Reliance Industries, HDFC Bank, and ICICI Bank have been the biggest drag on the index performance, given their high weightage
The Union Cabinet on Friday approved a reconstruction plan proposed by the RBI for bailing out fund-starved Yes Bank.
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Majority of private bank stocks are down 10-33% YTD, indicating weaning conviction in the sector
The Mumbai-based lender has a market capitalisation of about $86 billion, giving it a bigger standing than major US banks like Goldman and Morgan Stanley
Way back in 2004, the crisis-ridden Global Trust Bank was merged with the Oriental Bank of Commerce by the Reserve Bank of India
At 8x FY21 estimated book, even as it is the most expensive lender, the stock remains among the preferred picks in the banking pack
Keki Mistry has been replaced by Renu Karnad of the bank's parent HDFC in the search panel
HDFC Bank aims to be a dominant and go-to bank for startups, a key official said on Tuesday. Close to 9,000 start-ups are currently banking with HDFC Bank, said Smita Bhagat, Country Head, Government & Institutional Business, e-commerce and start-ups, HDFC Bank. Officials said the bank now has dedicated "SmartUp" zones in 70 branches in 30 cities across India. "Through the SmartUp programme, we are already engaging with the start-up community to partner with them in their entrepreneurial journey using smart financial tools, advisory services and technology", Bhagat told reporters here. "We also have a platform where the start-ups can register themselves and sell their products to our own customers", she added. HDFC Bank on Tuesday disbursed SmartUp grants totalling Rs five crore to 20 start-ups in Bengaluru working in the social sector. This takes the total tally to more than 60 start-ups who have been been given a total grants of Rs 14 crore over the past three ...
Can the coronavirus epidemic could lead to encouraging responses and who will succeed Aditya Puri
Puri retires in October this year
According to the RBI data, the system-wide SME loan book stood at Rs 15.7 trillion as of June 2019, up 10 per cent over the 12 months' period
HDFC Bank will offer a corporate credit card for business travellers, providing a one-stop solution for payment and expense management during business trips
Some investors had even threatened to move Reserve Bank of India (RBI) and Securities Appellate Tribunal (SAT) against HDFC Bank, if it didn't return the shares.
Almost 615 companies, including BPCL, Page Industries, Nestle India, and Apollo Hospitals Enterprise, are scheduled to announce their December quarter results today
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
In 2008, GuarantCo had guaranteed a loan availed by Calcom from Axis Bank and HDFC Bank
RBI had issued show cause notice to bank as to why penalty should not be imposed for non-compliance
Parekh said there have been precedents of similar one-time reliefs being allowed by the RBI in the past including in 1993 and also after the global financial crisis.
Puri, whose term comes to an end in October this year, is also an advisor to the search committee tasked with identifying a suitable candidate