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HDFC Bank denies charges by US law firm, called them 'misleading'

Largest private sector lender HDFC Bank on Monday denied the allegations of misleading claims level…

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Sensex tops 60,000 points while Nifty50 reclaims 18,000 powered by banks, realty and metal stocks

The 30-stock Sensex closed above the 60,000 psychological mark at 60,566, gaining 721 points whi…

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Shrinking car and two-wheeler sales is now hurting India’s biggest private bank

Shrinking retail loans was the primary reason for investor disappointment. Now, the lack of borr…

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5 mins read

ICICI Bank leaves SBI behind in credit card spends as it chases HDFC Bank in pole position

As fear of a third Covid-19 wave in India eased and festive sales began, ICICI Bank surpassed State…

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5 mins read

Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms

The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…

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4 mins read

Indian equity markets shake off jitters to rise in morning trade led by metal, financial services and energy stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Thursday as uncertain…

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4 mins read

Constant FII selling since October bleeds Indian markets; IndusInd Bank, Tata Motors, ONGC top losers

Indian markets continued to fall even on Friday, as it has been since the last few months, as forei…

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Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13

Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…

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4 mins read

RBI tells HDFC Bank to stop new digital launches and selling new credit cards after recent outages of online banking

"We take this opportunity to assure our existing customers that there is no reason to worry. Y…

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4 mins read

SBI, HDFC, ICICI and 12 others banks are joining forces to use blockchain to power Letters of Credit — a move that could be a boon for MSMEs

Banks in India are coming together to use blockchain technology to solve a central problem in tradi…

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2 mins read

After SBI, HDFC Bank issues restructuring guidelines for retail loans

Both banks are also offering to extend the balance tenure of the loan by a maximum of 24 month…

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4 mins read

Bank stocks gain as Supreme Court defers verdict on loan moratorium case to October 5

At the time it gave the government another two weeks to file a detailed affidavit after Solicito…

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2 mins read

HDFC Bank mobile app faces outage, issue resolved after one hour

"We are experiencing some issues on the MobileBanking App. We are looking into this on priority…

PTI   


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Sensex drops over 150 points - Bajaj Finance, Asian Paints, ICICI Bank, Kotak Bank, HDFC Bank and Reliance Industries down

The 30-share BSE index was trading 186.94 points or 0.38 per cent lower at 49,559.27. On …

PTI   


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HDFC Bank reports 16.1% year-on-year rise in net profit for Q1FY22

Besides, the bank's net interest income (interest earned less interest expended) rose to ₹17,0…

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Sensex crunches over by 400 points, Nifty around 14,900 — banks, autos among top drags

After dropping to 50,685.42, the 30-share BSE index pared most losses to trade 65.13 points or 0…

PTI   


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4 mins read

Here's why India's biggest banking stocks went nuts today — and what they missed

In a splash of good news for the banking sector, Finance Minister Nirmala Sitharaman announced the …

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2 mins read

HDFC Bank and SBI customers are facing UPI payment glitches

Customers of HDFC Bank and the State Bank of India (SBI) are reportedly facing issues making digita…

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3 mins read

Indian banks pass Jefferies’ Silicon Valley Bank test, brokerage finds them ‘well placed’

Indian banks in both the public and private sectors have passed global brokerage Jefferies’ SVB tes…