ICICI Bank once wanted to acquire HDFC, Deepak Parekh spills the secretDeepak Parekh revealed Chanda Kochhar's merger proposal between ICICI and HDFC, predating HDFC's reverse merger. Parekh cited regulatory pr...
21 Jun, 2025, 01.08 PM IST
RBI fines HDFC, Axis Bank for non-compliance with regulationsThe Reserve Bank of India has fined Axis Bank ₹1.91 crore and HDFC Bank ₹1 crore for regulatory non-compliance. Axis Bank's violations incl...
11 Sep, 2024, 07.45 AM IST
RBI penalises Axis Bank, HDFC Bank for deficiencies in regulatory complianceThe Reserve Bank of India has imposed penalties amounting to Rs 2.91 crore on Axis Bank and HDFC Bank for deficiencies in statutory and reg...
10 Sep, 2024, 09.37 PM IST
HDFC Ltd-HDFC Bank merger: Will HDFC Ltd fixed deposit investors get the benefits of HDFC Bank FDs post-merger?HDFC Ltd-HDFC Bank Merger: If you have a fixed deposit with HDFC Ltd., you are bound to witness certain changes post-merger. Your FD accoun...
06 Jul, 2023, 01.40 PM IST
HDFC Bank completes merger with HDFC after final board approvalPossibly the biggest transaction in India's corporate history, HDFC Bank on April 4, 2022 agreed to take over the domestic mortgage lender ...
01 Jul, 2023, 03.50 PM IST
What does the HDFC mega-merger mean for its customers?The merger of HDFC Bank and HDFC Ltd will have an impact on the deposit holders of HDFC Ltd. The bank is likely to offer deposit holders of...
20 Jun, 2023, 10.00 AM IST
Are HDFC Bank special FDs offering 7.25% interest really special? For just 5 months more, there could be better optionsHDFC Bank offers an interest rate of 7.20 per cent for fixed deposits maturing in 35 months, and 7.25 per cent for deposits maturing in 55 ...
07 Jun, 2023, 12.05 PM IST
HDFC-HDFC Bank merger: Interest, depositors’ insurance, withdrawal rules; what changes for HDFC FD customersHDFC is all set to merge with HDFC Bank by June 2023. The merged entity will be known as HDFC Bank. Customers of HDFC, whether borrowers or...
11 May, 2023, 12.47 PM IST
Unclaimed money in savings account, bank fixed deposits (FDs): Here’s how to checkNirmala Sitharaman, the minister of finance, requested that regulators launch a special initiative to speed up the settlement of unclaimed ...
09 May, 2023, 04.19 PM IST
HDFC-HDFC Bank merger: What does it mean for depositors and borrowers?At the start of the financial year 2022-23, the mortgage lender announced that it will be merged with HDFC Bank. Though, the merger is yet ...
21 Apr, 2022, 10.14 AM IST
ICICI, HDFC, SBI will have to offload Rs 1.2 lakh cr if RBI caps stake in insurance arms: ReportQuoting unnamed RBI officials, a media report earlier this week said the monetary authority is not comfortable with banks owning controllin...
04 Mar, 2021, 07.30 PM IST
YES Bank's FD is providing free health insurance for coronavirus: Should you invest?If we compare YES Bank's FD interest rates with those offered by other large private-sector banks such as ICICI Bank and HDFC Bank, YES Ban...
02 Jun, 2020, 01.31 PM IST
Deposits are another pain point for capital-hungry YES BankYES has had a tumultuous 2019 with new CEO unable to raise funds needed to bolster ratios.
11 Feb, 2020, 07.54 PM IST
How safe are small banks offering higher interest rates on deposits to investors?New and small finance banks are luring depositors with higher rates. Experts say there is little to fear from these relatively less-known e...
14 May, 2018, 11.59 AM IST
Long-term investors rush to buy Gilts before rates fallLong-term domestic debt investors such as insurers and pension funds are now busy shopping for sovereign bonds just ahead of Diwali as yiel...
05 Nov, 2015, 03.11 AM IST
LIC hikes interest rates on loans against policiesLife Insurance Corporation has increased interest rates on loans against policies thereby shutting an arbitrage opportunity for policyholde...
30 May, 2012, 10.16 AM IST
- Query Corner: Banking
Our expert VN Kulkarni, Chief Counsellor, Abhay Credit Counselling Centre, guides you in matters relating to banking & finance.
22 Jul, 2010, 04.30 AM IST