Digit Insurance Files Draft Documents for Rs 5,000 Crore IPO
Digit Insurance, backed by Canadian billionaire Prem Watsa, has filed draft documents for an initial public offering (IPO). According to the filing, the company is...
Tag : HDFC Bank
HDFC Bank Signs Agreement with TReDs Platform M1xchange
Trade receivable discounting platform M1xchange has partnered with HDFC Bank to provide small businesses with more liquidity at competitive prices. “HDFC Bank has partnered with...
Yield Rise Erodes Bank Profits in Q1, SBI worst hit, Canara Gains
A jump in bond yields during the June quarter of 2022 negatively impacted all large lenders. Of eight major banks, only two have escaped losses....
HDFC Bank Raises $300 Mn in NRE Deposits
India’s most valuable bank, HDFC Bank, is said to have raised $300 million in NRE deposits, 50 basis points above prevailing rates, people familiar with...
HDFC Bank Hikes Rates by 5-10 Bps Across Loan Tenures
HDFC Bank has increased lending rates by 5-10 basis points over the life of the loan. The central bank raised its key interest rate by...
Sensex Up 200 Points, Nifty50 Tops 17,400 Ahead of RBI Policy Announcement
The Indian equity benchmark opened in the green on the last trading day of the trading week ahead of the Reserve Bank of India’s key...
HDFC Bank Parivartan Signs Rs 107 Crore Deal with IISc Bengaluru
HDFC Bank Parivartan on Tuesday signed a Memorandum of Understanding (MoU) with the Indian Institute of Science, Bengaluru, for the construction of Bagchi-Parthasarathy Hospital IISc...
HDFC Bank to Raise Rs 2.7 Trillion for Merger
HDFC Bank Ltd may raise at least Rs 2.2 trillion from public deposits and corporate bonds and an additional Rs 50,000 crore from similar documents...
HDFC Q1 PAT Jumps 22% YoY to Rs 3,669 Crore
On Friday, HDFC Bank reported a consolidated net profit of Rs 3,668.82 crore for the first quarter of this year. The profit was higher than...
HDFC Bank Opens Special Window Offering 6.8% Interest for NRE Deposits
HDFC Bank has set up a two-day window for Non-Resident External (NRE) deposits offering interest rates that are significantly higher than those currently available, media...