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PayU Payments appoints former HDFC chief Renu Sud Karnad as new Chairperson

Leading the new appointees is Renu Sud Karnad, the former Managing Director of Housing Development Finance Corporation (HDFC), who will serve as the Chairperson of the board, the report added.

Delhi , India , Mumbai , Maharashtra , United-states , Jan-bune , Jairaj-purandare , Renu-karnad , Woodrow-wilson-school-of-public , Housing-development-finance-corporation , International-affairs , Advisors-pvt-ltd

hdfc: Funding remains biggest risk to merger, Says HDFC Bank MD

He has been in a sense the person who guided the institution, he created the entire financial conglomerate along with his esteemed colleagues of whom Keki Mistry and Renu Karnad have joined the board."

Keki-mistry , Sashidhar-jagdishan , Renu-karnad , Deepak-parekh , Atanu-chakraborty , Hdfc , Merger , Hdfc-bank , Jagdishan , Ceo-flags , Rbi

HDFC Bank CEO warns of post-merger funding risk, says net interest margins to be hit

The bank, which has always reported NIMs between 4-4.4 percent range, is confident of getting the profitability or the returns back to historical levels in up to 18 months, he said.

India , Keki-mistry , Deepak-parekh , Renu-karnad , Atanu-chakraborty , Sashidhar-jagdishan , V-srinivasa-ranjan , Reserve-bank , Cash-reserve-ratio , Statutory-liquidity-ratio , Chief-executive-officer

Post merger HDFC Bank CEO flags funding risk says net interest margins to be hit

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Mumbai , Maharashtra , India , V-srinivasa-ranjan , Renu-karnad , Atanu-chakraborty , Deepak-parekh , Keki-mistry , Sashidhar-jagdishan , Reserve-bank , Cash-reserve-ratio

Post merger, HDFC Bank chief Sashidhar Jagdishan flags funding risk; says net interest margins to be hit

“The bank has demonstrated that it can do business in a rangebound manner. We operate within a range of 4% to 4.4% over multiple business and interest rate cycles,” said Jagdishan. “But with the merger and because the home loan is now going to be a significant part of the total advances book and it carries a lesser spread. The NIMs will drop, I think in Q2, which will be declared sometime in the later part of October. It will be visible as to where the impact of NIM will be.”

India , V-srinivasa-ranjan , Renu-karnad , Atanu-chakraborty , Deepak-parekh , Keki-mistry , Hdfc-bank , Sashidhar-jagdishan , Reserve-bank , Cash-reserve-ratio , Statutory-liquidity-ratio , Chief-executive-officer

HDFC Bank gets six months to move HDFC clients to external benchmark

The Reserve Bank of India (RBI) has given HDFC Bank six months to migrate HDFC's home loan customers to external benchmark linked lending rate (EBLR), top sources in the bank told Business Standard.

Almost half of HDFC's 5.4 million customers are home loan customers.

It is mandatory for banks to link retail loans and loans to micro, medium and small enterprises to an external benchmark.

Non-banking financial companies do not have such a mandate.

India , V-srinivasa-ranjan , Renu-karnad , Arvind-kapil , Keki-mistry , Kaizad-bharucha , Bank-photograph , Harvard-business-school , Reserve-bank , Business-standard , Business-news , Usiness-news-india

70% Of HDFC Bank's Top Executives Are Retiring During The Integration

(CTN News) - There is no doubt that the absence of leadership from HDFC Bank will make the integration process smoother and faster..........

V-srinivasa-rangan , Ajay-agrawal , Mathew-joseph , Deepak-parekh , Keki-mistry , Sudhir-jha , Srinivasa-rangan , Conrad-dsouza , Madhumita-ganguly , Renu-karnad , Managing-director

HDFC Bank leads integration process as 70% of HDFC top execs to retire

India Business News: MUMBAI: In a move that could expedite the integration process, most of the top management of erstwhile HDFC comprising members of the executive manage.

Mumbai , Maharashtra , India , Mahesh-shah , Keki-mistry , V-srinivasa-rangan , Deepak-parekh , Madhumita-ganguly , Suresh-menon , Ajay-agarwal , Mathew-joseph , Conrad-dsouza

Tamal Bandyopadhyay: The Credila Success Story - Rediff.com Business

Education finance is a complex and dynamic sector.
There are too many variables -- the course, the calibre of students, the universities, and the job prospects once the course is over, notes Tamal Bandyopadhyay.

Mumbai , Maharashtra , India , Hofstra-university , New-york , United-states , Pune , Boca-raton , Florida , Abu-dhabi , Abuz-aby , United-arab-emirates

HDFC Bank: 70% of HDFC top executives to step down in integration process

Most of the top management of erstwhile HDFC comprising members of the executive management - and not just the senior leadership- will not join the combined entity, HDFC Bank, as rules do not allow banks to have superannuated executives on bank's rolls, as per a Times of India report.

India , Sudhir-jha , Renu-karnad , Mahesh-shah , Keki-mistry , Madhumita-ganguly , Deepak-parekh , Conrad-dsouza , Mathew-joseph , Satrajit-bhattacharya , Suresh-menon , Ajay-agarwal