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Axis Bank rules out cut in base rate for next two months

Last Updated: Friday, September 11, 2015, 22:35

Even as its larger rival HDFC Bank cut base rate by a sharp 35 basis points to 9.35 percent late last month, the third-largest private sector lender Axis Bank Friday ruled out any immediate reduction in its loan pricing.

FIPB to take up 25 FDI proposals on Sept 22

Last Updated: Thursday, September 10, 2015, 16:03

FIPB will take up 25 foreign direct investment (FDI) proposals, including those of Aditya Birla Nuvo, Cipla, Sun Pharma Advanced Research and HDFC Capital Advisors, on September 22.

Loans to be cheaper as HDFC Bank, Canara cut lending rate

Last Updated: Monday, August 31, 2015, 22:56

Starting a fresh round of rate cuts after repeated calls from RBI, private lender HDFC Bank and state-run Canara Bank Monday lowered their lending rates by up to 0.35 percent, a move that will make home and other loans cheaper for consumers.

HDFC Bank cuts base rate by 0.35% to 9.35%; lowest in industry

Last Updated: Monday, August 31, 2015, 19:21

After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank Monday lowered its base lending rate by 0.35 to 9.35 -- the lowest in the industry.

HDFC Bank slashes base rate by 0.35%, loans to be cheaper

Last Updated: Monday, August 31, 2015, 16:56

Private sector HDFC Bank on Monday cut the base rate by 0.35 percent to 9.35 percent from the existing 9.70 percent, thereby making loans from the bank cheaper.

HDFC raises Rs 2,000-cr via bonds

Last Updated: Thursday, August 27, 2015, 16:10

HDFC Bank is the lead arranger of the issue.

HDFC Bank says not interested to enter Ahmedabad IFC

Last Updated: Sunday, August 23, 2015, 17:54

Even as its peers make a beeline to open shop at the GIFT City, the country's second-largest lender HDFC Bank has said it is not keen to have a presence in the country's first international finance centre in Ahmedabad.

HDFC to sell 9% stake in HDFC Life to UK firm for over Rs 1700 crore

Last Updated: Friday, August 14, 2015, 23:47

HDFC on Friday said it will sell 9 percent stake in HDFC Life to its British joint venture partner Standard Life for a little over Rs 1,700 crore.

Banks ask RBI to reduce asset risk weights to global levels

Last Updated: Thursday, August 13, 2015, 19:56

Lenders have asked the Reserve Bank to reduce the risk weights on assets while allocating capital down to being at par with the global level, a top banker said Thursday.

There's scope for further cuts in lending rates: HDFC Bank

Last Updated: Thursday, July 30, 2015, 19:37

Country's second largest private lender HDFC Bank on Thursday said there is a scope for further cuts in the lending rates as loan growth is trailing deposit growth.

HDFC to raise Rs 5,000 cr for biz expansion

Last Updated: Wednesday, July 29, 2015, 17:51

Country's largest mortgage lender HDFC today said it will raise up to Rs 5,000 crore through non-convertible debentures (NCDs) to boost lending operations and meet its future capital needs.

HDFC Ltd declares financial results for quarter ended June 30

Last Updated: Tuesday, July 28, 2015, 23:28

Housing Development Finance Corporation (HDFC) Limited has announced its financial results for the quarter ended June 30 in which the company`s standalone profit after tax stood at Rs. 1,361 crore.