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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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Market cap of nine of top 10 most valued cos zoom Rs 1.58 lakh cr

Sunday, July 15, 2018, 10:29 AM

Market cap of nine of top 10 most valued cos zoom Rs 1.58 lakh cr

Combined market capitalisation of nine of the 10 most valued companies surged by a whopping Rs 1,58,882.34 crore last week, helped by an overall strong broader market and smart surge in the valuation of Reliance Industries Ltd (RIL). Tata Consultancy Services (TCS) continued to rule the market cap chart followed by RIL, HDFC Bank, Hindustan Unilever Ltd and HDFC in the week to Friday.

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50 people who swiped their debit cards at same ATM duped of lakhs

Thursday, July 12, 2018, 8:29 PM

50 people who swiped their debit cards at same ATM duped of lakhs

On May-1 stating that large sums of money were withdrawn from their accounts in the US. Gradually, it turned out that Jain and Nodia were not the only victims of this fraud. 50 salaried people of Delhi-NCR employed with companies located at Unitech Cyber Park, in Gurgaon, lost their hard-earned money after swiping their debit cards at an HDFC Bank ATM in the IT-hub.

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Eight of 10 most valued cos add Rs 66,626 cr in m-cap

Sunday, July 8, 2018, 11:32 AM

Eight of 10 most valued cos add Rs 66,626 cr in m-cap

Eight of the 10 most valued companies added Rs 66,625.6 crore to their market valuation last week, with TCS emerging as the star performer. While Infosys and SBI suffered losses in their market capitalisation (m-cap) for the week ended Friday, TCS, Reliance Industries Limited (RIL), HDFC Bank, HUL, ITC, HDFC, Maruti Suzuki India and Kotak Mahindra Bank made gains.

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Highest-paid Indian banker Aditya Puri gets 4% pay cut

Sunday, June 17, 2018, 7:56 AM

Highest-paid Indian banker Aditya Puri gets 4% pay cut

HDFC Bank CEO Aditya Puri, who has been the highest-paid Indian banker for years, has seen a small dip in overall remuneration to Rs 9.6 crore in FY18 from Rs 10 crore in FY17 despite the bank's net profit rising 20 percent to Rs 17,487 crore. The compensation could change if the central bank approves a higher performance bonus.

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Sensex, Nifty trade marginally higher, HDFC Bank shares up 2%

Monday, June 4, 2018, 9:54 AM

Sensex, Nifty trade marginally higher, HDFC Bank shares up 2%

Benchmark indices BSE Sensex and NSEs Nifty 50 opened nearly 1% higher on Monday, but soon trimmed all the gains and traded marginally higher. In Asia, shares rose to their highest level in two-and-a-half-weeks as strong US jobs data offset worries that tariff wars between US and the rest of the world could drag on global economic growth.

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HDFC to invest Rs 10 billion in stressed asset fund for realty segment

Wednesday, May 9, 2018, 7:37 AM

HDFC to invest Rs 10 billion in stressed asset fund for realty segment

Housing Finance Development Corporation (HDFC) is planning to put up to Rs 10 billion in a stressed asset fund for the realty segment. Implementation from last year of the Real Estate (Regulation and Development) Act is expected to throw up a number of opportunities for the restructuring of real estate entities and to nurse stressed assets.

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Private bankers turn out to be big beneficiaries of demonetisation

Saturday, May 5, 2018, 12:28 AM

Private bankers turn out to be big beneficiaries of demonetisation

Indias clampdown on unaccounted cash has sent a flood of money into the private banking industry. HDFC Bank Ltd. -- the most preferred wealth manager in India among high net worth clients surveyed by Euromoney -- plans to add as many as 150 relationship managers by the end of 2020 to the current 250, said Rakesh Singh, group head of private banking.

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HDFC Bank raises FD rates by 10-100 bps for various tenures

Monday, April 30, 2018, 9:38 AM

HDFC Bank raises FD rates by 10-100 bps for various tenures

HDFC Bank Ltd has increased rates for fixed deposits (FDs) below Rs1 crore for most tenures above 1 year, in the range of 10-100 basis points (bps). One bps is one-hundredth of a percentage point. With this, the highest rate for non-bulk FDs (less than Rs1 crore) from HDFC Bank with a tenure of 1 year 17 days to 5 years has reached 7%.

News

 
HDFC Bank hikes deposit rates by 1 percent for select tenures

Thursday, April 26, 2018, 2:37 PM

HDFC Bank hikes deposit rates by 1 percent for select tenures

Taking a cue from the upward trajectory in the benchmark government bond yield over the past few days, HDFC Bank has hiked interest rates on its fixed deposits (FD) for select tenures under Rs 1 crore. With this latest hike, HDFC Banks FDs will now earn higher interest compared with the countrys largest lender, State Bank of India (SBI).

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