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RBI APPROVAL HDFC BANK
RBI weighs Anup Bagchi for HDFC top job; seeks feedback from Irda, ICICI Bank on his candidature due to 3-year gap from mainstream bankingThe Reserve Bank of India is actively seeking opinions on the possible appointment of Anup Bagchi as CEO of HDFC Bank. Currently with ICICI...
Special swaps rake in $143.5 billion in forex inflows: FCNR(B) scheme leads with $133 billionBanks mobilised $132.9 billion through FCNR(B) deposits under the RBI’s special forex swap window, taking total inflows, including ECBs and...
RNFI Money gets RBI approval to undertake cross-border trade remittancesRNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence ...
Amid strike threat, Fin Secy Sanjay Lohia calls bank chiefs' meet to ensure servicesFinancial services secretary Sanjay Lohia has called a meeting with public sector bank, RRB and NABARD heads on Monday to ensure uninterrup...
RBI orders removal of Maharashtra minister Babasaheb Patil, seven Latur bank directorsRBI has ordered the removal of Maharashtra Cooperation Minister Babasaheb Patil and seven other directors from Latur District Central Coope...
Apple Pay set for India launch next month with Axis Bank credit cards: ReportApple is set to launch Apple Pay in India next month, debuting with Axis Bank's credit card integration. Talks with prominent banks like HD...
‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists sayThe US Federal Reserve’s first rate hike since 2023 has added to pressure on India, with the rupee breaching 96 against the dollar and econ...
India supplies Wall Street with CEOs but has a shortage at homeIndia’s biggest private banks are finding it increasingly difficult to identify executives with the breadth of experience needed to lead la...
HDFC credit card holder lost Rs 1.39 lakh in an unauthorised transaction, bank says card details and OTP were used; court orders HDFC Bank to pay him Rs 1.75 lakhAn HDFC Bank credit card holder disputed a Rs 1,39,901 online transaction he said he had never authorised. HDFC Bank argued that card detai...
How to trade HDFC Bank shares? Here’s what technical analysts are saying as lender hunts for new CEOHDFC Bank shares rose after the lender submitted two CEO candidates to the RBI, formally starting the succession process for Sashidhar Jagd...
HDFC Bank share price target: What are Jefferies, 3 other foreign brokerages saying as CEO hunt intensifies?HDFC Bank shares on Tuesday as the lender submitted two CEO candidates to the RBI, intensifying focus on its leadership transition. Jefferi...
HDFC Bank shares rise 3% as lender shortlists CEO candidates. Why Bernstein, Nomura, others see up to 62% upsideHDFC Bank submitted two CEO candidates to the RBI, initiating the succession process. Brokerages maintain bullish calls for the stock, citi...
Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun BeveragesOn September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracte...
HDFC Bank shares hit 52-week lows over consecutive sessions while analysts scream Buy. Has the stock hit its bottom?HDFC Bank shares have hit fresh 52-week lows despite continued ‘Buy’ calls from brokerages. Analysts cite attractive valuations and potenti...
Banks seek RBI nod to use new rules for old trade mismatchesBanks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...
HDFC CEO race: One insider, one outsider in contention for the top jobHDFC Bank has nominated Kaizad Bharucha and an external candidate for the top leadership role. The bank seeks a six-month tenure rule relax...
HDFC Bank submits two names to RBI for CEO post, strengthens board-level leadershipHDFC Bank has submitted two preferred candidates for its next MD and CEO to the Reserve Bank of India. The bank's board approved these cand...
HDFC Bank submits two candidates to RBI for next CEOIndia's largest private lender HDFC Bank has submitted the names of two candidates to the Reserve Bank of India for the position of man...
HDFC Bank sends two names to RBI for Jagdishan’s successor as MD & CEOHDFC Bank's board has recommended two candidates for the next MD and CEO role. These proposed appointments are for a three-year term, pendi...
Bank boards vet talent pool amid succession wave; six big lenders brace for leadership transitions through end-2027By 2027, leadership transformations are set to take place across several key Indian banks, with HDFC Bank and Kotak Mahindra Bank leading t...