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This increase, however, is applicable only to newly sanctioned loans and not existing loans, which means older borrowers will not be impacted by these hikes.
After the merger of parent HDFC Ltd, HDFC Bank is on the brink of a transformative journey, seizing opportunities while addressing the unique challenges ahead - Issue Date: Mar 31, 2024
The huge valuation premium HDFC Bank had enjoyed for long has moderated. But patient investors with a long-term view and staying power could perhaps reap rewards
RBI on December 19 said that regulated entities, such as banks, non-bank lenders and home financiers, cannot invest AIFs that have directly or indirectly invested in companies that have borrowed money from the lenders.
Net interest income (NII) for the quarter, which is interest earned less interets expended, rose 23.9 per cent YoY to Rs 28,470 crore ompared with Rs 22,990 crore in the same quarter last year.