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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).

Article

 

24 April 2018, Tuesday

Bank Could Soon Charge You For Everything

Banks are in a lot of trouble. Non-performing assets are rising. Businessmen Nirav Modi and Vijay Mallya have defrauded banks of crores of rupees and ...

Article

 

08 July 2008, Tuesday

Home Loan Interest Rates

Tough times ahead....for new home buyers and those who have already taken loans under floating rates should be prepared. On the 30th of June 2008, Mon ...

Article

 

20 June 2008, Friday

List of Mutual Fund Companies in India

  Mutual Fund Companies List in Indian Mutual Fund Industry is growing at a very rapid speed and there are many additions happening to this li ...

4 Pages, 39 Records
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