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HDFC Bank will issue and allot to eligible shareholders 42 new equity shares of the face value of Re 1 each

HDFC Bank announces successful merger with HDFC Ltd

PGurus Newsdesk - 0
HDFC-HDFC Bank merger India’s leading private sector bank, HDFC Bank Ltd. has announced the successful completion of the merger of India’s premier housing finance company,...
Blaming it on a technical glitch, the bank said the issue was confined to certain accounts of some HDFC Bank branches

HDFC Bank customers in Chennai become ‘millionaires’ for few seconds due to technical glitch

PGurus Newsdesk - 2
Display error hit HDFC Bank's Chennai branch On Sunday the technical glitch suffered by HDFC Bank Ltd puzzled the customers as several of them could...
HDFC Ltd is India’s largest housing finance company with total assets under management of Rs.5.26 lakh crore and a market cap of Rs.4.44 lakh crore

HDFC Ltd and its subsidiaries to merger with HDFC Bank Ltd

PGurus Newsdesk - 0
HDFC Ltd will acquire a 41% stake in HDFC Bank The largest merger in the finance sector will soon take place when the mortgage firm...
Forbes rankings are based on a large-scale survey where employees rated their employers on numerous points

Reliance tops India Inc in World’s Best Employer rankings 2021. ICICI Bank, HDFC Bank...

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Forbes ranking: Reliance becomes number 1 among Indian companies in the world’s best employer ranking 2021 Mukesh Ambani led Reliance Industries Ltd, India’s largest company...
RBI's action to raise risk weights for unsecured loans dampened banking stocks caused a temporary disruption in the broader indices' resurgence

Nifty bank indices down after RBI raises weightage on unsecured loans

PGurus Newsdesk - 0
SBI, Bajaj Finance, HDFC Bank, Axis Bank, other financials fall after RBI tightens consumer loan norms Nifty PSU Bank and Nifty Bank fueled pessimism in...
The IDFC FIRST Bank and IDFC Ltd are listed on the bourses while IDFC Financial Holding is not

IDFC Ltd, IDFC Financial Holding to merge with IDFC FIRST Bank

PGurus Newsdesk - 0
After the HDFC twins, IDFC First Bank plans merger with IDFC The Board of Directors of listed IDFC FIRST Bank Ltd approved the composite scheme...
A month after RBI had started a pilot in the digital rupee - wholesale segment, the central bank will launch the first pilot for retail digital rupee tomorrow

Reserve Bank of India to launch the first pilot of retail digital rupee in...

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RBI picks 8 banks, and 13 cities to test retail digital currency The Reserve Bank of India (RBI) will launch the first pilot for retail...
Lingering concerns exist on whether Paytm hyped its IPO price and now this

Reserve Bank of India asks Paytm Payments Bank to stop opening new accounts

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Paytm Payments Bank violated RBI norms: RBI The Reserve Bank of India (RBI) on Friday asked Paytm Payments Bank to stop opening new accounts amid...
The saga of Yes bank would start with Rana Kapoor's first crime betrayals of his friend and colleague and becoming undisputed king aka emperor.

Yes Bank – A Shakespearean tragedy

Indradeep Khan - 3
Yes Bank story without rumors swirling around its epochal events too good to be true, the deal raised eyebrows. If Shakespeare had to write the...
Failures like that of Yes Bank do not happen in isolation and inaction on part of the Government in tracking illegal profits stashed abroad are beginning to hurt

Saga of Yes Bank: Why you need a competent Finance Minister

Sree Iyer - 12
The hand wringing begins. As people get irate over the risk of their savings, there are newspaper reports that the government will step in...
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