by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
”The domestic markets remained under pressure due to rising US bond yields and a stronger greenback. Concerns reigned over upcoming Fed policy, interest rate trajectory and rising oil prices. Bank Nifty underperformed today due to rising cost of funds and...
by AIP Online Bureau | Aug 4, 2023 | Indian News, Life, Non-Life
In view of the merger of HDFC Ltd with HDFC Bank Ltd, Indian insurers had requested IRDAI to allow investments in HDFC Ltd bonds to be continued to be classified under Housing and Infrastructure sector and exempt the single investee equity exposure limits prescribed...
by AIP Online Bureau | Jul 19, 2023 | Banking & Bancassurance, Indian News, Life, Non-Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits
”Savings accounts, personal loans, insurance cover, SIPs can all be bundled along with a home loan to create a compelling value proposition to the customer, that probably does not exist in the market at the scale at which this is envisaged,” said HDFC Bank...
by AIP Online Bureau | Jun 28, 2023 | Indian News, Life, Regulation
In April, the Reserve Bank allowed HDFC Bank or HDFC to increase shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent before the effective date of the merger Mumbai: Mortgage financier HDFC Ltd on Tuesday picked up...
by AIP Online Bureau | Jun 27, 2023 | Indian News, Life, Non-Life
The merger of the corporation with HDFC Bank will be effective July 1, Parekh said.HDFC vice-chairman and CEO Keki Mistry said that the stock delisting of the corporation will be effective from July 13 Earlier, IRDAI had approved HDFC Ltd’s move to transfer its...
