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HDFC Bank’s late submission of loans, repayment, other details may draw RBI’s attention
One of India’s biggest credit bureaus has informed the central bank about delays in receiving information from HDFC Bank Ltd., the country’s second-largest lender by assets, according to people familiar with the matter.
Amazon Prime Day, Flipkart Big Saving Day sales: Check out best deals on phones
Flipkart is offering a 10% instant discount for CitiBank and ICICI Bank credit cardholders whereas Amazon offers a 10% instant discount for HDFC Bank credit and debit cardholders
ICICI Bank Ltd gains for third straight session
ICICI Bank Ltd is quoting at Rs 357.6, up 1.53% on the day as on 12:54 IST on the NSE. The stock is down 12.44% in last one year as compared to a 3.53% jump in NIFTY and a 21.16% jump in the Nifty Bank index.
RBI allows one-time restructuring of loans. Here’s what that means for businesses and borrowers
The central bank will also form a expert committee headed by former ICICI Bank CEO KV Kamath to suggest ways in which the restructuring will be implemented, governor Shaktikanta Das said.
HDFC Bank’s delayed reports to draw in Indian regulator
The local unit of Experian Plc told RBI in July that HDFC Bank has been late in providing details of its loans
HDFC Bank delayed reports of repayment status of millions of borrowers: Experian to RBI
One of Indias biggest credit bureaus, Experian Plc told the Reserve Bank of India in July that HDFC Bank has been late in providing details of its loans, including the repayment status of its millions of retail borrowers. Such tardiness has been an issue for about two years.
SBI, IndusInd Bank, ICICI Bank, Kotak Bank, others gain ahead of RBI policy decision
HDFC Bank (0.95%), City Union Bank (0.69%), SBI (0.65%), IndusInd Bank (0.45%), ICICI Bank 0.40%, Kotak Bank (0.33)%, and Federal Bank (0.19)% were top gainers on the index
Trending stocks: ICICI Bank shares gain nearly 1%
Shares of ICICI Bank Ltd. traded 0.5 per cent up in trade at 09:59AM on Thursday.
Lenders nominate a resolution professional to administer under stress Essar’s Mahan project
The lenders that include ICICI Bank and Punjab National Bank have picked Jet Airways’ current administrator Ashish Chhawchharia to manage the affairs of the Essar power plants located in the Singrauli district of Madhya Pradesh, sources said. Essar Power Mahan has power supply contracts with Essar S…
Trade Spotlight: Tata Steel, HDFC, & Axis Bank in focus; what should investors do?
Experts are of the view that as long as Nifty holds above 11050 zones then buying interest could emerge towards 11250 zones while on the downside support exists at 10900-10880 zones.