[
hdfc bank
]
HDFC Bank penalises its executive for inadvertently selling shares
PTI, Mumbai
PUBLISHED ON JAN 16, 2021 09:01 PM IST
The panel has determined that there was a violation of the Bank's Code and PIT Regulations and imposed a penalty of ₹10.20 lakh on Tata.
Atanu Chakraborty likely to be next HDFC Bank chairman
By Gopika Gopakumar | Livemint, Mumbai
UPDATED ON DEC 30, 2020 02:17 AM IST
The appointment assumes significance as the private lender had recently undergone a leadership change, with its long time managing director and chief executive officer, Aditya Puri, retiring in October, and Sashidhar Jagdishan taking over.
HDFC Bank trails markets for first time in 7 years
By Ravindra Sonavane | Livemint, Mumbai
UPDATED ON DEC 29, 2020 07:02 AM IST
Shares of HDFC Bank gained 11.09% in 2020, the private lender’s worst performance since 2013, according to data from Bloomberg. So far this year, Sensex and Nifty have gained 14.79% and 14.01%, respectively.
Five companies will end 2020 with ₹5 lakh crore market cap
By Nasrin Sultana and Ravindra Sonavane | Livemint, Mumbai
PUBLISHED ON DEC 26, 2020 03:19 AM IST
Hindustan Unilever Ltd and Infosys Ltd entered the ₹5 lakh crore market capitalisation club this year, joining Reliance Industries Ltd, Tata Consultancy Services Ltd and HDFC Bank Ltd.
Market capitalisation of eight of top 10 most valuable firms zoom Rs 1.53 lakh crore
By Press Trust of India | Posted by Nilavro Ghosh | New Delhi
PUBLISHED ON DEC 13, 2020 12:27 PM IST
The list of gainers included Reliance Industries Ltd (RIL), Tata Consultancy Services, Hindustan Unilever Ltd, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank and Bharti Airtel, while HDFC Bank and Bajaj Finance witnessed erosion from their valuation.
Moody’s terms HDFC Bank’s multiple digital outages ‘credit negative’
By Press Trust of India | Posted by Deepali Sharma | New Delhi
PUBLISHED ON DEC 07, 2020 12:22 PM IST
Last week, banking sector regulator Reserve Bank of India (RBI) had asked the bank to temporarily stop all launches under its digital 2.0 initiative and stop sourcing new credit card customers.
RBI asks HDFC Bank to stop digital activities, sourcing new credit card customers
By Press Trust of India | Posted by Mallika Soni | Press Trust of India
UPDATED ON DEC 03, 2020 11:52 AM IST
HDFC Bank said the RBI order “has advised the bank to temporarily stop all launches of the digital business-generating activities planned under its program Digital 2.0 and other proposed business generating IT applications and sourcing of new credit card customers”.
5th FIR against Cox and Kings for Rs 50 cr loan fraud on HDFC Bank
By Vijay Kumar Yadav | Edited by Abhinav Sahay | Hindustan Times, Mumbai
UPDATED ON NOV 28, 2020 09:21 AM IST
EOW officials carried out a preliminary inquiry on the HDFC Bank’s complaint and concluded that primary facie a cognisable offence was committed by Cox and King promoter.
HDFC Bank’s market cap crosses Rs 8 lakh cr mark
By Ravindra Sonavane | Livemint, New Delhi
UPDATED ON NOV 26, 2020 05:04 AM IST
The scrip closed 2.5% lower at Rs 1,402.65 apiece, giving it a market value of Rs 7.72 lakh crore. So far this year, HDFC Bank has surged nearly 12%.
HDFC Bank’s net banking, UPI service and ATMs down
By hindustantimes.com | Edited by Shivani Kumar | Hindustan Times, New Delhi
UPDATED ON NOV 22, 2020 12:12 AM IST
The bank attributed the problem to outage in one of its data centre. India’s largest private sector lender said that it is working on the issue and the services will be restored as soon as possible.
Auto-debit figures blow holes in loan recast story
By Shayan Ghosh | Livemint, Mumbai
PUBLISHED ON NOV 10, 2020 11:21 PM IST
Such automatic payments are recurring by nature wherein the borrower agrees to an auto-debit mandate, and the loans are drawn on a monthly basis from a bank account.
Sensex, Nifty trade higher led by financials; RIL helps too
By hindustantimes.com | Edited by Meenakshi Ray | Hindustan Times, New Delhi
PUBLISHED ON OCT 19, 2020 11:32 AM IST
HDFC Bank rose nearly 3% after reporting a healthy set of September quarter result. ONGC and ICICI Bank, along with Reliance Industries, were the other top gainers on Sensex.
Loan growth, fall in bad loans powers HDFC Bank Q2 profits
By Bloomberg | Posted by Shankhyaneel Sarkar
UPDATED ON OCT 19, 2020 11:28 AM IST
The Mumbai-based lender said its loan book grew 16% in the September quarter from a year earlier, out pacing an average 5.1% rise for the nation’s banking sector.
6 of top 10 most valued firms’ combined market valuation tumbles over Rs 1 lakh cr
By Press Trust of India | Posted by Ayshee Bhaduri | New Delhi
PUBLISHED ON OCT 18, 2020 07:35 PM IST
Over the past week, Sensex lost 526.51 points or 1.29 per cent. RIL,TCS, HDFC Bank, ICICI Bank, HCL, and Bharti Airtel suffered losses,while HUL,Infosys, HDFC, and Kotak Mahindra Bank were the gainers
Sensex soars 600.87 points to close at 39,574.57
By hindustantimes.com | Edited by Shivani Kumar | Hindustan Times, New Delhi
UPDATED ON OCT 06, 2020 04:02 PM IST
Tata Motors’ shares surged as much as 7.8% to be the top gainer on the Nifty 50 following the improvement in its UK unit JLR in the September-quarter retail sales. Shares in HDFC Bank gained as much 2.4% to their highest level in nearly five weeks
HDFC Bank’s Ravi Santhanam in Forbes list of World’s Most Influential CMOs
By Asian News International | Posted by Prashasti Singh | Mumbai
PUBLISHED ON OCT 04, 2020 04:54 PM IST
This is the eighth edition of this annual list released by Forbes with research partners Sprinklr and LinkedIn.
Seven of top 10 most valued firms lose Rs 59,260 cr in cumulative market valuation
By Press Trust of India | Posted by Shivani Kumar
UPDATED ON SEP 20, 2020 02:18 PM IST
The seven firms clocking losses in their market capitalisation (m-cap) were Hindustan Unilever (HUL), HDFC Bank, Kotak Mahindra Bank, Reliance Industries, HDFC, ITC and ICICI Bank.
Powered by RIL, valuation of four of top 10 firms soars by Rs 3 lakh crore
By Press Trust of India| Posted by Susmita Pakrasi | New Delhi
PUBLISHED ON SEP 13, 2020 10:10 AM IST
Shares of Reliance Industries were in the limelight last week amid media reports that it has offered a 40 per cent stake in its retail arm worth about USD 20 billion to Amazon.com, which the company said was speculative.
Sensex rallies over 300 points in early trade; Nifty tops 11,400
By Press Trust of India| posted by Susmita Pakrasi | Mumbai
PUBLISHED ON AUG 21, 2020 10:55 AM IST
The BSE Sensex was trading 330.76 points or 0.87 per cent higher at 38,551.15; while NSE Nifty was up 98.05 points or 0.87 per cent at 11,410.25.
HDFC Bank faces probe by investor rights firm in the US
By Gopika Gopakumar | Mint, Mumbai
UPDATED ON AUG 18, 2020 07:04 AM IST
According to the US law firms, HDFC Bank reported its financial results for the June quarter, missing analysts’ earnings estimates and reporting a deterioration in its asset quality.
Cybersecurity firms get a boost due to Covid-19 fears
By Nandita Mathur | Mint, New Delhi
UPDATED ON AUG 17, 2020 05:18 AM IST
The Indian cybersecurity services industry is expected to grow to $7.6 billion in 2022 and register an average annual growth rate of 21% by 2025 to reach $13.6 billion, according to a recent Nasscom-Data Security Council of India report.
8.64 lakh people registered with Delhi govt’s ‘Rozgar Bazaar’ job portal: Gopal Rai
By Press Trust of India| Posted by Susmita Pakrasi | New Delhi
UPDATED ON AUG 07, 2020 05:26 PM IST
Addressing a press conference, Gopal Rai said there were currently nine lakh vacancies available on the portal, where 6,271 companies, including Flipkart, Amazon and HDFC Bank have made registrations.
Sensex rallies over 500 points after RBI policy outcome; Nifty tops 11,200
By Press Trust of India| Posted by Susmita Pakrasi | Mumbai
PUBLISHED ON AUG 06, 2020 01:57 PM IST
Tata Steel was the top gainer in the 30-share Sensex pack, rising around 2 per cent, followed by HDFC Bank, Bajaj Finance, HCL Tech, Infosys, Kotak Bank, TCS and Reliance Industries.
Most valuable Indian lender HDFC gets new CEO after 26 years
By Bloomberg | Posted by Arpan Rai
UPDATED ON AUG 04, 2020 09:54 PM IST
The Reserve Bank of India cleared Jagdishan’s appointment for a three-year term starting Oct. 27, HDFC Bank said in an exchange filing on Tuesday.
HDFC Bank chief Puri sells shares worth $113 million in lender
By Bloomberg | Posted by Arpan Rai
PUBLISHED ON JUL 26, 2020 07:06 PM IST
Puri sold the shares in the market from July 21-23, according to an exchange filing. He had nearly 7.8 million shares in the lender prior to the sale, the filing showed, and now holds about 0.01% of the bank’s equity capital.
HDFC Bank may have bundled GPS with loans
By Shayan Ghosh | Livemint, Mumbai
PUBLISHED ON JUL 20, 2020 06:01 AM IST
HDFC Bank executives pushed auto loan customers to buy GPS devices costing ₹18,000-19,500 from 2015 to December 2019, according to the two people cited above, who spoke on condition of anonymity.
HDFC Bank first quarter profit rises 20% to Rs 6,659 cr
By Press Trust of India | Posted by Anubha Rohatgi | New Delhi
UPDATED ON JUL 18, 2020 03:00 PM IST
The bank improved on its asset front with gross non-performing assets (NPAs) falling to 1.36 per cent of the gross advances as on June 30, 2020 from 1.40 per cent by June-end 2019.
Exits signal big revamp at HDFC Bank
By Gopika Gopakumar | Mint, Mumbai
UPDATED ON JUL 15, 2020 01:48 AM IST
People aware of the matter have pointed to an expected top management reshuffle in HDFC Bank before Puri leaves, with more exits likely in the coming months.
Normalcy to return in next 90 days, says HDFC Bank’s Arvind Kapil
By Gopika Gopakumar and Amit Panday | Hindustan Times, Mumbai
PUBLISHED ON JUN 08, 2020 04:55 AM IST
Out of its total loan book of ₹9.93 lakh crore, HDFC Bank’s retail loans are worth ₹4.94 lakh crore, with auto loans constituting 16% and two-wheelers 1.9% of the portfolio.
Citing Covid disruptions, Moody’s cuts ratings of SBI, HDFC Bank
By Anirudh Laskar | Hindustan Times, Mumbai
PUBLISHED ON JUN 03, 2020 04:14 AM IST
SBI and HDFC Bank are among 11 Indian banks covered under Moody’s latest rating action. The others are Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India (EXIM India), Indian Overseas Bank, IndusInd Bank, Punjab National Bank and Union Bank of India.