The merger, which involved Housing Development Finance Corp. (HDFC) merging into HDFC Bank Ltd., resulted in a fee pool of slightly over $1 million
Read MoreThe total value of 2000-rupee notes in circulation amounted to Rs 3.62 lakh crore as on 31 March, reducing to 3.56 lakh crore as on 19 May, the RBI said, making the numbers public for the first time since the announcement for withdrawal
Read MoreSteering HDFC Bank into the future post the merger, the new CEO and MD Sashi Jagdishan aims to carry the legacy of its visionary leaders and pioneer a new era of growth and success
Read MoreThe report also highlights the healthy growth of the housing sector, with a 21.6 per cent increase in sales in the fourth quarter of 2022-23
Read MoreThe scheme has been made available in all 1.59 lakh post offices from 1 April 2023, when the finance ministry formally issued the notification
Read MoreThis move is expected to significantly reduce the turnaround time for issuing and delivering bank guarantees from the industry average of 3-4 working days to just a few minutes
Read MoreChand had been serving as an Executive Director at the bank since March 2021
Read MoreAccording to the CME FedWatch tool, markets are now anticipating an 84 per cent likelihood of a 25 bps rate hike by the Fed in the upcoming July 2023 meeting
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