Tag: hdfc bank
2 senior HDFC officials leaked confidential data, bank’s internal probe shows
An internal probe by HDFC Bank Ltd. — India’s largest by market value — found evidence that two senior executives disclosed confidential business strategies and…
Sensex, Nifty open lower as investors track bank earnings, rising oil prices
Both Sensex and Nifty opened lower on Monday as investors assessed September-quarter earnings from major private lenders HDFC Bank and ICICI Bank, while elevated crude…
Eye on the price: Retail inflation at 5.54% in September, most on new base
New Delhi: India’s retail inflation climbed to 5.54% year-on-year in September, the highest for the gauge since January, raising the probability of further increase in…
RBI raises repo rate to 5.5% in first hike under Governor Sanjay Malhotra, shifts stance to ‘calibrated tightening’
Mumbai: The Reserve Bank of India (RBI) on Wednesday expectedly raised its benchmark repo rate to 5.5% in the first such increase since February 2023,…
RBI may hike interest rate further in December policy: Experts
New Delhi: With the RBI changing its monetary policy stance from ‘neutral’ to ‘calibrated tightening ‘, experts on Wednesday said that the central bank would…
Anup Bagchi choice for HDFC Bank CEO signals regulatory slant for fresh blood
ICICI Bank veteran Anup Bagchi’s appointment as the managing director and chief executive officer of HDFC Bank is the latest instance of the regulator approving…
‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say
The US Federal Reserve’s return to interest rate hikes is turning up the pressure on India, pushing the rupee past 96 against the dollar and…
Retail inflation in August rises to 4.8%, wholesale print up 9.9%
New Delhi: India’s price pressures intensified in August, with retail inflation accelerating to 4.8%, its highest level since the introduction of the revised Consumer Price…
HDFC Bank submits two names as RBI set to appoint new CEO
HDFC Bank’s board has submitted two candidates to the Reserve Bank of India for the role of CEO, the lender said on Saturday, formally starting…
India’s balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC Bank
New Delhi [India], September 4 (ANI): India’s balance of payments (BoP) is expected to post a surplus of USD 60-65 billion in FY27 despite a…