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Mumbai: HDFC Ltd has announced the completion of the USD 1.1 billion Syndicated Social Loan Facility for the financing of affordable housing in India. The loan has been priced 90 basis points over Secured Overnight Financing Rate (SOFR). “Affordable housing is a critical component of quality infrastructure as also a growth driver for the real […]
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By Srinivas Bandhakavi Hyderabad: HDFC Bank is the country’s largest bank by market capitalisation with Rs 7,78,000 crore. It is also India’s largest private sector bank by assets and was the world’s 10th largest bank by market capitalisation in April 2021. Trading at Rs 1,400 as of July 8, the share price is just off […]
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Sangareddy: Unidentified miscreants cut open an ATM and stole Rs 15.70 lakh in cash at Bhanur village in Patancheru Mandal in the intervening night of Thursday and Friday. The intruders used gas cutters to cut open the ATM machine. The theft was noticed on Friday morning when some locals went to the ATM to withdraw […]
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Karimnagar: Collector RV Karnan instructed HDFC bank officials to sanction funds for the development of Karimnagar town. The collector conducted a meeting with the officials of Municipal Corporation of Karimnagar and HDFC bank at the Collectorate conference hall here on Friday. Speaking on the occasion, Karnan wanted HDFC bank authorities to sanction the amount for […]
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New Delhi: Housing Finance Company HDFC has increased its Retail Prime Lending Rate (RPLR) on housing loans by 5 basis points. The revision would come into effect from Wednesday itself. The upward revision in rates will essentially lead to an increase in EMIs for borrowers. The hike in rates came close on the heels of […]
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Hyderabad: We are constantly getting messages that say click the below link to win 1 crore or 10 crores. Most times they are just enticing messages from scamsters reaching out to gullible people to hoodwink them and clean out their bank accounts. However, a few HDFC customers have become crorepatis for a day, without actually […]
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HDFC and HDFC Bank merger sparks optimism, but regulatory costs, risks, and long-term integration challenges raise questions on sustained benefits
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Mumbai: India’s largest private lender HDFC Bank on Monday agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan in the largest deal in the country’s corporate history. The proposed entity will have a combined asset base of around Rs 18 lakh […]
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Mumbai: Starting off the week on a strong note, the Sensex soared more than 1,100 points in early trade on Monday, driven by substantial gains in index majors HDFC Bank and HDFC amid mixed trends in Asian markets. In the morning trade, the 30-share Sensex skyrocketed 1,143.78 points to 60,420.47 points, while broader Nifty 50 […]
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Karimnagar: Telangana Academy for Skill Knowledge (TASK), Karimnagar, is set to organise a mega job mela at Sri Chaitanya College of Engineering here on Thursday. Representatives from (24)7. ai, Modak Analytics, VIIA Tech Solutions, Cluster IT, NIIT and HDFC will participate in the job mela and select candidates for their entry-level recruitment. Students, who have […]
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Some netizens expressed rage over the helpless situations of students during the pandemic while some supported the bank saying candidates selected without examinations can be a threat.
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For the quarter ended June 30, 2021, the net profit attributable to the corporation stood at Rs 5,041 crore as compared to Rs 3,614 crore in the previous year
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His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed a salary of Rs 4.77 crore for the fiscal year
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New Delhi: Life insurers in India should be allowed to play a bigger role to create an ecosystem in the healthcare sector so that they can be the “disruptor” rather than the “disrupted”, HDFC Life chairman Deepak S Parekh said in the company’s annual report. The year started on an uncertain note, the pandemic led […]
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Under a participating plan, a policyholder is eligible to get a share in the profits of company in the form of bonus.
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“Lower interest rates, stable property prices and PMAY schemes have made buying a house more affordable,” Renu Sud Karnad, MD, HDFC Ltd said.
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In December 2020, the RBI took the unprecedented step of stopping the largest private sector lender from selling any new credit cards and also launching new digital services.
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Several users took to social media to complain regarding the issues faced on the app.
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HDFC acquired shares of the Anil Ambani controlled engineering and construction major on account of invocation of pledge through Axis Trustee Services Ltd.
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National Scholarship Scheme (SAKSHAM) HRDM, 2021: The Human Resource & Development Mission invites applications for National Scholarship Scheme (SAKSHAM) HRDM, 2021 from candidates in the age group of 16 to 40 years. A step towards the Digital India initiative, this online examination reduces the processing time of the results and helps deliver scholarships to meritorious […]
