Banks may further reduce interest rates by end of week: HDFC

Last Updated: Wednesday, June 10, 2015, 21:34

Hinting at another round of interest rate cuts, private sector lender HDFC Bank's Managing Director Aditya Puri Wednesday said most banks will cut their lending rates by the end of the week.

HDFC Bank launches aggregator app for all types of payments

Last Updated: Wednesday, June 10, 2015, 21:29

The second largest private sector lender HDFC Bank Wednesday claimed to have done a global first by launching a mobile phone application that will aggregate merchants' applications and allow users to transfer funds, shop, pay utility bills, book tickets and recharge phones.

HDFC Bank launches aggregator app for all types of payments

Last Updated: Wednesday, June 10, 2015, 20:52

Unlike prepaid wallets launched by its competition or non-bank companies, a customer's debit or credit card will be connected to the application and multiple transactions can be carried out on the same.

HDFC proposes to raise Rs 5,000 cr via NCDs and warrants

Last Updated: Monday, June 8, 2015, 22:49

HDFC Ltd, the country's largest mortgage lender, Monday said it has plans to raise Rs 5,000 crore by issuing non-convertible debentures (NCDs) and warrants to institutional investors to fund its business growth.

HDFC MF remains most profitable fund house; Reliance MF 2nd

Last Updated: Monday, June 1, 2015, 15:36

ICICI Prudential MF, the second largest fund house in terms of assets base, reported a profit after tax of Rs 247 crore, while Birla Sunlife MF posted a PAT of Rs 123 crore.

HDFC Bank among top 100 most valuable global brands in 2015

Last Updated: Sunday, May 31, 2015, 19:27

Private sector lender HDFC Bank is the only Indian entity to find a place among the top 100 most valuable brands globally, along with Apple, Google, Microsoft, IBM and Facebook.

ATM use: HDFC Bank to stop paper slips,to send detailed SMSes

Last Updated: Sunday, May 31, 2015, 13:20

The bank is piloting the initiative at a few ATMs at present and will roll out the same across its network of over 11,700 ATMs by the end of June, the official added.

ATM use: HDFC Bank to stop paper slips,to send detailed SMSes

Last Updated: Sunday, May 31, 2015, 12:40

This is a part of the digital initiative for the bank, under which it had last year launched the 'Green PIN' scheme wherein card-users were given the PIN numbers electronically rather than in a printed kit, the official said.

One year of Modi Govt: Ambanis down in stock market, Adani up

Last Updated: Monday, May 25, 2015, 18:33

As the Modi government completed its first year today, the stock market wealth has grown by over Rs 10 lakh crore in this period with conglomerates like Tatas, Adani, Bharti, HDFC and Sun Groups clocking huge gains.

Stable prices bringing NRIs back to real estate market: HDFC

Last Updated: Sunday, May 24, 2015, 12:05

The rupee depreciation against the US dollar is also helping, for the prospective home buyers from the American continent.

Zuari Group pledges 8.23% stake in MCFL to HDFC

Last Updated: Monday, May 18, 2015, 22:00

Zuari Group has pledged its 8.23 percent stake in Mangalore Chemicals and Fertilisers Ltd (MCFL) to HDFC for partly financing its acquisition of 36.56 percent stake in the company.

HDFC Bank launches prepaid medical card with Apollo Hospitals

Last Updated: Monday, May 18, 2015, 18:05

The second largest private lender HDFC Bank Monday launched co-branded medical benefits card with Apollo Hospitals, which allows corporates to disburse medical allowances to their employees and has insurance cover for accidents.