Page 7 - Hdfc Bank

Credit card spends dip 11.6% in November after record show in October

November spends are still higher than pre-Covid levels, with 43% YoY growth

HDFC Bank ties up with IPPB to serve semi-urban, rural areas

About 90 per cent of IPPB customers reside in rural areas

M-cap of five of top-10 valued companies soars more than Rs 1 trillion

While RIL, TCS, Infosys, HUL and Wipro were the gainers, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance and SBI emerged as laggards

HDFC Bank wins coveted CII award for 'Most Innovative Best Practice'

HDFC Bank's efforts in furthering financial inclusion through partnership with the Government of India's Common Service Centres (CSC) have been adjudged 'Most Innovative Best Practice' for financial inclusion at the coveted CII Digital Transformation Award 2021.HDFC Bank focuses on financial inclusion by offering entire bouquet of its world-class products through CSC's network of VLE centres:*1.1 lakh VLE (Village Level Executive) centres run by CSC e-Governance*Of these, over 1 lakh VLE centres are in Rural & Semi-Urban locations*These locations cover close to 50,000 villages across India*These villages are spread across 685 districts and 5,176 sub-districts*Additionally, the bank has 5,686 branches across 2929 cities/ towns - 50 per cent of these are located at Rural & Semi-Urban locations.Partnering with CSC entailed 'creating a parallel bank' for over 1 lakh village-level entrepreneurs, manning the VLE centre, who would offer all products and services of the bank, in ..

HDFC Bank's MSME loan book in Tamil Nadu breaches Rs 20,000 crore

The bank was the second largest bank in the state with a market share of over 10 per cent, it said

Fintech leading India's banking revolution but it's hampered by old rules

The country's licensing policy for financial institutions is past its sell-by date. Innovative solutions are out there but require regulation.

HDFC Bank quickest to list among 100 global firms, shows data

E-commerce giant Amazon also is among the fastest as it went public in just three years.

HDFC, Bajaj Finance hike rates on long term deposits ahead of RBI meet

India's largest mortgage lender, HDFC Ltd, hiked its long-term rates by upto 15 basis points (bps)

Here's why Mehul Kothari recommends buying Britannia, HDFC Bank

According to the technical analyst from Anand Rathi, Britannia is hovering near its 200 DSMA support which also coincides with the ICHIMOKU cloud on the weekly scale, thus the downside seems marginal

Nifty Bank hits 200-DMA. How to trade bank stocks in the next few sessions

Expect PNB, Bandhan Bank and other banks to trade with a negative bias below 200-DMA

Former RBI executive director Lily Vadera joins HDFC Bank board

Vadera has 33 years of experience in central banking. She retired as Executive Director from the Reserve Bank of India in October 2020

HDFC Bank, SBI: Analysts bullish on bank stocks as credit revival picks up

Analysts at Credit Suisse are more optimistic compared to their peers and expect double-digit growth in credit off-take during the second half of the current fiscal (H2-FY22)

Equitas Small Finance Bank partners with HDFC Bank to launch credit cards

The credit card can be availed in two categories

What's behind Indians' credit card spending surge in recent months?

India's credit card spending is back with a bang. What is driving the surge? Does this indicate a quick economic recovery? What are the lessons we can draw from this trend? Let us take a look

Market cap of nine most valued firms falls by over Rs 2.48 trillion

ICICI Bank is the only firm among market leaders to improve valuation last week; Reliance continues as India's most valued company.

Top Headlines: Brokerages turn cautious on India, business travel takes off

Business Standard brings you the top headlines at this hour

HDFC Bank to ICICI, 8 banks recast exposures worth Rs 27,000 cr in OTR 2.0

The country's largest private lender HDFC Bank had the highest share in restructuring at Rs 17,395 crore, followed by another private lender ICICI Bank at Rs 4,156 crore

CCI approves HDFC Bank's acquisition of 4.99% stake in HDFC ERGO

Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company.

HDFC Bank, USAID, others launch $100-mn Covid-19 credit facility for MSMEs

The credit facility will extend working capital loans to small businesses that need financing to support their digitisation and recovery from the effects of the pandemic, HDFC Bank said

HDFC Bank, Mastercard, USAID commit $100-mn credit facility for small biz

The new credit facility aims to expand lending to small businesses in India that need financing to maintain and grow their operations, says HDFC Bank