Tag: hdfc bank
When is your home loan EMI increasing? RBI rate hike calls pushed back after dovish pause
MUMBAI: India’s central bank will likely begin hiking rates in December or later as core inflation in the economy remains low, four economists said on…
Will FCNR (B) deposit scheme that’s bringing billions of dollars to India end? RBI Governor says this
The Reserve Bank of India (RBI) has no plans to prematurely wind up its special Foreign Currency Non-Resident (Bank), or FCNR(B), deposit scheme that has…
RBI MPC Meeting 2026: Central bank flags a threat for Indian agriculture warming up in the Pacific
Even as the Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday trimmed its inflation forecast, it flagged El Niño-driven risks to agriculture and…
RBI GDP Growth 2026-27: Malhotra & Co lift FY27 GDP forecast to 6.7% from 6.6% on growth resilience
The Reserve Bank of India on Wednesday raised its FY27 GDP growth forecast to 6.7% from 6.6%, citing resilient domestic economic activity and a better-than-expected…
Mintoak acquires rewards fintech ICC Loyalty to expand bank platform in West Asia, Africa
Bengaluru: Merchant payments software company Mintoak has acquired Dubai-headquartered ICC Loyalty in a largely cash-funded deal, adding consumer rewards technology to its bank platform as…
India’s factory output grows 7.3% in June, fastest pace in nearly two years
New Delhi: India’s industrial output grew at its fastest pace in nearly two years in June, driven by a sharp pick-up in manufacturing and electricity…
Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%
Pune-based digital payments firm Easebuzz reported a 10% rise in revenues, at Rs 723 crore, for the year ended March 2026, a sharp drop from…
HDFC Bank fines 3 top executives in MSRDC case
HDFC Bank’s board on Monday issued warning letters and levied a ₹1 lakh penalty on three top officials of the bank, after announcing the completion…
RBI likely used dollar deposit surge to cut record FX forward book, economists say
MUMBAI: The Reserve Bank of India has likely used part of the initial inflows from its foreign-currency deposit drive to unwind a portion of its…
Protein inflation surges as costlier fodder pushes up milk, chicken prices
New Delhi: Inflation in protein-rich foods accelerated to 5.3% in June, more than doubling from January, as heatwaves and higher animal feed costs pushed up…