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Companies with $465 billion in combined market cap to see a CEO change in the next 12 months: Here’s what investors should do

Leadership changes in large companies can be pivotal, and often lead to the ushering in of new idea…

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Return ratios now even more starkly in favour of ICICI Bank compared to HDFC Bank

Shares of HDFC Bank have corrected from ₹1,661 on September 15 to ₹1,537 per share after the bank b…

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RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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HDFC Mutual Fund launches its first non-cyclical consumer fund – Should you invest?

HDFC Mutual Fund has launched the HDFC Non-Cyclical Consumer Fund, an open ended equity scheme. The…

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Aditya Puri's replacement as HDFC Bank CEO Sasidhar Jagdishan is an insider since 1996

“RBI sent us the letter with Sashidhar Jagdishan’s name approved for the CEO post late last …

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HDFC Bank's Aditya Puri believes Sashidhar Jagdishan is the 'worthiest person' to succeed him

“I wouldn’t go into the qualities he possesses because most of us would know that. Suffice to sa…

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HDFC reports 18% year-on-year rise in Q2 net profit to ₹4,454 crore

Housing Development Finance Corporation (HDFC) today reported 12.9% growth in its net interest inco…

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Sensex, Nifty50 plummet on selling pressure across all sectors ahead of FOMC minutes

Indian benchmark indices plummeted on Wednesday as bears took control ahead of the FOMC minutes. Se…

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HDFC Bank is already looking for a new CEO, but RBI's proposed limit to tenure is a threat to Uday Kotak

The Reserve Bank of India (RBI) has issued a discussion paper that proposes limited the tenure of p…

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Sensex, Nifty50 edge lower in morning trade as IT stocks witness a sell-off: TCS, Infosys, HCL Tech amongst top losers

India’s equity markets are likely to open on a tepid note on Thursday amid mixed sentiments in equi…

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1 min read

Former Meta India MD Ajit Mohan, ex Colliers India CEO Ramesh Nair invest in proptech startup OfficeBanao

Gurugram-based OfficeBanao, which is a workspace interior platform, said in a statement that it has…

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HDFC Bank board shortlists 3 preferences to succeed Aditya Puri, waits for RBI nod

Puri has been the head of the lender since its incorporation 25 years ago and has led it to be the …

PTI   


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Indian banks better placed than their US peers due to attractive valuations and stickier deposits

Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …

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"Banks must change every 3-4 years," says Aditya Puri, the recently retired chairman of HDFC Bank, dubbed as 'the world's best banker'

Disruption is a part of any industry, and according to HDFC Bank’s former CEO Aditya Puri, banks ne…

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9 mins read

Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops

Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…

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2 mins read

Former HDFC Bank CEO Aditya Puri and Carlyle will be among the new owners of PNB Housing Finance triggering an open offer

The board of non-banking lender PNB Housing Finance has approved a fundraising of ₹4,000 crore. For…

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HDFC says demand for home loans remains strong despite higher rates

Housing Development Finance Corporation today reported a 22% growth in profit after tax at ₹ 3,669 …

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2 mins read

More COVID-19 survivors to opt for life insurance in the country, says HDFC Life CEO

A good number of Covid survivors will opt for life insurance in the country, said Vibha Padalkar, M…

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Digital payments in India touch Rs 38.3 lakh cr at over 23 bn transactions

The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobi…

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5 mins read

New CEO of TCS Krithivasan gets a thumbs up from analysts who are betting on his experience & leadership skills

All eyes are on TCS’ CEO designate Krithi Krithivasan who is taking over the reins of India’s large…