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Bank Locker Charges: Check out locker charges at these leading government and private banks
Business

Bank Locker Charges: Check out locker charges at these leading government and private banks

Based on the size of the locker and the location of the branch, banks impose a charge for using such a service

HDFC Mutual Fund introduces HDFC Business Cycle Fund; details here
Business

HDFC Mutual Fund introduces HDFC Business Cycle Fund; details here

HDFC Business Cycle Fund is an open-ended equity scheme and is going to be managed by Rahul Baijal

HDFC extends Senior Citizen Care FD scheme till March 2023, details here
Business

HDFC extends Senior Citizen Care FD scheme till March 2023, details here

Senior citizens will receive a rate of 6.50 percent, which is an increase of 75 basis points over the regular rate under the bank's Senior Citizen Care FD

HDFC raises lending rate by 5 basis points, EMI to rise for existing borrower
Business

HDFC raises lending rate by 5 basis points, EMI to rise for existing borrower

Interest rates are expected to harden in the coming months as global inflationary fears have been stoked due to geopolitical tensions

HDFC Bank declares 1550% dividend for shareholders; suffers biggest hit as BSE’s most-valued firms lose Rs 2.21 lakh cr
Business

HDFC Bank declares 1550% dividend for shareholders; suffers biggest hit as BSE’s most-valued firms lose Rs 2.21 lakh cr

The bank's net profit during the corresponding period of the previous fiscal stood at Rs 8,186.51 crore

HDFC Bank looking to raise up to Rs 50,000 crore via bonds over 12 months
Business

HDFC Bank looking to raise up to Rs 50,000 crore via bonds over 12 months

Earlier this week, HDFC Bank agreed to take over its parent and the country's largest mortgage lender HDFC Ltd, as part of its strategy to fuel growth, especially in the affordable housing segment.

HDFC Ltd to merge with HDFC Bank; shares jump up to 12% in early trade
Business

HDFC Ltd to merge with HDFC Bank; shares jump up to 12% in early trade

Under the proposed deal, share exchange ratio will be 42 equity shares each of HDFC Bank for every 25 equity shares held in HDFC Ltd

Sensex surges over 300 points in early trade; Titan, Axis Bank, HDFC among top gainers
Business

Sensex surges over 300 points in early trade; Titan, Axis Bank, HDFC among top gainers

The 30-share index was trading 333.69 points or 0.63 percent higher at 52,920.53, while NSE Nifty advanced 101.65 points or 0.64 percent to 15,864.70

Sensex drops over 300 points in early trade, Nifty slips below 15,700; Asian Paints gains, Tech Mahindra disappoints
Business

Sensex drops over 300 points in early trade, Nifty slips below 15,700; Asian Paints gains, Tech Mahindra disappoints

Sensex Nifty today: The 30-share BSE index was trading 302.80 points or 0.58 percent lower at 52,199.18 in initial deals and the broader NSE Nifty declined 93.70 points or 0.59 percent to 15,673.85.

Sensex surges over 350 points in early trade; Nifty climbs 114.85 points, tops 14,900
Business

Sensex surges over 350 points in early trade; Nifty climbs 114.85 points, tops 14,900

Dr Reddy's was the top gainer in the Sensex pack, followed by ONGC, HDFC, IndusInd Bank, ICICI Bank, Sun Pharma and Kotak Bank

Sensex reclaims 50,000-benchmark amid hectic buying in IT, auto, FMCG sectors; Nifty ends in green
Business

Sensex reclaims 50,000-benchmark amid hectic buying in IT, auto, FMCG sectors; Nifty ends in green

The top five gainers were Tata Motors, M&M, Wipro, Adani Ports and NTPC, while the top losers were ONGC, HDFC, Dr Reddy’s Labs, Coal India and Power Grid Corp

Sensex sets record high, but ends in negative; Nifty too ends flat in volatile session
Business

Sensex sets record high, but ends in negative; Nifty too ends flat in volatile session

The gains in the early morning trade in BSE Sensex was driven by gains in index majors HDFC twins, Kotak Bank and Reliance Industries amid a positive trend in global markets

Sensex jumps over 300 points to breach 50,000-mark for first time; NSE Nifty tops 14,700
Business

Sensex jumps over 300 points to breach 50,000-mark for first time; NSE Nifty tops 14,700

Bajaj Finserv was the top gainer in the Sensex pack, rising around 4 percent, followed by Bajaj Finance, Reliance Industries, IndusInd Bank and Axis Bank

Fintech startup smallcase Technologies raises an undisclosed amount of funding from HDFC bank and others
Business

Fintech startup smallcase Technologies raises an undisclosed amount of funding from HDFC bank and others

The funding round also saw participation from existing investors such as DSP Group, Sequoia Capital India, Blume Ventures and others.

Markets end on positive note: Sensex, Nifty jump on 5th straight day; Bajaj Finance top gainer, soars over 8%
Business

Markets end on positive note: Sensex, Nifty jump on 5th straight day; Bajaj Finance top gainer, soars over 8%

Sensex rallied 522 points on Tuesday led by gains in banking stocks as investors seemed gathering more confidence from staggered opening of the economy by the government

Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut
Business

Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut

Kotak Mahindra Bank was the top gainer in the Sensex pack, rising around 7 percent, followed by M&M, Sun Pharma, Hero MotoCorp, Bajaj Finance, Tata Steel, Bharti Airtel and HCL Tech.

Govt's unlock Phase 1.0 enthuses markets: Sensex soars 879 points, Nifty jumps to 9,800-level; Bajaj Finance top gainer at around 11%
Business

Govt's unlock Phase 1.0 enthuses markets: Sensex soars 879 points, Nifty jumps to 9,800-level; Bajaj Finance top gainer at around 11%

The Sensex surged driven by gains in Reliance Industries, HDFC twins and TCS as investor optimism heightened after the government began the process of unlocking the economy.

Financial stocks zoom: Sensex rallies over 900 points, Nifty surges to 9,823-level; ICICI Bank, RIL, HDFC among top gainers
Business

Financial stocks zoom: Sensex rallies over 900 points, Nifty surges to 9,823-level; ICICI Bank, RIL, HDFC among top gainers

The Sensex rallied over 900 points in early trade on Monday, driven by gains in HDFC twins, ICICI Bank and Reliance Industries amid firm cues from global markets.

India's most valuable companies likely to lose $25 bn of brand value as COVID-19 pandemic wreak havoc: Brand Finance report
Business

India's most valuable companies likely to lose $25 bn of brand value as COVID-19 pandemic wreak havoc: Brand Finance report

Brand Finance has assessed the impact of COVID-19 based on the effect of the outbreak on enterprise value, compared to what it was on 1 January 2020