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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