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At HDFC Bank, the succession process assumes greater significance after managing director and chief executive Sashidhar Jagdishan opted out of the reappointment process last month
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HDFC Bank is considering an appeal against an NCLT order approving Subhash Chandra’s repayment plan, under which creditors will receive only Rs 6.5 crore against admitted claims exceeding Rs 22,000 crore. HDFC Bank’s Rs 680-crore claim has 3.2% admitted
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Shares of Life Insurance Corporation of India (LIC) rose 1% after the Reserve Bank of India (RBI) approved its proposal to raise stake in HDFC Bank up to 9.99%. LIC currently holds 4.11% of the bank’s share capital.
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The combined market valuation of nine of India's top-10 most-valued companies rose by Rs 2.51 lakh crore last week, led by Bajaj Finance. Strong equity markets, easing crude prices, improved investor sentiment and renewed FII buying supported the gains
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Sensex and Nifty declined sharply in early trade as HDFC Bank and Axis Bank shares fell after earnings, while rising crude prices amid US-Iran tensions increased market concerns. Reliance Industries gained following record quarterly results, offering some support to investors
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HDFC Bank rejected allegations of wrongdoing linked to reported payments of Rs 45 crore to MSRDC allegedly routed through its marketing department. The clarification came after media reports on an internal vigilance investigation, while the bank’s shares closed lower on the BSE
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HDFC Bank reported an 8.04 per cent rise in consolidated net profit for the March quarter, driven by stable income and growth in advances. The bank also saw steady traction across retail and corporate segments despite a moderation in total income
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Governor Sanjay Malhotra says board minutes reviewed; no concerns on ethics and governance
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Jefferies exited HDFC Bank holdings after chairman Atanu Chakraborty resigned, citing differences. The move reduced India exposure, raised governance concerns, and impacted investor sentiment, with the stock witnessing recent declines
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Atanu Chakraborty resigned as part-time chairman of HDFC Bank citing ethical concerns, marking an unprecedented mid-term exit. Keki Mistry was appointed interim chairman as the RBI approved leadership transition
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Mumbai markets plunged early Thursday as Sensex and Nifty fell sharply, ending a three-day rally amid surging crude oil prices, weak global cues, and heavy FII outflows. Banking and financial stocks led losses, while energy shares showed limited resilience
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India’s top-10 firms lost Rs 4.48 lakh crore in market value as equities plunged, tracking a sharp fall in BSE Sensex and NSE Nifty. Banking giants State Bank of India and HDFC Bank led losses amid rising crude prices and Middle East tensions
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HDFC Bank has announced that UPI-based cardless cash withdrawals will be counted within customers’ monthly free ATM transaction limits from April 1. The move standardises withdrawal charges across channels, with excess transactions attracting regular ATM fees under the bank’s revised policy
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Five HDFC Bank employees were arrested in Shopian district, Jammu and Kashmir, over an alleged large-scale financial fraud after a complaint prompted the Economic Offences Wing of the Crime Branch to conduct searches across Shopian and Budgam district, officials said
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Equity benchmarks Sensex and Nifty fell sharply in early trade amid heavy selling in Reliance Industries, HDFC Bank and others, as investor sentiment weakened following fresh US tariff warnings against India, persistent volatility, and continued foreign fund outflows despite stable domestic fundamentals
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Seven of India’s top-10 valued firms added over Rs 1.23 lakh crore in market capitalisation last week, tracking a broader market rally. Reliance Industries led the gains, while TCS, Infosys and Bajaj Finance saw valuation declines
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HDFC Bank has received RBI approval to raise its stake in IndusInd Bank up to 9.5 per cent. The clearance is subject to compliance with banking, securities and foreign exchange regulations, and bars board representation
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Sensex and Nifty recovered from early losses in late morning trade, led by banking and auto stocks. Kotak Mahindra, HDFC Bank, and Reliance gained, while FIIs sold equities. US Fed rate cut had limited impact on Indian markets
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Indian banks need capital expansion, policy reform, and greater autonomy to break into the global big league
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HDFC Bank CEO Sashidhar Jagdishan clarified that AI adoption won't cause layoffs, instead shifting staff from backend to customer-facing or tech roles. Despite experimenting with generative AI, the bank sees it as a growth tool, not a job threat