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The Latest Breaking News from HDFC

HDFC Bank to add 1,500-2,000 branches every year for 5 years

NEW DELHI: HDFC Bank proposes to double its network of branches in the next three to five years by adding 1,500 to 2,000 branches annually, which would akin to adding a new HDFC Bank every five years, said its managing director and CEO Sashidhar Jagdishan.

The Times of India

Mortgage market to double in 5 years: HDFC chairman

MUMBAI: HDFC chairman Deepak Parekh has said that the size of the mortgage market will double to $600 billion in five years and a banking structure is the best way to tap this opportunity. In his letter to shareholders, the corporation’s chairman called for shareholders’ patience as HDFC navigates through…

The Times of India

Banks hike lending rates, loans to get costlier

MUMBAI: Leading private sector and government-run lenders including Punjab National Bank, ICICI Bank and mortgage lender HDFC have hiked their lending rates that will make home, car and other loans costlier.

The Times of India

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What is the MSCI India Index and why it matters

NEW DELHI: Global indices service provider MSCI had earlier this month announced a couple of inclusion and exclusion, along with changes in weightages of a few Indian stocks, which has influenced flows in these stocks. While it has added four stocks to its MSCI India index, namely Tata Elxsi, Adani…

The Times of India

Morning Digest | India is on the side of peace in Russia-Ukraine conflict, says PM Modi in Germany; Amit Shah reviews power situation, and more

A select list of stories to read before you start your day

The Hindu

Sensex slips for 2nd day as hawkish Fed looms; HDFC shines after Q4 show

MUMBAI: Equities remained under pressure for the second session running on Monday as investors stayed on the sidelines ahead of a crucial meeting of the US Federal Reserve this week where it is expected to go for an aggressive rate hike to tame runaway inflation.

The Times of India

HDFC increases interest rates by 5 basis points

HDFC consumers will pay a higher interest rate on loans as HDFC increased its Retail Prime Lending Rate (RPLR) on housing loans on which its Adjustable Rate Home Loans (ARHL) are benchmarked by 5 basis points with effect from today.

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HDFC raises lending rate by 5 basis points; EMI to rise for existing borrower

NEW DELHI: Mortgage lender HDFC Ltd on Sunday raised its benchmark lending rate by 5 basis points, a move that will increase EMI for existing borrowers.

The Times of India

Markets surrender early gains; sensex declines 237 points

MUMBAI: Equity benchmarks wiped out early gains and settled lower for the third day in a row on Wednesday, with the sensex falling over 237 points, pulled down by HDFC twins amid persistent foreign fund outflows and mixed global trends.

The Times of India

HDFC chairman Deepak Parekh calls on finance minister

NEW DELHI: HDFC Ltd chairman Deepak Parekh on Monday called on finance minister Nirmala Sitharaman amid the proposal of a merger of the mortgage firm with its banking subsidiary HDFC Bank.

The Times of India

Markets fall for 3rd session: Sensex plunges 575 points; Nifty settles at 17,639

NEW DELHI: Equity indices plunged for third straight session with the benchmark BSE sensex falling over 550 points dragged by consumer durables and oil and gas stocks.

The Times of India

Sensex surges 1,335 points to reclaim 60,000-mark; Nifty settles at 18,053: What led to market rally

NEW DELHI: Domestic benchmark indices surged to 2 and half month high on Monday by gains in private lender HDFC Bank and mortgage lender Housing Development Finance Corp after the companies decided to merge their operations.

The Times of India

Explained: Why did HDFC merge with HDFC Bank and what this deal means for investors

NEW DELHI: Mortgage lender HDFC will merge with HDFC Bank to create India's third-biggest financial entity in terms of market capitalisation.

The Times of India

HDFC witnesses highest ever loan approval; crosses Rs 2 lakh crore in FY22

NEW DELHI: Mortgage lender HDFC on Wednesday said it has approved the highest ever retail home loans of over Rs 2 lakh crore in 2021-22.

The Times of India

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The Times of India

Sensex slumps over 1,100 points in early trade; Nifty falls below 16,950

MUMBAI: Equity benchmark sensex tanked over 1,100 points or 2 per cent in opening trade on Thursday, tracking losses in index-majors Titan, Wipro and HDFC twins amid a weak trend in the Asian markets. The US Federal Reserve's indication to raise interest rates soon and persistent foreign fund outflows weighed…

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