HDFC Bank News

Mumbai: Bank employee duped of Rs 10.83 lakh

In his complaint, Bhandup resident Prasad Tavde said while he has been working with HDFC since 2017, he was looking for a new job and had uploaded his resume on a job portal.

HDFC cuts lending rates by 10 bps for new, existing borrowers

For home loans up to Rs 30 lakh, the financier is offering 8.60 per cent now. For women borrowers, the new rate is 8.55 per cent, HDFC said in a statement.


Kaizad Bharucha interview: ‘We need land and labour reforms and a big focus on developing infrastructure’

Kaizad Bharucha said that as NBFCs had a fair share in retail and rural consumption, it slowed as NBFCs got constrained.

HDFC bank shifts hiring focus, to take 5,000 freshers via tie-ups

Hiring freshers involves a significantly high 68 per cent of the bank's gross hiring at present. The bank added almost 10,000 people on a net basis in FY19, taking its overall base to over 98,000.

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.