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HDFC Bank shares up nearly 4% after savings rate cut

HDFC bank has been trying to increase term deposits after it took over its home loan parent HDFC in 2023.

The way a rate cut would help this is it could force more depositors to move towards higher yielding term and recurring deposits.(Reuters)
Published on Apr 15, 2025 02:46 PM IST

HDFC Bank Q3 2025 results: Net profit rises 2.2%

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to ₹17,657 crore for the October-December quarter.

HDFC Bank Q3 2025 results: HDFC Bank Ltd has announced its third quarter earnings for the financial year 2024-25 on Wednesday, January 22, 2025.(Reuters)
Updated on Jan 22, 2025 03:30 PM IST

HDFC Bank Q3 results today: Here's what to expect

HDFC Bank Q3 2025 results today: HDFC Bank will announce its earnings for the third quarter of the financial year 2024-25 on Wednesday, January 22, 2025

HDFC Bank Q3 2025 results today: Pedestrian walk past an HDFC Bank Ltd. branch in Mumbai, India,(Bloomberg)
Published on Jan 22, 2025 12:03 PM IST

Mcap of five of most-valued firms tumbles 1.85 lakh crore; HDFC Bank hit hard

The market capitalisation (mcap) of HDFC Bank dropped by ₹70,479.23 crore to ₹12,67,440.61 crore.

Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India and ITC faced erosion from their market valuations(REUTERS/file)
Updated on Jan 12, 2025 10:44 AM IST
PTI |

HDFC Bank rule change from Oct 1: New reward points rules for these credit cards

HDFC Bank's loyalty program for select credit cards will change on October 1. Redemption of reward points for Apple products will be limited to one per quarter.

Starting October 1, 2024, HDFC Bank limits the redemption of reward points for Apple products to one per calendar quarter on the SmartBuy platform for Infinia & Infinia Metal cards.(Reuters)
Published on Sep 25, 2024 03:40 PM IST

These financial rules will change from today and impact your expenses

Money related changes in August: HDFC Bank has brought a slew of changes starting August 1 which will directly impact its credit card holders.

Money related changes in August: These changes will come into effect from August 1 and are likely to affect your expenses.
Updated on Aug 01, 2024 09:02 AM IST
By | Edited by

HDFC Bank scheduled downtime on July 13: These services will not work for 14 hrs

Cash deposit, fund transfer, mini statement, enquiry/Billpay services and cardless cash withdrawal will not be available during HDFC scheduled downtime.

The headquarters of India's HDFC bank is pictured in Mumbai. (Reuters)
Updated on Jul 12, 2024 12:55 PM IST

HDFC Bank scheduled downtime on July 13: Which services you can, cannot use

HDFC Bank downtime on July 13: The scheduled downtime is on Saturday and will begin from 3:00am and end at 4.30pm on the same day.

HDFC Bank downtime on July 13: The headquarters of India's HDFC bank is pictured in Mumbai. (Reuters)
Updated on Jul 09, 2024 12:57 PM IST

HDFC Bank to stop SMS alerts for these UPI payments. Check details here

HDFC Bank advised customers to ensure their primary email addresses are up to date to receive all transaction notifications.

The headquarters of India's HDFC bank is pictured in Mumbai.
Published on May 29, 2024 10:27 AM IST

Hike in bank, credit card charges from May 1: What changes for you?

Yes Bank and IDFC FIRST Bank said that their credit card customers will have to pay a higher amount as fees for paying utility bills.

YES Bank revised some of its charges on credit cards barring for the 'private' credit cards.
Published on May 01, 2024 06:07 PM IST

5 money changes in May 2024: Saving accounts, credit cards, FD deadlines

HDFC Bank extended last date to invest in its senior citizens-only special fixed deposit scheme to May 10, 2024.

ICICI Bank revised savings account service charges of some of the services. Check these five money changes that will happen in May 2024.
Published on Apr 29, 2024 09:19 AM IST

HDFC Bank NetBanking down: What mobile alternatives can you use?

HDFC Bank NetBanking down: The bank said, "A few customers may experience issues while accessing NetBanking."

The headquarters of India's HDFC bank is pictured in Mumbai.
Updated on Apr 22, 2024 05:30 PM IST

HDFC Bank shares rise post Q2 results. To buy, sell or hold stock?

These were the HDFC Bank's first quarterly results since the July merger of HDFC Limited into the country's largest lender.

The headquarters of India's HDFC Bank is pictured in Mumbai, India. (Reuters)
Published on Oct 17, 2023 12:03 PM IST
By, New Delhi

HDFC Bank reports Q2 net profit at 16,811 cr; 15,976 cr as standalone

These were the first results since the June merger of HDFC Limited with and into HDFC Bank.

Representational Image
Published on Oct 16, 2023 05:00 PM IST
PTI |

HDFC merger: Ex-chairman Deepak Parekh's offer letter shows first salary was…

According to the offer letter, Parekh was offered a basic salary of ₹3,500 plus ₹500 as dearness allowance.

Deepak Parekh, former chairman of Housing Development Finance Corporation(HDFC) Ltd.(Hemant Mishra/Mint)
Updated on Jul 06, 2023 07:20 AM IST

Deepak Parekh steps down as HDFC chairman. Read full statement to shareholders

The reverse merger of parent HDFC Ltd with HDFC Bank is expected to be effective from July 1.

Deepak Parekh in the last message to the shareholders said home loans will now be complemented with HDFC Bank’s core strengths -- its sales engine, execution capabilities at scale and deep insights on consumer behaviour(MINT)
Published on Jun 30, 2023 10:31 PM IST

From ITR filing deadline to LPG prices, what's expected to change in July

Changes to happen from July 1: Here's a look at the key changes that the people need to know that will come into affect from July 1, 2023.

Commercial LPG cylinders price was increased by <span class='webrupee'>₹</span>350.50 per unit and domestic LPG cylinders by <span class='webrupee'>₹</span>50 per unit (Representative Photo)
Published on Jun 29, 2023 05:17 PM IST

Apple set to launch its credit card in India: Report

Apple currently operates a premium credit card in the United States, made of titanium and launched in partnership with Mastercard and Goldman Sachs.

Apple is having talks with the National Payments Corporation of India (NPCI) to launch ‘Apple Pay’ in the country
Updated on Jun 23, 2023 03:14 PM IST

HDFC beats Q4 profit estimates on strong home loan demand

HDFC said profit after tax rose to 44.26 billion rupees for the three months ended March 31, from 37 billion rupees a year earlier.

The headquarters of India's HDFC Bank is pictured in Mumbai, India.(Reuters)
Published on May 04, 2023 03:59 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar

HDFC Bank users confidential data leaked, claims hacker; bank denies

The HDFC data leak allegedly contains full names (with middle name included), date of births, age, phone numbers, personal emails, permanent emails, work emails, marriage status, gender, residence address lines, and much more.

The headquarters of India's HDFC Bank is pictured in Mumbai, India.(Reuters)
Published on Mar 09, 2023 06:34 PM IST

ICICI Bank, SBI and HDFC Bank revise fixed deposit interest rates: Report

The ICICI bank, State Bank of India and HDFC bank have raised interest rates on fixed deposits.

ICICI Bank, Virar, at the time of the incident.
Published on Feb 24, 2023 04:51 PM IST
By | Written by Aryan Prakash

HDFC Bank Q3 result: Profit up by 18.5% to 12,260 crore

Total income on a standalone basis rose to ₹51,207.61 crore in the October-December quarter of FY23, as against ₹40,651.60 crore in the same period of the previous financial year, HDFC Bank said in a regulatory filing.

The headquarters of India's HDFC Bank is pictured in Mumbai, India.(Reuters)
Published on Jan 14, 2023 02:31 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Market cap of 10 most valued firms erodes by 1.68 lakh crore: Report

Market sentiment remained weak amid surging COVID cases in China and a few other nations, while stronger US growth data cemented expectations of the Federal Reserve continuing with its hawkish stance.

Last week, the Sensex tumbled 1,492.52 points or 2.43 per cent(Bloomberg)
Published on Dec 25, 2022 01:41 PM IST
PTI | | Posted by Aryan Prakash

After SBI, HDFC Bank raises interest rates on FDs less than 2 crore

According to the bank's official website, the new rates are effective from December 14.

The headquarters of India's HDFC Bank is pictured in Mumbai, India. (Reuters/Used only for representation)
Published on Dec 14, 2022 05:20 PM IST
By, New Delhi

India's HDFC Bank, Canara Bank get nod for rupee trade with Russia: Report

The RBI in July introduced a new mechanism for international trade settlements in rupees, aiming to promote exports and facilitate imports.

The HDFC bank.
Published on Nov 21, 2022 11:49 PM IST
Reuters |

HDFC Bank's Q2 profit jumps by 22.30% at 11,125 crore: Report

HDFC Bank had reported a consolidated net profit of ₹9,096.19 crore in the year-ago period.

The HDFC Bank's total income rose to <span class='webrupee'>₹</span>46,182 crore from <span class='webrupee'>₹</span>38,754 crore in the year-ago period.
Published on Oct 15, 2022 02:22 PM IST
PTI | | Posted by Aryan Prakash

HDFC Bank hikes interest rates on this deposit scheme. Details here

Recurring deposits are unique term deposits which allow people to make regular investments and earn decent returns on them. It often provides flexibility and ease of investments.

According to the report, HDFC Bank hiked interest rates on recurring deposits which mature in six months to 36 months and 90 to 120 months
Published on Oct 14, 2022 05:45 PM IST

HDFC Bank extends this special fixed deposit scheme for senior citizens

HDFC Bank's Senior Citizen Care FD commenced on May 18, 2020 and was repeatedly extended during Covid-19 pandemic.

HDFC Bank's Senior Citizen Care FD was set to expire on September 30, 2022.
Published on Oct 05, 2022 05:47 PM IST
By | Written by Aryan Prakash

HDFC raises lending rate by 50 bps, EMIs to increase

HDFC Ltd on Friday hiked its lending rate by 50 basis points after Reserve Bank of India (RBI) raised the benchmark interest rate to tame inflation.

This is the seventh rate increase undertaken by HDFC in the last five months.(Bloomberg)
Published on Sep 30, 2022 07:08 PM IST
PTI | | Posted by Lingamgunta Nirmitha Rao

ICICI Bank hikes fixed deposit interest rates. Check rates of SBI, HDFC Bank

Private moneylender ICICI Bank increased its interest rates for deposits less than ₹2 crore and also the ones between ₹2 crore and ₹5 crore.

ICICI Bank has increased interest rates for term deposits below <span class='webrupee'>₹</span>2 crore and those between <span class='webrupee'>₹</span>2 crore and <span class='webrupee'>₹</span>5 crore. 
Published on Sep 26, 2022 02:40 PM IST
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