Bajaj Finance and Adani Transmission Exclude LIC from 10 Most Valuable Companies
Life Insurance Corporation of India, placed in India’s top 10 companies by market capitalisation, was replaced by Bajaj Finance and Adani Transmission, both of which...
Tag : HDFC Bank
RBI’s Surplus Falls Below Rs 1 Trillion as Liquidity Shrinks
A combination of factors, including Reserve Bank of India (RBI) intervention in foreign exchange markets and strong demand for credit, contributed to a significant reduction...
HDFC Bank to Buy Nearly 10% Stake in Go Digit
HDFC Bank, the country’s largest private sector lender, said on Thursday it will buy a 9.94% stake in Go Digit Life Insurance Ltd. HDFC Bank...
Nifty50 Down 17,350 Led by Financial, IT and FMCG Shares
India’s stock market benchmark opened lower on Tuesday, the second day of its most significant drop in more than two months, weighed down by weakness...
HDFC Bank Plans Rs 2,500 Crore Tier-1 Bond Sale
The private lender HDFC Bank is planning to raise funds worth around Rs 2,500 crore through the issuance of Tier-1 bonds priced around 7.9-7.95 per...
HDFC Bank, Punjab National Bank Hikes Interest Rates on Fixed Deposits
Banks continued to raise fixed deposit rates on Thursday, including HDFC Bank and Punjab National Bank (PNB). While HDFC Bank raised rates by up to...
Sensex, Nifty50 Edge Lower on Weakness In IT, Pharma Stocks
India’s stock market benchmark fell on Thursday, pulling back from a four-month high on weakness in IT, healthcare and oil and gas stocks. Globally, investors...
HDFC Bank Opens New Branch Only For Women in North Kerala
India’s largest private sector bank, HDFC Bank, has started a new first all-women branch in Kozhikode in the North Kerala region. The new branch is...
ICICI Securities, Axis Capital Among 5 Bankers to Manage Govt’s HZL Stake Sale
ICICI Securities, Axis Capital and Citigroup Global Markets are the five investment bankers selected to manage the sale of the government’s remaining 29.53% stake in...
Digit Insurance Files Draft Documents for Rs 5,000 Crore IPO
Digit Insurance, backed by Canadian billionaire Prem Watsa, has filed draft documents for an initial public offering (IPO). According to the filing, the company is...