.63 points or 0.65% to settle at 53,760.78. Among Sensex constituents, Hindustan Unilever, Titan, Maruti, Larsen & Toubro, HDFC, Mahindra, Nestle and Bharti Airtel were the major gainers. Foreign institutional investors turned net buyers in the capital market on Thursday.
#Sensex #BSE #BusinessIndustrial #News #BusinessNews


2 months ago

Sensex climbs 239 points as markets rebound amid firm global trends

The 30-share BSE benchmark was trading 239.3 points higher at 53,753.45. The broader NSE Nifty climbed 74.7 points to 16,041.35. Sun Pharma, Dr Reddy's Lab, HDFC, Larsen & Toubro and ITC were the prominent gainers.
#SunPharma #BSE #BusinessIndustrial #Finance #Investing


2 months ago

Stock, Share Market News Today: Sensex falls 372 points, Nifty ends at 15,967-mark

Sensex, Nifty, Share Prices Today: The benchmark equity indices on the BSE and NSE ended over 0.5 per cent lower. IndusInd Bank, Bharti Airtel, HDFC twins – Housing Development Finance Corporation and HDFC Bank, Reliance Industries and Tata Consultancy Services were the top losers on Wednesday.
#Sensex #BusinessIndustrial #News #BusinessNews


2 months ago

Sensex down 341 points in early trade amid weak global markets

The 30-share BSE benchmark opened on a weak note and declined 340.76 points to 54,054.47 in initial trade. The broader NSE Nifty dipped 72.65 points to 16,143.35. Among the Sensex constituents, Tata Steel, Titan, HDFC, UltraTech Cement, Nestle, Bajaj Finance and ICICI Bank were the major laggards.
#Sensex #Finance #Investing #BusinessIndustrial


2 months ago

Top Headlines: RBI awaits data for HDFC merger, UK cabinet change & more

The (RBI) is yet to grant dispensations for the proposed merger of Housing Development Finance Corporation (HDFC) with Bank. UK named new Health Secretary and Finance Minister shortly after Health Secretary Sajid Javid and Chancellor of the Exchequer tendered their resignation.
#SajidJavid #RBI #LawGovernment #Government #CourtsJudiciary


2 months ago

HDFC twins' merger: RBI awaits more data to decide on dispensation request

The (RBI) is yet to grant dispensations for the proposed merger of Housing Development Corporation (HDFC) with Bank. The banking regulator has issued a no-objection letter to the lender. The central bank will have to look at more data before deciding whether the relaxations can be granted by India’s largest private sector lender.
#RBI #India #Finance #Banking #CreditLending


2 months ago