Tag: hdfc bank
Pause or pivot? Here’s what economists are saying after April retail inflation eased to 18-month low
India’s retail inflation moderated to an 18-month low of 4.70% in April on an annual basis as against 5.66% in March, showed data released by…
rbi: India’s forex reserves at comfortable level due to RBI, dollar: Economists
India’s foreign exchange reserves are at a comfortable level currently, benefiting from the Reserve Bank of India‘s persistent intervention and the likelihood of less volatile…
cashfree: Cashfree Payments elevates Arun Tikoo to CBO; Ramkumar Venkatesan as CTO
Payments and API banking solutions company Cashfree Payments announced the elevation of Arun Tikoo as Chief Business Officer (CBO) and Ramkumar Venkatesan as Chief Technology…
Merger with HDFC: A mixed bag for HDFC Bank from RBI on forbearance requests
In a mixed bag for HDFC Bank ahead of the parent HDFC’s merger with itself, the Reserve Bank of India has declined to make exceptions…
Rbi Gives Hdfc Bank Leeway In Loan Norms For Smooth Merger
(This story originally appeared in on Apr 22, 2023) MUMBAI: The RBI has paved the way for the country’s largest banking merger by allowing some…
HDFC Bank reports 20.6% jump in net profit in March quarter: Report
HDFC Bank on Saturday reported a 20.60 per cent growth in its consolidated net profit to ₹12,594.47 crore for the March 2023 quarter. A HDFC…
DGGI digs deep into Insurance companies’ claims of input tax credit
The Directorate General of GST Intelligence (DGGI) has widened its probe against the insurance companies for wrongful claim of input tax credit. It has served…
Rs 2,250 crore tax evasion concern: DGGI sends show cause notices to HDFC Bank, Go Digit, Policybazaar
The Directorate General of GST Intelligence (DGGI) has widened its probe against the insurance companies for wrongful claim of input tax credit. It has served…
Rupee news: Rupee trade arrangement to help cut transactions cost: Piyush Goyal
International trade in the domestic currency will help reduce transaction cost for the industry and several countries are in discussion with the RBI on this,…
India Retail Inflation: What happens to India’s monetary policy rate after inflation eased to a 16-month low
Just about a week after India’s Monetary Policy Committee surprised with a status quo on rates, calling it a pause and not a pivot, the…