AndhraNews.net
Home » Features » Banking » HDFC Bank

HDFC Bank


About HDFC Bank

HDFC Bank is a leading Indian Bank. It is a subsidiary of Housing Development Finance Corporation Limited. HDFC Bank acquired Centurion Bank of Punjab (CBoP).

HDFC Bank in News

Tata Capital's Corporate Finance Division Hosts 'Fostering Relationships', its Annual Customer Meet
Business Wire IndiaThe Corporate Finance Division of Tata Capital Financial Services Limited hosted its final Annual Customer Meet under the banner ‘Fostering Relationships’ at The Taj Mahal Palace, Mumbai on 20th February, 2015

Frost & Sullivan Recognizes the Best Projects of India's Manufacturing & Service Enterprises at the Project Evaluation and Recognition Program, 2015
Business Wire IndiaFrost & Sullivan recently concluded the “Project Evaluation and Recognition Program” at Hyatt Regency, Mumbai. The banquet gathered the best of India’s manufacturing and service enterprises, celebrating their success stories and recognizing projects that have created a significant impact on the organization’s performance

Financial Results for the Half-Year Ended September 30, 2015 Standalone & Consolidated
Business Wire IndiaHighlights   Board approves establishment of a Sponsored Level 1 ADR and Issue of Rupee Denominated Bonds Overseas Standalone profit after tax at Rs. 1,605 crore for the quarter ended September 30, 2015 –  growth of 18% 23% growth in the individual loan book (after adding back the loans sold in the preceding 12 months) Spread on loans at 2

Ezetap Raises Rs. 150 Crores to Fund Rapid Growth
Business Wire IndiaEzetap Mobile Solutions, the Bangalore-based pioneer in mobile payments for emerging markets, today announced that is has raised Rs. 150 crores in fresh funding. Ezetap’s current investors; Social+Capital, Helion Advisors, and Berggruen Holdings are joined by Horizons Ventures, the private investment arm for Li Ka-Shing, and the Capricorn Investment Group in this round

Visa Opens Technology Center in Bangalore; Accelerates Digital Commerce Globally
Business Wire IndiaVisa Inc. (NYSE:V) announced the opening of a new technology development center in Bangalore, India, that will play a central role in the company’s efforts to accelerate digital commerce globally

HDFC Ltd Financial Results for the Quarter Ended June 30, 2015 Standalone and Consolidated
Business Wire IndiaPerformance Highlights   Standalone profit after tax at Rs. 1,361 crore for the quarter ended June 30, 2015 Standalone Net Interest Margin for the quarter ended June 30, 2015 at 3.8%, spread on loans at 2.31% 23% growth in the individual loan book (after adding back the loans sold in the preceding 12 months) Gross non-performing loans at 0

Xerox, Check Point, CtrlS, Cigniti & f5 Networks Partner with the BFSI India Conclave 2015
Business Wire IndiaConfianza Integrated Communications (P)Ltd. is hosting the 2nd edition of the annual BFSI India Conclave on the 14th & 15th of May at the Holiday Inn Resorts, Goa this year. Partner to the event are some of the most prestigious organizations , Xerox being the Platinum Partner, Check Point Software Technologies Ltd

Financial Results for the Year Ended March 31, 2015 Standalone and Consolidated

Entrust Datacard Enters Strategic Partnership with Financial Software and Systems (FSS)
Business Wire IndiaEntrust Datacard announced that they have entered into a strategic partnership with Financial Software and Systems (FSS) – a leader in payments technology and transaction processing that provides secure, scalable and seamless card issuance in the Indian market

Concorde Group Launches 'Opus One,' at Kanakpura Main Road
Business Wire India  BMRDA and KPA approved plots are priced at Rs. 2750/- Concorde group has affiliation with 18 banks for home loans ​ A lifestyle defined by class and luxury at the centre of city, with all amenities at an arm’s length and a beautiful landscape to watch on

BMGI Unveils White Paper on 'Demystifying Pricing in Passenger Vehicle Industry'
Business Wire IndiaIn the recent past, the passenger vehicle industry has registered slower growth. It appears as if we are in a time where discounts have become inevitable, customer expects and OEMs are obligated to give. This has led to a pricing strategy that is best described as “me too pricing strategy”

HDFC Ltd Standalone Financial Results for the Nine Months Ended December 31, 2014
Business Wire IndiaPerformance Highlights   Profit before dividend, sale of investments and tax increased 17% to ` 5,245.13 crore for the nine months ended December 31, 2014 Standalone Net Interest Margin for the nine months ended December 31, 2014 at 3.93%, Spread on loans at 2

HDFC Bank Implements Business Continuity Program
SUNNYVALE, CA--(Marketwired - July 02, 2015) - HDFC Bank, one of India's largest private banks has embarked on a Business Continuity program for its critical IT applications

Sanovi Launches Advanced 'Test Drill on the Fly' for Disaster Recovery at IDC CIO Summit in Dubai
[IDC CIO Summit] -- Gartner "Cool Vendor" Sanovi [www.sanovi.com], the leading provider of business continuity and IT recovery software, today launched its new advanced cloud continuity tool at the IDC CIO Summit in Dubai

Xtreme Media Awarded as the First Runner Up in Masterpreneur India Season 2 Reality Show Presented by CNBC AWAAZ
Mumbai based Xtreme Media has been awarded as the First Runner up in Masterpreneur India Season 2 reality show presented by CNBC AWAAZ on 18th December 2014 in Mumbai. Ms. Chitra Ramkrishna – MD & CEO of National Stock Exchange presented the trophy to Mr. Sanket Rambhia-Director of Xtreme Media in the presence of Mr. Keki Mistry –Vice Chairman  & CEO of HDFC Bank and Mr

CII with BMGI Showcase Successful Organizational Strategies at the “Conference on Turnaround Strategy”
Confederation of Indian Industry (CII) along with Breakthrough Management Group (India) as Knowledge Partner organized the “Conference on Turnaround Strategy”. The conference focused on providing a roadmap to Industry on formulating strategies for Business Transformation. The conference was attended by over 100 organizational representatives

BMGI Shares Mantra for Growth for the SMEs at ICICI Premier Roundtable
ICICI Bank in association with The Southern Gujarat Chamber of Commerce & Industry organized the “Premier Round Table” in Surat at the Taj Gateway for the SME Sector. More than 50 CEO/MDs from companies such as Magicrete, Auro University, Colourtrex, Euro India, Rajhans Nutriments, Surat Metallics, Sunrise Glass Industries, etc. attended the session

Maschio Gaspardo India Signups BMGI for Lean Transformation
Maschio Gaspardo signed up the global consulting firm Breakthrough Management Group India, (BMGI) for its lean transformation.   With 19 production units worldwide producing 61 variants of the rotary tiller, the Italian firm, Maschio Gaspardo is today a leader in the production of agricultural equipment for tillage, seeding, crop care, green maintenance and hay making

BMGI Kick-Starts the Placement Season at IIT Kharagpur
Breakthrough Management Group International (BMGI) India, a leading global management consulting firm kick started the recruitment process at IIT Kharagpur on the first day of placements. The pre-placement talk garnered wide attention among the student and generated a buzz in the campus considering the role offered

BMGI Begins Hiring From IIMA and ISB for 2015
The global consulting firm Breakthrough Management Group International (BMGI) kick-started the PGPX program placement season at Indian Institute of Management, Ahmedabad (IIMA), by hiring 2 candidates

Wells Fargo Donates $100,000 for J&K Flood Relief Efforts in India
Wells Fargo & Company (NYSE:WFC) is donating $100,000 to United Way Worldwide to help with flood relief efforts in the state of Jammu and Kashmir (J&K) in northern India. Floods struck the region in September, killing at least 300 people, submerging hundreds of villages, and triggering landslides

6.99% Interest on Home Loans on All Properties at Ensaara Metropark
Luxora Infrastructure is very pleased to announce an agreement with HDFC to provide home loans at a special rate of 6.99% per annum. The rate, which is available for a limited period only, is exclusive to Ensaara Metropark. Ensaara latest offer will help reduce the overall cost of home ownership by reducing the buyer’s home loan interest burden to 6

MyParichay Launches Social Career Site Manager
MyParichay, a leading Facebook based SaaS recruitment platform, today announced its Social Career Site Manager; a new product to its existing SaaS suite of products that helps recruiters across the globe to reach out, attract and engage with passive candidates on their Facebook or mobile device

Deal4loans.com Reaches 50 Lakh Customers Milestone
It is a completely independent Loan comparison service with a comprehensive directory of lenders Provides all the information required about the online loan companies Deal4loans provides information on home loan, car loan, personal loan, loan against property and credit card too Deal4loans

HDFC Ltd Financial Results for the Quarter Ended June 30, 2014 Standalone and Consolidated
Performance Highlights   21% growth in the standalone profit after tax excluding the impact of DTL on Special Reserve Standalone Net Interest Margin for the quarter ended June 30, 2014 at 3.8%, spread on loans at 2.29% 23% growth in the individual loan book (after adding back the loans sold in the preceding 12 months) Gross non-performing loans stood at 0

Students across India All Set to Showcase their Work at the 2014 Enactus India National Competition
Young college students in cities and towns across India have applied their passion, time, energy and talents to make an impactful difference to the community.   These young students, who are part of the Enactus student teams, have spent the year applying their passions, talents and ideas to impact as many lives as they can

Deal4loans.com Launches Save EMI Calculator
A smart way to minimize your  financial outstanding and save on the current EMI by transferring it to a cheaper option The Save EMI Calculator is a one of its kind application launched for the first time in India by Deal4loans.com. The application is capable of providing comparison of over 11 banks Deal4loans

HDFC Ltd Financial Results for the Year Ended March 31, 2014 Consolidated and Standalone
Performance Highlights   20% increase in the consolidated profit after tax to Rs. 7,947.82 crore for the year ended March 31, 2014 -- 22% increase (after reducing the redemption premium on Zero Coupon Debentures) Standalone profit before dividend, sale of investments and tax increased 15% to Rs. 6,635.67 crore for the year ended March 31, 2014 Standalone profit after tax increased 12% to Rs

eWIT Celebrates 8th Anniversary with a Call to “Ascend… Take Charge”

Glocal School of Business Offering an MBA in Finance with a Difference
A Masters in Business Administration (MBA) with a specialization in Finance can be as fascinating as it can be challenging. The course teaches the technicalities of the subject along with providing the students with some real time experiences in relevant areas. Finance professionals need to be aware of a lot of guidelines, regulations and statutes within which the world of finance work

HDFC Ltd Financial Results for the Nine Months Ended December 31, 2013, Consolidated and Standalone
Performance Highlights   21% increase in the consolidated profit after tax to Rs. 5,533 crores for the nine months ended December 31, 2013 -- 25% increase (after reducing the redemption premium on Zero Coupon Debentures)   Standalone profit before dividend, sale of investments and tax increased 17% to Rs

Premia Group which is known as Leading Real Estate Brand Plans to Expand itself in Healthcare, Education and Power Sector
After foraying into Healthcare sector, Premia Group is all set to expand itself in Education Sector and Power Sector also and step forward to bring a revolution and become the biggest group in coming years says, visionary entrepreneur Mr

GIM’s Focus on Bettering the Median Salary Package, instead of Aiming for the Highest Salary, Returns Rich Dividends
Until not very long ago, B-schools were recognised by the highest pay package they would attract; it was simply about being the best horse in the game. Understandably, this view-point has matured. B-schools today are judged more on the basis of average and median salaries offered to their students, and not just their top package cracker

HDFC Ltd. Financial Results for the Half Year Ended September 30, 2013 Consolidated and Standalone
Performance Highlights -- 26% increase in the consolidated profit after tax to Rs. 3,598.27 crores for the half year ended September 30, 2013 – 32% increase (after considering redemption premium on Zero Coupon Debentures) -- Standalone profit before dividend, sale of investments and tax increased by 16% to Rs. 2,855

HDFC Ltd. Financial Results for the Quarter Ended June 30, 2013, Consolidated and Standalone
Performance Highlights -- 34% increase in the consolidated profit after tax to Rs. 1,707 crores for the quarter ended June 30, 2013 -- 17% increase in the standalone profit after tax to Rs

Mr. Gautam Saraf, Director, Office Agency, Cushman & Wakefield India, on the Growing Prominence of Worli, a Market to Reckon with for Residential and Commercial Property
Worli has come a long way to emerge as one of the prime real estate destinations in the country’s commercial capital. This up-market location which is strategically placed to bridge the north-south divide has managed to maintain its momentum despite the ongoing challenges and has emerged a winner with property prices remaining steady all these years

HDFC Ltd. Financial Results for the Year Ended March 31, 2013
Performance Highlights -- 22% increase in the consolidated profit after tax to INR 6,639.72 crores for the year ended March 31, 2013 -- 18% increase in the standalone profit after tax to INR 4,848.34 crores for the year ended March 31, 2013 -- Dividend of INR 12

Oxigen and NPCI Launch OxiCash Money Transfer, India’s First Non - Banked Mobile Wallet that Powers the Unbanked Masses to Instantly Transfer Money
History jointly created by National Payments Corporation of India and Oxigen

HDFC Ltd. Financial Results for the Period April to December, 2012: Standalone and Consolidated
Performance Highlights -- 24% increase in the consolidated profit after tax to INR 4,556.59 crores for the nine months ended December 31, 2012 -- 18% increase in the standalone profit after tax to INR 3,293

9.9 Media's CFONEXT100 Identifies the Nation's High Potential Future CFOs
In a first of its kind honour for next-in-line Chief Financial Officers in India, 100 future CFOs and finance leaders, across industries, were recognised for their work in various areas of finance. The event, titled: CFONEXT100 – stars of tomorrow, was organised by 9.9 Media that brings out CFO India, the country's most read magazine for senior finance professionals

Wave Earns Top Honor for Research Paper on "Modernizing the Network" at DSCI's "Best Practices Meet 2013" Event
Wave Systems Corp. (NASDAQ: WAVX), the Trusted Computing Company, announced that a research paper presented by CEO Steven Sprague, "Modernize the Network: Device Identity Network Meets Enterprise Needs," was singled out among half a dozen shortlisted nominations as best research paper

Wave CEO Steven Sprague to Present Paper on Modernizing the Network at the Data Security Council of India
Wave Systems Corp. (NASDAQ: WAVX), the Trusted Computing Company, today announced that CEO Steven Sprague will present the paper, "Modernize the Network: Device Identity Network Meets Enterprise Needs" at the Data Security Council (DSCI) "Best Practices Meet" in Chennai, India on Friday, July 12.

China Telecom Tops Institutional Investor's 2013 All-Asia Executive Team Rankings
Companies tied to China's fast-growing consumer sector rank highly in Institutional Investor's exclusive ranking of the top corporate managements in Asia. The recent spike in Chinese interest rates suggests that authorities in Beijing are determined to shift the country from an export-driven model to one more focused on domestic demand. Corporate China appears more than ready to play its part.

YES Bank Selects Triple Point to Manage Bullion Business
Triple Point Technology, the leading global provider of cloud and on-premise Commodity Management software, announced today that YES Bank has licensed its Commodity XL for Precious Metals™ software to manage gold and silver bullion wholesale and retail distribution operations.

Foremost Stock Newsletter up 35.9% in Its 15th Year
Every month was a positive one for the BullTrade (http://www.bulltrade.com) Newsletter portfolio from July 2010 through April 2012. Then, after a miniscule 0.4% loss in May 2012, the portfolio reeled off five consecutive months of gains, and made it six with a very successful November. But the newsletter doesn't just perform well in up markets

Inflation rises to 7.23 percent in April, informs Mukherjee
Finance minister Pranab Mukherjee on Monday said that inflation accelerated in April to 7.23 percent, as prices of food, fuel and manufactured items picked up.

Perception, Opportunity in Volatility - Research & Analysis on Whole Foods Market, Inc. and McKesson Corporation
This morning, www.MarketFoundations.com announced new reports highlighting Whole Foods Market, Inc. (NASDAQ: WFM) and McKesson Corporation (NYSE: MCK). Free research downloads are available at www.MarketFoundations.com/index.php?coa=WFM&cob=MCK.

SWIFT Expands to India’s Domestic Market
SWIFT today announced that six of its partner banks have signed the shareholder’s agreement to establish a joint venture that will address domestic market needs of the Indian financial services industry

Financial Results for the Half Year Ended September 30, 2012: Standalone and Consolidated
Performance Highlights -- 19% increase in the standalone profit after tax for the quarter ended September 30, 2012 to ` 1,151.12 crores -- 19% increase in the standalone profit after tax to ` 2,153.03 crores for the half year ended September 30, 2012 -- 31% growth in the individual loan book (inclusive of loans sold in the preceding 12 months) -- Gross non-performing loans stood at 0

IIM-A Student Club enters into Multi-Year Strategic Partnership with BMGI
The Indian Institute of Management, Ahmedabad’s Consult Club has entered into a strategic partnership with Breakthrough Management Group International (BMGI) in India, to carry out the club’s activities. This is the first time that any club at IIM, Ahmedabad has entered into such a multi-year agreement

Consumers Saved Rs. 42 Crore in August 2012 by Buying Gadgets Online
A study undertaken on GADGET E-COMMERCE by Sulekha.com, India’s leading digital marketplace for local needs, reveals that consumers have saved about Rs. 42 crore in August 2012 by buying gadgets online from the top 15 e-commerce players in India. The study indicates that consumers are buying mobile phones online at almost factory price. Sulekha.com estimates that about Rs

Smarter Security Systems for Indian Banks
Visa Inc. (NYSE: V) has introduced for the 1st time in India advanced fraud prevention technologies to step up security for India’s banks and provide greater protection for Visa cardholders

Indusface Crosses 500 Customers Milestone
Indusface, a leading information security organization, today announced that its worldwide customer portfolio has crossed 500 customers across multiple regions, which includes members of Fortune’s 500

IT Speeds up Business at CA Expo 12
CA Technologies (NASDAQ: CA) Roger Pilc General Manager, Virtualization and Automation Customer Solutions Unit, CA Technologies and Saurabh Srivastava, Chairman, CA Technologies India, defined the Imperative of Innovation as Driving Business Growth, amidst today’s complexities, in their plenary keynote at the CA Expo’12

HDFC’s Financial Results for the Quarter Ended June 30, 2012
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) announced its results for the first quarter of the financial year 2011-12, following its meeting on Wednesday, July 11, 2012 in Mumbai. The accounts have been subject to limited review by the Corporation’s statutory auditors in line with regulatory guidelines

HDFC Bank Wins 2012 Celent Model Bank Award for Great Customer Experience North Carolina, June 13, 2012
HDFC Bank (NYSE:HDB; NSE:HDFCBANK) wins the 2012 Celent Model Bank Award in the “Customer Service Initiative” category for delivering great customer experience across channels including branch, phone banking, contact centers etc. HDFC Bank does not believe in designing a product/process and look for customers

Banyan Tree Launches E- Commerce Discount Coupon Portal
Coupons109.com is the latest offering of the brand 109 websites launched by the company Banyan Tree Infomedia. One of the fastest growing e-media companies in India is already enjoying considerable amount of success with this new offering of theirs. So what is so remarkable about Coupons109.com and the whole 109 business? Let’s start with the 109 business

MoneyWorks4me.com Launches Nifty 50 Superstars: A Gateway for Investors to Get Great Returns from the Safest Stocks
The common perception among stock investors is that, one has to take high risk in order to get high returns. And with the markets in turbulence and an accompanying uncertain economic climate in the country, investors prefer staying away from the stock market. But while doing so, they tend to miss opportunities to invest in safe stocks which could potentially give them great returns

HDFC Bank & Axis Bank Receive Visa LEADER Awards for Active Roles in Consumer Protection and Risk Management Practices Among Indian Financial Institutions
Visa Inc. today launched a new award for financial institutions that recognizes, shares and promotes best practices in risk. The program aims to advance the risk management standards across all financial institutions by honoring those that have successfully implemented a secure and reliable infrastructure that counters fraud across all channels

HDFC's Financial Results for the Period April 1, 2011 to March 31, 2012
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) approved the thirty-fifth annual accounts of the Corporation for the year ended March 31, 2012 at its meeting held on Monday, May 7, 2012 in Mumbai. FINANCIAL RESULTS Financials for the year ended March 31, 2012 For the year ended March 31, 2012, the profit before sale of investments and tax stood at ` 5,395

Banyan Tree Infomedia Launches coupons109.com
One of India’s fastest growing e-media companies, Banyan Tree Infomedia, has announced the launch of yet another website. The site is called Coupons109.com and is aimed at making everyone’s experience on the internet, that much better. Coupons109.com is the latest addition to the 109 series of websites that started with Local109.in

Zafin Labs Congratulates CIMB Bank on Recent Awards for Core Banking Initiative
Zafin Labs’ client and leading relationship bank, CIMB Bank has won multiple awards in recognition of its innovative core banking initiative

Global Environment Fund Recruits IDFC Founder Luis Miranda to India Team
Global Environment Fund (GEF) announced today that Luis Miranda has joined the firm as a Senior Advisor. Mr. Miranda will be in Mumbai, where he will contribute to GEF’s private equity investments in India and in South Asia.

Award for Best Pedagogy in Management Studies
JRE School Of Management was awarded the prestigious “Dewang Mehta Business School Award” for “Best Pedagogy in Management Studies” on occasion of 19th year of Business School Affaire. The award was selected by eminent Jury members with a slew of big names vying for the award

Financial Results For The Half Year Ended September 30, 2011
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) announced the results for the first half of the financial year 2011-2012, following its meeting on Monday, October 17, 2011 in Mumbai. The accounts have been subject to limited review by the Corporation’s statutory auditors in line with regulatory guidelines

34th Annual General Meeting, Friday, July 8, 2011 at 3.00 p.m. Chairman's Speech
FINANCIALS THE PROFIT BEFORE TAX FOR THE YEAR ENDED MARCH 31, 2011 STOOD AT ` 4,867 CRORES AS COMPARED TO ` 3,916 CRORES IN THE PREVIOUS YEAR, REPRESENTING AN INCREASE OF 24%. AFTER PROVIDING ` 1,332 CRORES FOR TAXES, THE PROFIT AFTER TAX FOR THE YEAR ENDED MARCH 31, 2011 INCREASED BY 25% TO ` 3,535 CRORES AS COMPARED TO ` 2,826 CRORES IN THE PREVIOUS YEAR

HDFC’S Financial Results for the Quarter ended June 30, 2011
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) announced its results for the first quarter of the financial year 2011-12, following its meeting on Friday, July 8, 2011 in Mumbai. The accounts have been subject to limited review by the Corporation’s statutory auditors in line with regulatory guidelines

Private sector significant in job market expansion: Omar Abdullah
Underlining the significance of private sector in job market, Chief Minister Omar Abdullah on Saturday urged the private players in trade, commerce and industry to play their important role in Jammu and Kashmir.

HDFC'S Financial Results for the Period April 1, 2010 TO March 31, 2011
The Board of Directors of Housing Development Finance Corporation Limited (HDFC) approved the thirty-fourth annual accounts of the Corporation for the year ended March 31, 2011 at its meeting held on Tuesday, May 10, 2011 in Mumbai

Captain Gopinath, Kiran Bedi and G R K Reddy to Address at India Leadership Conclave
Corruption has no place in a free economy & competitive free liberalized growth nation like India, World’s well known democracy with a rich cultural heritage. Peace & Compassion has no boundaries & are the best weapons to curb & fight against the strong

India Leadership Conclave & Business Leadership Awards 2011 Gain Momentum

Cards Asia 2011 Brings Forth Compelling Cards and Payments Innovations
Consumers' behaviour and choices dictate innovations everywhere including banking and payments. E-bills are replacing printed statements and payment transactions can be done via a bank, a payment kiosk, mobile or online. Debit and credit cards proliferate and are not only replacing cash but displacing each other through clever sign-up rewards and customer loyalty programmes

Hindustan Petroleum and Mittal Group JV Select Triple Point for Commodity Management
Triple Point Technology, the global leader in commodity and enterprise risk management software, announced today that HPCL-Mittal Energy (HMEL) has licensed Triple Point's Commodity Management Solution to manage crude supply and product marketing, logistics, and regulatory risk including compliance with IAS 39 disclosure and reporting

Comment on this story

Share