HDFC Bank Ltd.
Coverage of HDFC Bank Ltd. in the Nexus archive.
- El-Nino, below normal monsoon pose risk for growth, inflation outlook in FY27: HDFC Bank MD
El-Nino and below normal monsoon conditions in FY27 pose risks to economic growth and inflation. HDFC Bank MD Sashidhar Jagdishan highlights global trade fragmentation, geopolitical tensions, and external financial market volatility as additional risks requiring vigilance.
- HDFC employee lied about a "profile update" to secretly issue an unauthorized credit card
An HDFC Bank employee deceived a user by claiming to perform a routine profile update, but secretly initiated an unauthorized credit card issuance. The user received OTPs for a credit card, confronted the employee who denied the application, but later confirmed the card was processed. The user's complaint to HDFC remains unresolved, highlighting concerns about bank staff exploiting customers to meet sales targets.
- ‘When will ED freeze temple funds?' Derek O'Brien questions TMC accounts freeze
Derek O'Brien questions the Enforcement Directorate (ED) for freezing the Trinamool Congress (TMC)'s bank accounts but not temple funds. The ED has frozen three TMC accounts with HDFC Bank.
- ED freezes TMC's ₹440-cr worth bank deposits under PMLA
The Enforcement Directorate (ED) has frozen ₹440.42 crore in three HDFC Bank accounts of the Trinamool Congress (TMC) under the Prevention of Money Laundering Act (PMLA). The action involves bank deposits held by the TMC.
- India’s HDFC Bank Beats Estimates as Loan Growth Stays Strong
India’s HDFC Bank reported stronger-than-expected loan growth, driven by sustained demand for home loans. The bank aims to leverage home lending to expand into consumer finance, offering loans for products like air conditioners, cars, and TVs.