HDFC BANK NEWS

Big News: HDFC Will Merge With HDFC Bank, 41 Percent Stake Will Be Acquired

Big News: HDFC Will Merge With HDFC Bank, 41 Percent Stake Will Be Acquired

Housing Development Finance Corporation (HDFC) is going to be merged with HDFC Bank and its preparations have been completed. It was officially announced on Monday. Chairman Deepak Parekh said that after this transformational merger, HDFC will have 41 per cent stake in the bank. Process to be completed by 2024 HDFC said on April 4 that its …

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Big Relief: RBI Lifted Restrictions On HDFC Bank. Know Details Here

Big Relief: RBI Lifted Restrictions On HDFC Bank. Know Details Here

The Reserve Bank of India has lifted all restrictions on private sector HDFC Bank’s Digital 2.0. Information in this regard has been provided by the bank to the stock exchange. It has been said by the bank that after the lifting of the ban, it can resume all types of digital initiatives.  HDFC Bank on …

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SBI vs HDFC: To Get FD Of 5 Lakhs For 2 Years, Where is The More Profit After Increasing Interest Rates

SBI vs HDFC: To Get FD Of 5 Lakhs For 2 Years, Where is The More Profit After Increasing Interest Rates

Interest rates on deposits from banks are now being increased. Bank Fixed Deposit or Term Deposit is a traditional investment option. Bank FDs are a better way to give a safe and fixed income. The country’s largest bank SBI recently increased the interest rates of its term deposits. After this HDFC Bank has also decided to increase the interest …

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HDFC Bank Alert: These Rules Related To Card Will Change On 1st January 2022

HDFC Bank Alert: These Rules Related To Card Will Change On 1st January 2022

HDFC Bank has issued an alert for its customers. If you are also a HDFC Bank customer, then there is an important update for you. Giving information to the customers, the bank said, ‘The description of your HDFC Bank card entered on the merchant website/ app will be deleted. RBI had given orders regarding this, …

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HDFC BANK

Analysis | Under Sashidhar Jagdishan, HDFC Bank is Fighting Two Enemies Simultaneously

A closer look at the first quarter (April-June) numbers of India’s largest private lender shows that the resurgence of COVID-19 has taken a toll on its books. Business growth has slowed down. There is abundant caution over the selection of new loans, including retail assets. On the other hand, the Reserve Bank of India (RBI) audit on …

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VACCINATION IN INDIA

HDFC bank to cover vaccination cost of employees and family members

HDFC Bank said in a statement that the bank  will sponsor the inoculation of over 1 lakh employees of the bank and their immediate family members against coronavirus. The bank will reimburse vaccination costs for the two mandated doses. Ashima Bhat, Group Head, HDFC Bank, said all employees of the bank are like the front-line …

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