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.

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 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.

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 Bank shares pare early gains; down 1.5% at close

Last Updated: Tuesday, July 21, 2015, 19:53

Shares of HDFC Bank pared early gains and ended 1.5 percent lower Tuesday amid an overall weakness in the broader market even as the company reported 20.72 per cent growth in net profit for the quarter ended June.

Govt spending to help boost credit growth: HDFC Bank

Last Updated: Tuesday, July 21, 2015, 19:35

HDFC Bank on Tuesday said the recent rate cuts by the Reserve Bank coupled with the government's efforts to kickstart infrastructure investments, will help drive the sagging credit growth in the industry.

HDFC Bank Q1 net jumps 21% to Rs 2,695.72 crore

Last Updated: Tuesday, July 21, 2015, 11:58

The bank's had earned a net profit of Rs 2,233.04 crore in the April-June quarter of 2014-15.

Stocks markets head for 2-1/2-month closing high; HDFC Bank, Lupin lead

Last Updated: Friday, July 3, 2015, 13:47

India`s stock markets rose on Friday to head towards their highest close in 2-1/2 months as HDFC Bank Ltd rose on relative valuations, while drugmaker Lupin Ltd rose after an acquisition in Russia.

HDFC Bank sees mobile banking overtaking net banking next year

Last Updated: Thursday, July 2, 2015, 18:34

"Usage of mobiles has been growing rapidly and outpacing the growth of the Internet transactions. We feel next year it will overtake Internet banking," its head of digital banking Nitin Chugh told reporters here.