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HDFC Bank Appoints Former CEC Rajiv Kumar as Chairman
PoliticsTimes of Indiahindustan-timesindian-express1mo ago3 sources

HDFC Bank Appoints Former CEC Rajiv Kumar as Chairman

HDFC Bank has announced the appointment of former Chief Election Commissioner Rajiv Kumar as its new chairman. Kumar has a distinguished background, having served on several key financial bodies.

HDFC Bank Board Clears Allegations, Ex-Chair Disputes Process
Businessindian-expressabidjan-net1mo ago2 sources

HDFC Bank Board Clears Allegations, Ex-Chair Disputes Process

HDFC Bank's board review has cleared allegations, but former chairman Atanu Chakraborty disputes the process, claiming the board ignored queries regarding the legal review after his resignation. The controversy surrounds the bank's internal governance.

HDFC Bank MD, CFO Fined Rs 1 Lakh Over Maharashtra PSU Deposit Case
BusinessTimes of Indiaindian-express12d ago2 sources

HDFC Bank MD, CFO Fined Rs 1 Lakh Over Maharashtra PSU Deposit Case

HDFC Bank's board has imposed a Rs 1 lakh penalty on its Managing Director and Chief Financial Officer for an 'extra payout' to a Maharashtra Public Sector Undertaking (PSU) in a deposit case. The disciplinary action follows an investigation into the matter concerning the Maharashtra State Road Development Corporation (MSRDC) deposit.

Indian Banks Report Strong Q1 Profit Growth, HDFC Lags
Businessbloombergindian-express21d ago2 sources

Indian Banks Report Strong Q1 Profit Growth, HDFC Lags

Several major Indian banks, including ICICI, Kotak, Axis, and YES Bank, reported double-digit profit growth in the first quarter, with ICICI Bank's profit beating estimates due to surging loans. HDFC Bank, however, lagged behind its peers in profit growth.

ICICI and HDFC Banks Report Strong Q4 Earnings
FinancebloombergYahooindian-express+1seeking-alpha3mo ago4 sources

ICICI and HDFC Banks Report Strong Q4 Earnings

ICICI Bank and HDFC Bank have both reported robust financial results for the fourth quarter, with net profits soaring by 8-9% year-on-year. Both banks demonstrated strong credit growth and improved asset quality during this period.

HDFC Bank Cuts Over 3,300 Jobs Amid Automation Drive
Businesshindustan-timesseeking-alpha27d ago2 sources

HDFC Bank Cuts Over 3,300 Jobs Amid Automation Drive

HDFC Bank has eliminated more than 3,300 jobs as it accelerates its automation and technology-led transformation initiatives. This move reflects the bank's strategic shift towards increased digital operations.

Upcoming Financial Changes in India from July 1, 2026
BusinessTimes of India1mo ago

Upcoming Financial Changes in India from July 1, 2026

Several financial changes will take effect in India starting July 1, 2026, including new income tax filing deadlines, a temporary free period for Aadhaar email updates, and shifts in SBI Card rewards and HDFC Bank credit card lounge access eligibility.

Fed Waits and Wonders Amid Stock Market's Wartime Reversal
FinanceReutersBBCbloomberg+25NYTwsjFTThe GuardianCNNdr-dkcnbcel-mundo+17 more4mo ago28 sources

Fed Waits and Wonders Amid Stock Market's Wartime Reversal

The Federal Reserve is in a waiting period, contemplating its next moves as the stock market experiences a reversal influenced by wartime conditions, adding complexity to economic forecasts.