Due to COVID-19, HDFC reduces their working hours

Due to the spread of coronavirus, private sector banks like ICICI and HDFC banks have asked their users to use digital means of transactions for making any transactions and they also have reduced their staff in their offices. HDFC bank has totally changed their working hours and it will begin at 10am everyday to 2pm … Read more Due to COVID-19, HDFC reduces their working hours

A quick comparison of SBI fixed deposit rates with HDFC

Terms like internal liquidity position of bank, repo rate and other economic conditions are the things that determine the fixed rates of any bank. Banks like State bank of India, ICICI Banks, HDFC Banks, Kotak mahindra bank, Axis bank are offering the fixed deposit rates that are ranging from 7 days to 10 years. Fixed … Read more A quick comparison of SBI fixed deposit rates with HDFC

To identify Aditya Puri’s successor, HDFC bank to tap Egon Zehnder

In order to find the successor to managing director Aditya Puri, the bank, HDFC will retain the global executive search Egon Zehnder. Puri is at helm of the country’s largest private lender since 1994. he is also an advisor to the search committee. On this, a member of committee said- “The latest decision to hire … Read more To identify Aditya Puri’s successor, HDFC bank to tap Egon Zehnder

HDFC Bank will Seek Approval from RBI For Aditya Puri’s Successor

As per a senior official of the bank, HDFC bank is going to seek approval of RBI for the replacement of the Aditya Puri. After the December quarter’s results, Sashidhar Jagdishan, executive director, HDFC Bank, said that the board of directors have agreed upon the search firm that is going to help in the process. … Read more HDFC Bank will Seek Approval from RBI For Aditya Puri’s Successor

HDFC will open 200 branches in North east region, hiring 2000 people

HDFC bank recently declared that it is going to increase its headcount by 50 per cent to 6,000 employees in the north-east (NE) region in the next 2-3 years to achieve its network expansion plans. In next one year, the bank is planning to hire 1500 people in Assam state as it has a plan … Read more HDFC will open 200 branches in North east region, hiring 2000 people

Everyone’s favourite market HDFC is in Crisis

All around HDFC Bank Ltd., India’s biggest lender by market value, the news seems to be bad and getting worse: economic growth is slowing, loan losses are rising and shadow banks are mired in crisis. And yet investors keep piling into HDFC Bank’s stock, convinced it will emerge a winner from India’s financial woes. The lender’s … Read more Everyone’s favourite market HDFC is in Crisis