RBI Thwacks A Fine Of Rs. 1 Crore On HDFC For Non-Compliance
The Reserve Bank of India forced a fine of Rs 1 crore on HDFC Bank Ltd. for not complying with its know-your-customer and anti-money laundering...
Tag : hdfc
From Essel Group Debt Scheme HDFC MF Plans to buy Rs.500 cr NCDs
The debt schemes that have exposure to Non-Convertible Debentures (NCDs), HDFC Mutual Fund has decided to buy Rs 500 crore worth of NCDs of the...
Further 4.22% Stake Sold By HDFC In Gruh Finance
HDFC in a regulatory filing said that the sale of 3.1 crore shares of Gruh was carried out through stock exchanges at the prevailing market...
IL&FS Shareholders Will Be Probed For Company’s Fall On Its Face
The investigation into the fall of Infrastructure Leasing & Financial Services is set to stretch to include the role of shareholders such as HDFC, State...
SEBI Sends Notice to Kotak MFs, HDFC Questioning the Pact with Essel
The Securities Board of Exchange has asked the legitimacy of the agreement between the two mutual funds and Essel Group that gave the company time...
HDFC’s Net Jumps 27% in the March Quarter, Announces Rs 17.50 Per share dividend
Mortgage lender HDFC reported an increase in the net profit of 27 percent for the March quarter. The net profit of the March quarter increased...
HDFC Bank Is Splitting Its Stock Price For Second Time Since 2011
On May 22, the country’s most valued private lender by market value HDFC Bank will consider a proposal to split the face value of its...
Provision Declines as a Result HDFC Bank Profit Meets Estimates
On the back of steady asset value and lower provisioning for bad loans, HDFC Bank Ltd.’s quarterly profit met analyst estimates. A private lender said...
HDFC Ltd to Raise Rs. 3,000 Cr Through NCDs
Housing Development Finance Corporation Ltd said it will elevate up to Rs. 3,000 crore by issuing bonds on private placements to enlarge its long term...
HDFC Is Allowed To Hold Only 9.9 Percent In Bandhan Bank Says RBI
According to the exchange filing, India’s largest mortgage lender has agreed to merge its low-cost arm Gruh Finance Pvt. Ltd. with Bandhan Bank, can hold...