Friday, 20 May, 2022
TopicHDFC

Topic: HDFC

HDFC plans acquisitions in lending, insurance with new capital of Rs 14,000 crore

HDFC wants to have adequate capital in place to expand lending business once economic growth picks up from downturn sparked by the coronavirus pandemic.

Lockdown will test the resilience of even HDFC Bank, Kotak Mahindra and ICICI Bank

HDFC Bank, Kotak Mahindra & ICICI Bank – India’s strongest private banks – have been unable to escape the effects of the lockdown.

Trump visit: Arun Singh & Kanwal Sibal see good times ahead & who will succeed Puri at HDFC

Today’s political, economic & strategic punditry from Sanjaya Baru, Tamal Bandopadhyay, Ajay Shah, Sandipan Deb & many others.

Sensex crashes by 306 points as HDFC twins & FMCG stocks plummet

Stock markets extended their losses for a third straight day amid weak global trends, sinking the Sensex to an over two-month low.

HDFC Securities turns bullish as midcap stocks slump

HDFC Securities joins growing chorus to invest in smaller stocks after their share prices declined, citing prospect of a rebound.

Banks earn Rs 5,000 crore from customers breaching minimum balance in 2018

According to banking data, SBI earned the most at Rs 2,433 crore followed by HDFC which made Rs 590 crore. 

HDFC Bank may have to rely on Indian market for its $2.3 billion share sale

HDFC Bank is weighing seeking all the capital through a qualified institutional placement in India.

Private banks have benefited from the clampdown on unaccounted cash

HDFC Bank, the most preferred wealth manager in India among high net worth clients surveyed by Euromoney, plans to add as many as 150 relationship managers by the end of 2020 to the current 250.

RBI delays bonuses of top private bankers amid reports of frauds

India’s private banks have had a tough time over the past year, plagued by revelations of hidden bad loans and alleged lapses in corporate governance.

On Camera

YourTurn

PT Pertamina Balongan refinery in Indramayu, Indonesia | Representational image | Bloomberg

Asian refiners to ramp up gasoline exports to US as sky-high prices beckon

In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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