IDFC First Bank Partners with Crunchfish to Demonstrate Offline Retail Payments
On Monday, IDFC First Bank partnered with Swedish company Crunchfish to pilot a project demonstrating offline retail payments. IDFC First Bank will be part of...
Tag : HDFC Bank
Bandhan Bank Share Gains Most in 8 Weeks Over ED Appointment and Bids for Stressed Assets
Bandhan Bank has announced that Ratan Kumar Kesh has been appointed the bank’s Executive Director (ED), subject to shareholder approval, for three years starting March...
HDFC-HDFC Bank Merger Approved, Board Considering Raising Funds Through NCDs
India’s largest mortgage lender, Housing Development Finance Corp (HDFC), plans to raise funds through non-convertible debentures (NCDs) to meet its capital requirements post-merger with HDFC...
PSU Banks Shares Up to 7% as Adani Sells Stake in Group Company to Cut Debt
Public sector banks exposed to Adani Group companies saw heavy buying on the morning of March 3 after the port-to-power group raised funds by selling...
HDFC Prices Its Largest-Ever Rupee Bond Issuance
Housing Development Finance Corp (HDFC) priced its largest-ever rupee bond issue ahead of a merger with its banking arm, creating Indian financial services giant worth...
Rate-Sensitive Shares See Mixed Trend After RBI Hikes Repo Rate by 25 Bps
Shares of rate-sensitive sectors such as banks, autos and real estate were mixed on Wednesday after Reserve Bank of India (RBI) Governor Shaktikanta Das announced...
Market Falls 1%, Nifty Dips Below 17,900, Sensex Plunges 773 Points
India’s benchmark index fell more than 1% on January 25, with the Nifty index closing below 17,900, amid a sell-off across sectors, especially power, oil...
HDFC Bank Rallies 7% in Six Days, Shares Near All-Time High
Shares of HDFC Bank hit a nine-month high of Rs 1,702, up 2% in intraday trade on Tuesday. Shares of the largest private sector bank...
HDFC Twins Continued Their Gains, Rising More Than 3% in Two Trading Days
Shares of HDFC twins HDFC Bank and Housing Development Finance Corporation (HDFC) were higher for a second day, gaining more than 3.4% over the past...
Vodafone Idea Approaches Banks For Loans Cost Rs 7,000 Crore
Vodafone Idea (Vi) has allegedly advanced several banks to contract loans adding up to Rs 7,000 crore, per the media report. State Bank of India,...