Several banks open special vostro accounts for trade in rupee, more countries expressing interest
Several banks, including HDFC Bank and UCO Bank, have opened special vostro accounts to facilitate overseas trade in the rupee ...
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Tag: HDFC Bank
HDFC Bank begins offline payment pilot under RBI sandbox
The country's largest private sector lender HDFC Bank on Monday said it is attempting to execute digital payments in an ...
Read moreBanks on branch addition spree to cash in on credit growth
Indian banks are on a branch addition spree as they look to capitalise on the purple patch in credit growth. ...
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RBI’s new proposal on loan loss provisions to raise bank capital needs
The Indian central bank's discussion paper suggesting banks make provisions on bad loans using an expected credit loss (ECL) method ...
Read moreHDFC Bank partners with Microsoft for digital transformation journey
HDFC Bank on Tuesday said it is partnering with Microsoft in the next phase of its digital transformation. The private ...
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SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI
The Reserve Bank of India said that State Bank of India, ICICI Bank and HDFC Bank continue to be domestic ...
Read moreHDFC Bank acquires 7.75 per cent stake in fintech start-up Mintoak for Rs 31.1 crore
One of India’s largest private sector lenders HDFC Bank on Wednesday acquired a minority stake in Mintoak Innovations Private Limited ...
Read moreBanks follow RBI’s signal; hike lending rates
Hours after RBI's move to increase repo rate by 35 basis points, a number of lenders, including Bank of India ...
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RBI allows HDFC Bank, Canara Bank to open vostro account for Rupee trade with Russia
The Reserve Bank of India (RBI) on Monday allowed HDFC Bank Ltd and Canara Bank Ltd to open a special ...
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Julius Baer strengthens its onshore India team
Foreign wealth manager Julius Baer has further strengthened its onshore India team, by onboarding Akul Juneja as Managing Director Senior ...
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