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Sashidhar Jagdishan, HDFC MD-CEO, booked for fraud: Who is he & what's the case?

The allegations against Sashidhar Jagdishan were brought up by a certain Mehta family that defaulted on a bank loan provided back in 1995.

Sashidhar Jagdishan is the Managing Director and Chief Executive Officer (CEO) of HDFC Bank.(X - @dineshwadera)
Updated on Jun 08, 2025 11:36 PM IST

HDFC Bank shares up nearly 4% after savings rate cut

HDFC bank has been trying to increase term deposits after it took over its home loan parent HDFC in 2023.

The way a rate cut would help this is it could force more depositors to move towards higher yielding term and recurring deposits.(Reuters)
Published on Apr 15, 2025 02:46 PM IST

HDFC Bank Q3 2025 results: Net profit rises 2.2%

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to ₹17,657 crore for the October-December quarter.

HDFC Bank Q3 2025 results: HDFC Bank Ltd has announced its third quarter earnings for the financial year 2024-25 on Wednesday, January 22, 2025.(Reuters)
Updated on Jan 22, 2025 03:30 PM IST

HDFC Bank Q3 results today: Here's what to expect

HDFC Bank Q3 2025 results today: HDFC Bank will announce its earnings for the third quarter of the financial year 2024-25 on Wednesday, January 22, 2025

HDFC Bank Q3 2025 results today: Pedestrian walk past an HDFC Bank Ltd. branch in Mumbai, India,(Bloomberg)
Published on Jan 22, 2025 12:03 PM IST

Mcap of five of most-valued firms tumbles 1.85 lakh crore; HDFC Bank hit hard

The market capitalisation (mcap) of HDFC Bank dropped by ₹70,479.23 crore to ₹12,67,440.61 crore.

Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India and ITC faced erosion from their market valuations(REUTERS/file)
Updated on Jan 12, 2025 10:44 AM IST
PTI |

Mcap of 6 of 10 most valued firms climbs 86,847.88 cr | Check biggest gainers

HDFC Bank and Reliance Industries have emerged as the biggest gainers in line with an overall optimistic trend in equities.

The market capitalisation (mcap) of HDFC Bank surged by <span class='webrupee'>₹</span>20,235.95 crore to <span class='webrupee'>₹</span>13,74,945.30 crore.(REUTERS)
Published on Dec 29, 2024 11:56 AM IST
PTI |

Bharti Airtel, TCS, HDFC Bank stocks steal the show this week

In a fluctuating market, TCS, HDFC Bank, and others saw gains, while Reliance Industries and LIC experienced significant losses.

Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank, and Infosys all increased their values, while Reliance Industries, State Bank of India, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever decreased theirs.(ANI)
Published on Dec 15, 2024 11:13 AM IST
PTI |

These are the savings account rates at SBI, HDFC, ICICI, PNB, Union Bank, IDFC

Savings account interest rates are usually influenced by various factors such as the RBI's monetary policy, inflation and prevailing market conditions

Savings account interest rates are usually fixed and credited quarterly, based on the daily balance or the sum of all deposits less withdrawals made throughout the day.
Published on Oct 19, 2024 12:46 PM IST

HDFC Defence Fund to halt new SIP registrations from July 22

The highly concentrated fund has 21 stocks of which 5 constitute 63 per cent of the fund’s portfolio.

HDFC MF said that systematic transactions already registered will continue to be processed and there will be no restrictions on redemptions or switch outs.(Getty Images/iStockphoto)
Updated on Jul 10, 2024 07:58 AM IST

Ex-journalist alleges that HDFC ERGO denied medical claim, company reacts

After Preeti Chobey shared about her experience with HDFC ERGO, it raised concerns in the online community. Since then, the company has reacted to her tweet.

Snapshot of Preeti Chobey at the hospital. (X/@preeti_chobey)
Published on Apr 22, 2024 10:09 AM IST
ByVrinda Jain

Dog, cat or other pet lover? HDFC ERGO launches new policy ahead of Pets Day

If you are a dog, cat or other pet owner, you should check out the benefits available under HDFC ERGO Paws n Claws insurance policy.

HDFC ERGO has rolled out the Paws n Claws insurance policy for dog, cat and other pet lovers.(AP)
Updated on Apr 09, 2024 05:05 PM IST

Bengaluru doctor criticises HDFC for constant spam calls. Company reacts

After the man took to X and complained about the spam calls from HDFC, the company responded to it and apologised for it.

The person took to X to complaint about the incident. (Shailesh Andrade / REUTERS)
Published on Apr 01, 2024 09:14 AM IST
ByVrinda Jain

HDFC Bank share prices fall 11% in two days after Q3 results

HDFC Bank share prices have fallen by nearly 4 percent on Thursday, showing a steep decline for the second straight day on the stock market.

HDFC Bank shares decline for the second straight day on January 18 (PTI)(PTI)
Published on Jan 18, 2024 03:19 PM IST
ByVaishnawi Sinha

Sensex plunges 400 points to 71,023; Nifty drops below 21,500

Sensex and Nifty once again opened in red on Thursday, with the markets plunging over 400 points today.

Sensex and Nifty(REUTERS)
Published on Jan 18, 2024 09:23 AM IST
ByVaishnawi Sinha

Why did Sensex drop over 1300 points, Nifty below 22,000 after record high?

Sensex and Nifty, after their five-day rally, saw a deep plunge on Wednesday, with markets falling over 1300 points today.

Sensex and Nifty saw a steep decline on Wednesday (ANI Photo)
Published on Jan 17, 2024 12:58 PM IST
ByVaishnawi Sinha

HDFC Bank shares fall 7% day after Q3 results; steep decline in stock market

HDFC Bank Share Price: The shares of HDFC Bank fell more than seven percent on Wednesday, a day after the company released its Q3 results.

HDFC Bank shares fall after Q3 results (PTI)(PTI)
Published on Jan 17, 2024 10:28 AM IST
ByVaishnawi Sinha

'Biggest scam in India's history': RBI, two pvt sector banks get threat mails

The sender also claimed to have planted bombs at 11 locations across Mumbai, where the three banks – HDFC and ICICI are the other two – are headquartered.

The Reserve Bank of India (Representational Photo)
Published on Dec 26, 2023 06:59 PM IST
By, New Delhi

HDFC merger: Ex-chairman Deepak Parekh's offer letter shows first salary was…

According to the offer letter, Parekh was offered a basic salary of ₹3,500 plus ₹500 as dearness allowance.

Deepak Parekh, former chairman of Housing Development Finance Corporation(HDFC) Ltd.(Hemant Mishra/Mint)
Updated on Jul 06, 2023 07:20 AM IST

Deepak Parekh steps down as HDFC chairman. Read full statement to shareholders

The reverse merger of parent HDFC Ltd with HDFC Bank is expected to be effective from July 1.

Deepak Parekh in the last message to the shareholders said home loans will now be complemented with HDFC Bank’s core strengths -- its sales engine, execution capabilities at scale and deep insights on consumer behaviour(MINT)
Published on Jun 30, 2023 10:31 PM IST

HDFC vaults into ranks of world’s most valuable banks after this merger

With the merger likely effective July 1, the new HDFC Bank entity will have around 120 million customers — that’s greater than the population of Germany.

HDFC surges ahead of banks including HSBC Holdings Plc and Citigroup Inc.(Reuters)
Published on Jun 30, 2023 08:11 AM IST
Bloomberg |

HDFC Bank suspends employee after video of him abusing co-workers goes viral

HDFC bank on Monday suspended one of its senior employees in Kolkata after a video of him allegedly abusing his co-workers went viral on social media.

HDFC suspends employee after video of him abusing co-workers goes viral(Twitter)
Updated on Jun 05, 2023 09:34 PM IST

HDFC Bank raises 3,000 crore from bonds

The bank issued and allotted bonds to investors on a private placement basis on Thursday, HDFC Bank said in a regulatory filing.

These unsecured, subordinated, fully paid-up, non-convertible, Basel III compliant perpetual debt would carry a coupon rate of 7.84 per cent, the HDFC Bank said. (File photo)
Published on Sep 08, 2022 07:15 PM IST
PTI |

HDFC Bank Q1 net profit rises 22 pc to 3,669 crore

Its total income during the June 2022 quarter increased to ₹13,248.73 crore against ₹11,663.14 crore in the year-ago period, HDFC said in a regulatory filing.

Representational image. 
Published on Jul 29, 2022 02:45 PM IST
PTI |

HDFC sells shares of Ansal Housing to recover dues

On June 16, Housing Development Finance Corporation (HDFC Ltd) had informed the exchanges about invocation of 50,00,000 shares of Ansal Housing Ltd, aggregating to 8.42 per cent of its share capital

In a separate stock exchange filing, Ansal Housing said HDFC sold its shares through the open market on various dates starting from June 21, 2022.(Reuters)
Published on Jul 19, 2022 06:53 PM IST
PTI | , New Delhi

Three out of top 10 firms lose 73,630 cr in m-cap; RIL's biggest drag

While HUL and ICICI Bank were the other laggards from the top-10 pack, TCS, HDFC Bank, Infosys, LIC, SBI, HDFC and Bharti Airtel were the gainers.

Three out of top 10 firms lose <span class='webrupee'>₹</span>73,630 cr in m-cap; RIL's biggest drag(REUTERS)
Published on Jul 03, 2022 02:18 PM IST
PTI |

HDFC Bank hikes lending rates by 0.35%; 2nd hike in two months

The hike, which comes a day ahead of the RBI's scheduled policy review, is the second such move from the lender in as many months, taking the cumulative hike to up to 0.60 per cent.

HDFC Bank increased its Marginal Cost of funding based Lending Rate by 0.35 per cent from June 7.(Reuters)
Published on Jun 07, 2022 03:49 PM IST
PTI |

HDFC raises lending rate by 5 basis points; EMI to rise for existing borrower

The RBI has been mandated to keep the retail inflation at 4 per cent with a bias of 2 per cent on either side.

Representational image.  (Reuters)
Published on May 01, 2022 05:43 PM IST
PTI |

HDFC Bank's $40 billion deal may face regulatory hurdles due to insurance ops

Sources told Reuters last year that the Reserve Bank of India, which acts as regulator for the financial industry, wants banks to limit ownership stakes in insurance companies.

The headquarters of India's HDFC Bank is pictured in Mumbai, India.(Reuters)
Published on Apr 05, 2022 05:47 PM IST
Reuters | , Mumbai

Investor wealth jumps over 3 lakh cr as equities rally on proposed HDFC merger

In morning trade, a total of 25 Sensex constituents were in the green, with HDFC Ltd and HDFC Bank shares gaining up to nearly 14 per cent.

Sensex skyrocketed 1,472.33 points or a whopping 2.46 per cent to 60,736.08 points at around 10.30 am, driven by HDFC twins.(Reuters)
Published on Apr 04, 2022 12:38 PM IST
PTI |

HDFC approves highest ever 2 lakh crore home loans in 2021-22

HDFC's retail home loan approval has crossed ₹2 lakh crore in a year for the first time on the back of strong demands from across the country.

HDFC continues to have the largest number of home loan customers of over 2.7 lakhs who have availed benefits under the Credit Linked Subsidy Scheme (CLSS).(Representative photo)
Published on Mar 23, 2022 06:24 PM IST
ANI | , New Delhi
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