Business News
Simple Energy Raises INR 250 Cr in Debt and Equity Round
Simple Energy is also preparing for an initial public offering in the second half of FY28.
HDFC Bank
Business News
HDFC Bank Gets RBI Approval for 9.5% Holding in IndusInd Bank
The central bank has specified that the total holding should not exceed 9.50 percent of the paid up share capital or voting rights of IndusInd Bank at any point in time.
Business News
Spacetech Startup Agnikul Cosmos Raises USD 17 Mn at USD 500 Mn Valuation
The round saw participation from a mix of family offices and institutional investors including Advenza Global Limited, Atharva Green Ecotech LLP, HDFC Bank, Artha Select Fund, Prathithi Ventures and 100X.VC.
Business News
AU Small Finance Bank Raises INR 770 Cr via Tier-II Bonds
HDFC Bank played a crucial role as the lead manager and anchor investor for this issuance, alongside Nippon India Mutual Fund.
Business News
Top Indian Banks Report Mixed Q3 FY25 Results Amid Economic Shifts
In the third quarter of fiscal year 2025, India's leading banks delivered a mixed financial performance, reflecting the evolving economic landscape. While some banks posted strong growth, others encountered challenges affecting profitability.
Business News
Amazon Web Services Plans USD 8.3 Bn Cloud Expansion in Mumbai Region
The investment is projected to contribute USD 15.3 billion to India's GDP and support over 81,300 full-time jobs annually within the local data center supply chain.
Business News
HDFC Capital Advisors to Invest $2 Billion by 2030 on Affordable Housing
HDFC Capital Advisors plans to invest in affordable housing worth $2 billion by 2025 end.
Business News
HDFC Bank’s Gross Advances Reach INR 24.87 Lakh Crore in the Q1
HDFC Bank's gross advances increased by 52.6 per cent year-on-year (YoY) to INR 24.87 lakh crore in the quarter ending June 30
Business News
IFC Grants HDFC Bank USD 500 Mn to Ramp Up Microloans for Women Borrowers
The HDFC bank will use IFC's financing for on-lending as microloans to self-help groups (SHGs) and joint liability groups (JLGs) enrolled in the sustainable livelihoods initiative (SLI).
Business News
Biofuels Startup GPS Renewables Bags USD 50 Mn in Debt Financing
The Bengaluru-based company aims to deploy fresh funds for the nationwide execution of compressed biogas plants.
Business News
HDFC Bank Becomes Second Most Valuable Company
Reliance Industries is the country's most valued firm with a market valuation of INR 17,72,455.70 crore
By Teena Jose
Business News
Apple Is Planning To Launch Its Credit Card In India: Report
The report said that the tech giant held talks with HDFC bank to issue the 'Apple Cards' to Indian customers
By Teena Jose
Business News
RBI Approves Appointment Of Kaizad Bharucha And Bhavesh Zaveri
A meeting of the Board of Directors of the Bank will be convened in due course inter alia to give effect to the appointments
By Teena Jose
Business News
HDFC Bank To Launch New Payment Platform In Partnership With Startups
This includes the account opening journey, loan and cards, covering both individual or MSME customers and existing and new-to-bank customers
By Teena Jose
Business News
RBI Bars HDFC Bank From Acquiring New Credit Card Customers, Digital Launches
These strictures come on the back of several instances of technical glitches and outages on internet banking, mobile banking over the last two years
By Shipra Singh
Business News
Fintech Lenders are Axing NPAs, But is a Digital Relation with Customers Enough?
Most fintech companies in India have not yet forayed into lending, but some have taken the bold step with promising result
Business News
#6 Ways Banks are Making the Life of a Start-up Easy
Giving start-ups a preference and realizing their ever-growing financial needs, banks have opened up branches that deal specifically with start-ups
Business News
Did you Know How These Top 5 Bankers in India Started Their Journey?
Her banking journey started as a management trainee, but not many could stop Chanda Kochhar's rise in ICICI Bank
Business News
India’s Digital Drive is Changing The Way It Banks. #5 Latest Rules
With respect to digitization, the major private banks like HDFC, ICICI and AXIS Bank have reintroduced transactions charges.
Business News
Good News For Entrepreneurs: SmartUp for Startups Launched by HDFC
HDFC Bank announced the launch of SmartUp, a dedicated solution platform to address banking needs of startups.