HDFC Bank, Axis Bank raise fixed deposit rates by up to 4%
New Delhi: Faced with a tight liquidity condition, two leading private sector banks - HDFC Bank and Axis Bank - have raised fixed deposit rates by up to 4 per cent, a move which may be followed by ot
Sensex snaps 5-day rally, down 211 points as RBI steps hurt banks
Mumbai: Banking shares on Wednesday dragged down the stock markets for first time in six days with the benchmark S&P BSE Sensex sliding 211.45 points to 20,090.68 after the RBI took additional st
HDFC Bank Q1 net profit up 30% at Rs 1,844 crore
Private sector lender HDFC Bank on Wednesday reported 30 per cent growth in net profit at Rs 1,843.86 crore for the first quarter ended June, 2013.
Private banks step up hiring; top-five add over 15,000 staff
New Delhi: Leading private sector lenders are in top gear when it comes to expanding their headcount and just five of them, including ICICI Bank and HDFC Bank, added more than 15,000 employees to the
Banks erred in stash case: RBI
Mumbai: An RBI audit report has found certain “aberrations“ at ICICI Bank, HDFC Bank and Axis Bank, which were accused of moneylaundering by an online portal, but no risk of systemic failure was disc
HDFC Bank to double cash payment fees for credit cards
Leading private sector lender HDFC Bank will double the fees charged on cash payments made towards credit card bills to Rs 100 from November 2012.
The bank currently charges a processing fee of Rs 5
Carlyle exits HDFC stake with $841 million sale: Source
Carlyle Group LP has raised $841 million in India's fourth-biggest equity deal in 2012 by selling its remaining 3.7 per cent stake in the country's top mortgage lender Housing Development Finance Corp
Sebi to prefer PSU banks for deposit of surplus funds
Capital market regulator Sebi has decided to park its surplus funds in fixed deposits of PSU banks, even if the returns offered by them are lower than that of private banks by up to 10 basis points (0
Kotak cuts HDFC Bank to 'reduce' on valuations
Kotak Institutional Equities downgrades HDFC Bank to 'reduce' from 'add', though it raises the target price to Rs 575 from Rs 565. HDFC shares flat at Rs 586.85.
Kotak says HDFC Bank trading at 'expe
HDFC replaces Reliance as 2nd most valued private corporate house
HDFC Group has become India's second biggest corporate house after Tatas in terms of private sector stock market valuation, pushing energy-to-retail conglomerate Reliance Industries group to the third