The Latest Breaking News from HDFC

HDFC hikes lending rate by 25 basis points; home loan to be costlier

NEW DELHI: Mortgage lender HDFC Ltd on Monday announced an increase in its benchmark lending rate by 25 basis points (bps), a move that will make loans dearer for both existing and new borrowers.

The Times of India · Aug 8, 2022

PFRDA gives nod to HDFC, HDFC Bank merger proposal

NEW DELHI: HDFC Bank on Friday said it has received pension fund regulator PFRDA nod for the merger proposal of its parent HDFC Ltd with itself.

The Times of India · Jul 15, 2022

HDFC Bank to add 1,500-2,000 branches every year for 5 years

NEW DELHI: HDFC Bank proposes to double its network of branches in the next three to five years by adding 1,500 to 2,000 branches annually, which would akin to adding a new HDFC Bank every five years, said its managing director and CEO Sashidhar Jagdishan.

The Times of India · Jun 21, 2022

Sensex slips for 2nd day as hawkish Fed looms; HDFC shines after Q4 show

MUMBAI: Equities remained under pressure for the second session running on Monday as investors stayed on the sidelines ahead of a crucial meeting of the US Federal Reserve this week where it is expected to go for an aggressive rate hike to tame runaway inflation.

The Times of India · May 2, 2022

HDFC increases interest rates by 5 basis points

HDFC consumers will pay a higher interest rate on loans as HDFC increased its Retail Prime Lending Rate (RPLR) on housing loans on which its Adjustable Rate Home Loans (ARHL) are benchmarked by 5 basis points with effect from today.

Dynamite News · May 1, 2022

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

NEW DELHI: Mortgage lender HDFC Ltd on Sunday raised its benchmark lending rate by 5 basis points, a move that will increase EMI for existing borrowers.

The Times of India · May 1, 2022

Markets surrender early gains; sensex declines 237 points

MUMBAI: Equity benchmarks wiped out early gains and settled lower for the third day in a row on Wednesday, with the sensex falling over 237 points, pulled down by HDFC twins amid persistent foreign fund outflows and mixed global trends.

The Times of India · Apr 13, 2022

HDFC chairman Deepak Parekh calls on finance minister

NEW DELHI: HDFC Ltd chairman Deepak Parekh on Monday called on finance minister Nirmala Sitharaman amid the proposal of a merger of the mortgage firm with its banking subsidiary HDFC Bank.

The Times of India · Apr 11, 2022

Markets fall for 3rd session: Sensex plunges 575 points; Nifty settles at 17,639

NEW DELHI: Equity indices plunged for third straight session with the benchmark BSE sensex falling over 550 points dragged by consumer durables and oil and gas stocks.

The Times of India · Apr 7, 2022

Sensex surges 1,335 points to reclaim 60,000-mark; Nifty settles at 18,053: What led to market rally

NEW DELHI: Domestic benchmark indices surged to 2 and half month high on Monday by gains in private lender HDFC Bank and mortgage lender Housing Development Finance Corp after the companies decided to merge their operations.

The Times of India · Apr 4, 2022