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Tag: HDFC Bank
HDFC Bank becomes first to provide interoperability between UPI and CBDC-thumnail

HDFC Bank becomes first to provide interoperability between UPI and CBDC

HDFC Bank, recognized as India’s largest private sector bank has accomplished an extraordinary feat by achieving interoperability between the United Payment Interface (UPI) and Central Bank Digital Currency (CBDC). Thanks

Finance

Jul 13, 2023

Apple to launch the Apple Card in partnership with HDFC Bank-thumnail

Apple to launch the Apple Card in partnership with HDFC Bank

One of the primary reasons Apple may consider launching the Apple Card in India ahead of countries like Japan or European nations is its inability to accept card payments in India. The prevalent payment method for App Store purchases in India is the Unified Payments Interface (UPI) while services like iCloud storage and music rely on card payments. However, recent regulations by the RBI have mandated that third-party websites should not store card details and that all payment data must be stored exclusively on Indian servers. 

Business

Jun 23, 2023

Reliance is the most valued private sector company according to the Hurun Report 2022, followed by TCS and HDFC Bank-thumnail

Reliance is the most valued private sector company according to the Hurun Report 2022, followed by TCS and HDFC Bank

Reliance Industries Ltd., owned by Mukesh Ambani, is ranked first on Hurun India’s 2022 Burgundy Private Hurun India 500 list, which was published on Tuesday.  According to market capitalization and

Finance

Jun 21, 2023

HDFC Bank’s Sashidhar Jagdishan is ‘BS Banker of the Year 2022’-thumnail

HDFC Bank’s Sashidhar Jagdishan is ‘BS Banker of the Year 2022’

Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has been named as the Business Standard Banker of the Year 2022, due to his successful navigation of technology-related challenges

Business

Mar 2, 2023

HDFC Bank raises $750 million with a dollar bond issue, with a 5.686% yield-thumnail

HDFC Bank raises $750 million with a dollar bond issue, with a 5.686% yield

HDFC Bank, the country’s largest private sector lender, stated on Thursday that it has raised USD 750 million through a dollar bond offering. HDFC Bank, the country’s largest private sector

Finance

Feb 24, 2023

HDFC Bank customers can now use their RuPay credit cards on UPI-thumnail

HDFC Bank customers can now use their RuPay credit cards on UPI

HDFC Bank RuPay credit card is now available on UPI. HDFC Bank and the National Payments Corporation of India (NPCI) today announced that HDFC Bank customers can now use their

Finance

Feb 16, 2023

HDFC bank results announced: The bank reports 18.5% increase in net profit year-over-year-thumnail

HDFC bank results announced: The bank reports 18.5% increase in net profit year-over-year

HDFC, India’s largest private sector bank, announced their Quarterly results on Saturday. They have beat the market estimates regarding its growth and earnings as the bank has reported an exponential

Finance

Jan 14, 2023

Credit card: HDFC Bank quickly rebounds from RBI ban, plans to launch digital card-thumnail

Credit card: HDFC Bank quickly rebounds from RBI ban, plans to launch digital card

Since the eight-month card ban was removed in August of last year, HDFC Bank has recovered quickly. HDFC Bank Ltd., India’s largest private bank, is aiming to issue a million

News

Dec 19, 2022

HDFC bank to raise 50 billion rupees through bonds; hire 3000 employees in Maharastra-thumnail

HDFC bank to raise 50 billion rupees through bonds; hire 3000 employees in Maharastra

India’s largest sector lender HDFC is planning to raise at least 50 billion rupees through a 10-year bond sale; hire 3000 employees. India’s largest private sector lender, Housing Development Finance

Industry

Sep 2, 2022

This week, HDFC plans to raise up to Rs 5,000 crore through the private issuance of bonds-thumnail

This week, HDFC plans to raise up to Rs 5,000 crore through the private issuance of bonds

According to a regulatory filing by HDFC, the secured redeemable non-convertible debentures (NCDs) will have an interest rate of 7.77%, be payable annually, and have a term of 4 years,

Finance

Jul 15, 2022

RBI approves the proposed merger of HDFC and HDFC Bank-thumnail

RBI approves the proposed merger of HDFC and HDFC Bank

The HDFC and HDFC Bank merger proposal is still awaiting a number of legal and regulatory approvals. On Monday, HDFC Bank announced that the RBI has approved its parent company

Finance

Jul 5, 2022


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