HDFC Bank

Six Indian banks’ outlooks revised to positive as economy strengthens

Infrastructure spending will pave the way for robust economic growth, says S&P.

Six Indian banks’ outlooks revised to positive as economy strengthens

Infrastructure spending will pave the way for robust economic growth, says S&P.

India’s HDFC Bank clinches $500m to support microlending for women

The loan will enable the bank to grow its microlending to women, HDFC said. 

Chinese banks dominant whilst Japan, South Korean banks’ assets falter

Australian and Singaporean banks’ assets remained steady, S&P’s study showed.

India’s HDFC Bank penalised by state tax officer of Gujarat

This is due to “disallowance of input tax credit” under section 73 of the CGST Act.

HDFC Bank unveils business credit cards with 55-days interest free

The cards offer up to ten times rewards points on business spends.

India’s private banks’ NIMs contract 32  basis points in Oct-Dec 2023

Growth in unsecured loans is expected to slow, which will impact credit growth and NIMs.

HDFC Bank names new chief of internal vigilance

Sachin Suryakant Rane was a senior police inspector before joining the bank.

India’s HDFC Bank net profit up 18.3% in Q4

Net interest income and fee income rose to INR6,052.6 crore during the quarter..

India’s private banks to widen gap with state peers when economy rcovers: report

Investors will likely seek signs that private lenders will be able to step up lending once COVID subsides.

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