HDFC Bank News

RBI imposes Rs 1 crore fine on HDFC Bank

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of the Banking Regulation Act, 1949 ...” the Reserve Bank added.

Over Rs 2.05 lakh cr bank frauds in 11 years: ICICI Bank, SBI and HDFC report maximum cases

Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 were reported by the ICICI Bank involving Rs 5,033.81 crore.


HDFC Bank profit rises 22.6% in Q4; Gross NPAs up at `11,224 crore

According to the bank, provisions and contingencies for the latest quarter were Rs 1,889.2 crore (consisting of specific loan loss provisions Rs 1,431.2 crore, general provisions Rs 191.2 crore and other provisions Rs 266.9 crore) as against Rs 1,541.1 crore in the year ago period.

HDFC Bank opposes plea of banks’ consortium to liquidate Vijay Mallya’s assets

HDFC Bank has claimed in its reply to the consortium’s plea that as part of its business operations, it has been extending commercial loans to United Breweries (Holdings) Limited since the 1980s.

Ease the flow

RBI’s tight monetary policy has kept real interest rates high, impacting investment flow and job creation.

HDFC Bank cuts MCLRs by 5 basis points

The country’s largest private sector lender by market capitalisation has reduced the rates after back-to-back rate hikes in December and January.


Shares of HDFC Bank jump nearly 3 pc post Q3 results

The private sector lender Saturday reported 20.3 per cent growth in net profit to Rs 5,585.9 crore for the third quarter ended December 31, mainly on account of higher net interest income.

HDFC Bank Q3 net profit increases 20.3% to Rs 5,586 crore

The bank’s total income for the quarter was at Rs 30,811.3 crore, up 26 per cent from Rs 24,450.4 crore for the quarter ended December 2017.

HDFC Bank Treasurer Ashish Parthasarathy: ‘With inflation staying low, chances of a rate cut have certainly opened up’

He said that while low inflation has opened up the chance of a rate cut, it is unlikely before April 2019.

HDFC Bank's new MobileBanking app pulled from stores, old one to be restored

HDFC Bank App Down: HDFC Bank's MobileBanking App has not been working for nearly five days. The HDFC Bank app has been pulled from both the App Store and Google Play Store