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Five of top 10 firms add Rs 31,381 crore to m-cap

Sunday, October 21, 2018, 9:58 PM

Five of top 10 firms add Rs 31,381 crore to m-cap

Five of the 10 most valued companies in the country together added Rs 31,381.39 crore in market valuation last week, with ITC topping the chart. While HUL, ITC, Infosys -3.09 %, Kotak Mahindra Bank 1.95 % and ONGC saw addition in their market capitalisation (m-cap) for the week ended Friday, TCS, RIL, HDFC Bank -0.35 %, HDFC and SBI finished with losses.

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Retail lending rate raised by HDFC by 10 bps

Monday, October 1, 2018, 5:23 PM

Retail lending rate raised by HDFC by 10 bps

HDFC Monday increased its retail prime lending rate (RPLR) by 10 basis points with immediate effect, ahead of the Reserve Bank's monetary policy announcement. The new rates vary from 8.80 to 9.05 per cent on various slabs of loans. Punjab National Bank had increased its benchmark lending rates for short-term loans by up to 0.2%, effective Monday.

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AMC stocks tumble on expense ratio cut

Thursday, September 20, 2018, 9:00 AM

AMC stocks tumble on expense ratio cut

The cut in the total expense ratio by the Securities and Exchange Board of India (Sebi) has thrown the share price of two listed asset management companies (AMC) in a jittery. HDFC Asset Management Company and Reliance Nippon Life Asset Management have seen a massive decline in their stock prices on Wednesday.

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HDFC Bank sends 250 summons via Whatsapp and emails to close cheque

Monday, September 17, 2018, 5:22 PM

HDFC Bank sends 250 summons via Whatsapp and emails to close cheque

In order to settle cases faster, the HDFC Bank has sent nearly 250 summons to customers through WhatsApp and e-mail in cheque bounce related cases. A majority of these have been sent on e-mail. The move is aimed at dealing with customers who deny having received any summons at all if sent through post.

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Sensex cracks 350 pts on profit-booking, weak global cues

Monday, September 17, 2018, 10:30 AM

Sensex cracks 350 pts on profit-booking, weak global cues

The benchmark BSE Sensex sank over 350 points in early trade Monday after two-sessions of gains as investors cashed profits in consumer durables, banking, oil & gas and PSU stocks, amid fresh weakness in the rupee and weak-global-cues. The BSE 30-share barometer dropped 366.52 points, or 0.96%, to 37,724.12 driven by losses in index majors Axis Bank, SBI, Asian Paint, Tata-Motors, HDFC and HDFC-Bank.

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Killed HDFC VP murder accused was under pressure to pay bike EMI

Tuesday, September 11, 2018, 12:33 PM

Killed HDFC VP murder accused was under pressure to pay bike EMI

Sarfaraz Shaikh, who was arrested for allegedly killing 39-year-old HDFC Bank Vice President Siddharth Sanghvi, told Mumbai Police he plotted to rob the executive because he was under pressure to pay his bike's EMI. Shaikh stabbed Sanghvi and slit his throat after he refused to give money. Sanghvi's body was found four days after he went missing on September 5.

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Decomposed body of HDFC VP found near Kalyan

Monday, September 10, 2018, 5:40 PM

Decomposed body of HDFC VP found near Kalyan

Five days after the 39-year-old HDFC banker went missing, his body was found near Kalyan yesterday. Siddharth Sanghvi, the VP of the private bank, was possibly murdered owing to professional rivalry, said cops, adding four more people were detained yesterday. A cab driver, who was arrested on Sunday, revealed about their involvement. Though a case has been registered, murder sections will be added later.

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HDFC raises lending rate by 20 bps

Thursday, August 2, 2018, 10:17 PM

HDFC raises lending rate by 20 bps

Housing Development and Finance Corp (HDFC) today announced increasing its lending rates by 0.20% points, a day after the RBI hiked the policy rate. “HDFC has increased its RPLR, on which its Adjustable Rate Home Loans are benchmarked, by 20 basis points, with effect from August 1, 2018,” the country’s largest mortgage lender said in a regulatory filing.

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Fake banking apps of 3 Indian banks used to dupe credit card owners

Monday, July 30, 2018, 1:01 PM

Fake banking apps of 3 Indian banks used to dupe credit card owners

Fake apps impersonating banking apps of HDFC, ICICI, and RBL, have been found on the official Google Play Store, security firm ESET has revealed. These apps gathered users' credit card details on the pretext of increasing the limit and also leaked the obtained data online. The apps were uploaded in June and July but have reportedly been taken down now.

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OnePlus 6 'Back to School' offer starts today

Monday, July 23, 2018, 2:58 PM

OnePlus 6 'Back to School' offer starts today

Nearly a week after OnePlus 6 went on sale in Amazon Prime Day, smartphone is back on another offer. The OnePlus 6 'Back to School' offer kicks off today and will be till July 30. Students can avail cashback 1,500 on HDFC debit and credit cards with an added benefit of zero-cost EMI. OnePlus accessories, including silicone and flip-cover cases, also on 20% discount.

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