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Mumbai Police ink 3-year pact with HDFC Bank, to transfer salary accounts of all personnel from Axis

October 23, 2020 7:21 am

Sources in the department said the contract of handling salary accounts of Mumbai Police as well as home department employees working for the police force was with Axis Bank in 2003. In 2015, the agreement was renewed and extended to July 31, 2020.

HDFC Bank shares jump 3% after robust Q2 earnings

October 19, 2020 12:08 pm

HDFC Bank stock gained 2.48 per cent to Rs 1,228.80 on the BSE. On the NSE, it rose by 2.97 per cent to Rs 1,235.

HDFC Bank net rises 18.4% in Q2 to Rs 7,513.1 crore

October 18, 2020 12:41 am

The gross and net non-performing assets were at 1.08 per cent of gross advances and 0.17 per cent of net advances as of September 2020, respectively.

Loan restructuring for retail borrowers: HDFC Bank sets Rs 25,000 as minimum outstanding

September 23, 2020 12:36 am

The bank has indicated that it may levy a fee if the borrower chooses to restructure the loan.

HDFC Bank launches video KYC facility for savings, salary accounts and personal loans

September 17, 2020 1:40 pm

HDFC Bank Video KYC facility: The Video KYC process is online, secure and quick, the bank said adding that customers can now sit in their home or office and open a full KYC – all benefits account in HDFC Bank in a few minutes.

US investor rights law firm announces securities probe against HDFC Bank

August 18, 2020 12:28 am

According to the law firm, on July 13, 2020, there was a report that HDFC Bank had “conducted a probe into allegations of improper lending practices and conflicts of interests in its vehicle-financing operations involving the unit’s former head.

US law firm Rosen plans lawsuit against HDFC Bank on alleged misleading info to investors

August 17, 2020 5:32 pm

"Rosen law firm is preparing a securities lawsuit on behalf of HDFC Bank shareholders," the global investor right law firm said in a statement on its website.

HDFC Bank Shaurya KGC Card for armed forces

What is HDFC Bank Shaurya KGC Card and how to avail it?

August 14, 2020 3:13 pm

HDFC Bank Shaurya KGC Card: The new product by HDFC Bank comes with never-seen-before features and eligibility criteria specially crafted for over 45 lakh Indian armed forces personnel.

RBI clears Sashidhar Jagdishan as HDFC Bank CEO and MD

August 04, 2020 12:43 pm

Sashidhar Jagdishan will be appointed for a period of three years starting from October 27, HDFC Bank said in a BSE filing.

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Rural economy ‘bright spot’ ... to lead recovery: Deepak Parekh

July 31, 2020 5:09 am

HDFC Chairman Deepak Parekh Thursday said the COVID-hit economy is likely to recover on the back of the rural sector and “signs of the wheels of the economy beginning to churn are evident”.