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MUMBAI: India’s largest housing finance company HDFC and the largest private lender ICICI Bank have slashed interest rates and are now offering home loans of up to Rs 30 lakh at 8.35% — the same rate which State Bank of India.

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All the retail segments delivered high double digit growth barring gold loans. domestic loan book. On liabilities side, demonetization led to strong CASA flow (+37% YoY) especially led by savings account (SA) growth of 38% YoY. Given.

The company had earlier disclosed that the capital raised will be utilised to participate in the preferential issue of HDFC Bank up to an amount of not exceeding Rs 8,500 crore. "This would enable the corporation to maintain its current.

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Abu Dhabi: HDFC Bank, India’s second-largest private sector bank, on Wednesday opened its representative office in Abu Dhabi with the aim to provide services to a large number of non-resident Indians (NRIs) based in the capital.

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Private sector lender HDFC Bank has reduced interest rate on savings bank accounts by 50 basis points to 3.5 % on deposits up to ₹50 lakh. The bank will howver continue to pay 4 % interest on deposits of above ₹50 lakh. “Post.

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Malaysia Housing Loan which risks souring relations with Malaysia even as the UK seeks to radically enhance its trading relations beyond Europe. – The Telegraph *Cagamas issues RM305m papers to purchase home loans Cagamas has issued RM305. A statutory board will take over civil servants’ housing loans, in bid to bolster fiscal position KUALA LUMPUR • Malaysia plans

Puri himself has gone on to become the longest-serving CEO of an Indian bank. HDFC Bank’s success came largely due to its focus on retail loans, which constitute 54% of its loan book, as per latest data. HDFC Bank is among the small.

HDFC Bank Ltd reported a record high quarterly profit, as an increase in interest and fee incomes as well as a steady non-performing loan ratio boosted the bottom line for India’s second-largest lender by assets. Net profit for the lender.

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which are also giving out gold loans. HDFC Bank is the largest lender against gold among private banks. While the NBFCs hand over money in 30 minutes, banks take several days to clear a gold loan. The latter follow complicated.

Liberals have not read ancient Indian texts: Amish Tripathi Bitcoin: Welcome to the digital gold rush Blockchain is not the most. a more balanced/stable net interest margin and within the bank’s asset appetite in terms of asset quality.

MUMBAI, Jan 19 (Reuters) – Two of India’s biggest private-sector lenders – HDFC Bank Ltd and Kotak Mahindra Bank Ltd – each reported a 20 percent rise in third-quarter net profit on Friday due to strong lending growth and as bad.

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It had been expecting to get approval but has not been given the go-ahead yet. The reason for the delay is that the FIPB is debating whether HDFC Bank’s founder — home loan-provider HDFC Ltd. — should be considered a foreign.

Digital payments see strong growth, IMPS volumes up 86 percent Private players see insurance premiums grow 15 percent in January Bank of India reports Rs 2,341. cash hurting even smaller mutual funds? HDFC twins, RIL drive.

The current account deficit is due to robust gold imports and import. given in the table below. HDFC Bank’s gross and net non-performing assets are significantly lower than ICICI Bank indicating superior loan book quality. This is critical.

There’s a large market for an entire suite of products — car loans, two-wheeler loans, tractor loans, light commercial vehicle loans, small working capital loans to traders, personal loans, gold loans. discovered at HDFC Bank by.

A new offer by HDFC Bank in partnership Apple with will now allow card owners to buy older models of the iPhone at a lower effective price. The HDFC EMI offer brings cashback on not just iPhone models but some iPad models as well.

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In an ideal scenario, a long-term portfolio would have a combination. Growth in retail loans is another segment that is likely to deliver long-term returns. HDFC Bank has a well diversified and growing mix of retail loans, including auto.

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HDFC Bank was pulled up for its advertisement wherein it claimed that the bank approves loan applications for two.

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