Following reports of Japan-based MUFG picking up 20 per cent stake in HDB Financial Services, HDFC Bank without confirming plans to sell its stake, hinted that the proposal…
Read more After stake sale reports, HDFC Bank says exploring all options for HDB Financial listingThe merger of parent HDFC with HDFC Bank will allow the larger merged entity invest more in infrastructure and mortgage projects, MD and CEO Sashidhar Jagdishan said in…
Read more Post-merger balance sheet to enable HDFC Bank to invest more in infraDeepak Parekh, Chairman, HDFC, said the Credit Linked Subsidy Scheme (CLSS) for the lower income groups should have been continued for a few more years in view of the shortage…
Read more Subsidy Scheme for housing for lower income groups should have been continued: HDFC’s ParekhThe Reserve Bank of India (RBI) has asked HDFC Bank to continue to comply with regulatory requirements for cash reserve ratio (CRR), statutory liquidity ratio (SLR) and liquidity…
Read more RBI asks HDFC Bank to comply with CRR, SLR, LCR post HDFC mergerThe Additional Tier (AT)-1 bond market has polarised towards large/quality banks post the writedown of these bonds aggregating ₹8,415 crore by Yes Bank in the fourth quarter of FY20,…
Read more AT-1 Bonds: Market has become polarised towards larger/ quality banks, says JefferiesHDFC Bank on April 4 announced that the housing finance major HDFC will be merged with the banking major. Since then, shares of HDFC Bank have gained nearly…
Read more What makes HDFC Bank and HDFC merger a win-win bet? CFO S Vaidyanathan explainsICAEW President Julia Penny called for chartered accountants to play a leading role in securing a more sustainable future during a special members event, held last week in…
Read more Accountants must hold board to account by accurately reporting non-financial info: Parekh
