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Azim Premji Trust to buy stake in HDFC Life for Rs 199 cr

Dec 22, 2014

Azim Premji Trust to buy stake in HDFC Life for Rs 199 cr

HDFC Life, a subsidiary of HDFC Ltd, will sell over 1.89 crore shares to Azim Premji Trust for about Rs 198.99 crore. #wipro #HDFC #HDFC Bank #Azim Premji #HDFC Life #Azim Premji trust
100 new banks in 3-5 years? Don't rule it out with RBI's new payment, small bank norms

Nov 28, 2014

100 new banks in 3-5 years? Don't rule it out with RBI's new payment, small bank norms

The opening up of payment banks and small finance banks to a wide swathe of entrepreneurs will heat up competition for customers and pressure the big banks. Their margins will be under threat #ICICI Bank #SBI #HDFC Bank #RBI guidelines #Payment Banks #Small Finance banks #Airtel Bank #Railways Bank #India Post Bank
Top 5 Sensex cos lose Rs 36,971 cr from market cap; ONGC, Sun Pharma big losers

Sep 14, 2014

Top 5 Sensex cos lose Rs 36,971 cr from market cap; ONGC, Sun Pharma big losers

Over the past week, the BSE benchmark Sensex gained 34.34 points to close at 27,061.04. #Sensex #Infosys #India #TCS #Sun Pharma #ICICI Bank #ONGC #SBI #HDFC Bank #ITC #CIL #Market Cap
FIPB to discuss hiking of HDFC Bank FDI limit on 3 Feb

Jan 21, 2014

FIPB to discuss hiking of HDFC Bank FDI limit on 3 Feb

The RBI recently said foreign shareholding in HDFC Bank had crossed the overall limit of 49 percent of its paid-up capital. #Investing #FDI #HDFC Bank #PolicyWatch #FIPB
HDFC Bank Q3 net profit rises 25% to Rs 2,326 cr on low costs

Jan 17, 2014

HDFC Bank Q3 net profit rises 25% to Rs 2,326 cr on low costs

HDFC Bank's net interest income-the gap between interest earned and paid out-grew 16.4 percent to Rs 4,634.8 crore in Q3. #Business #EarningsShow #HDFC Bank #Paresh Sukthankar

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With stronger balance sheet, IndusInd keen on acquisitions

Jan 24, 2013

With stronger balance sheet, IndusInd keen on acquisitions

Responsive innovation is the buzzword as Hindujas-controlled bank focuses on new products; gold loans on the anvil #HDFC Bank #IndusInd Bank #Deutsche Bank #acquisitions
Why should finance minister put fresh equity in SBI?

Oct 07, 2011

Why should finance minister put fresh equity in SBI?

Government-owned banks like SBI should not think it is their right to equity when they need it. They need to do more to plough back retained earnings. #SBI #HDFC Bank #To The Contrary #Bank of Baroda #NotJobsButPassion