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Searched Tag: hdfc bank

External review sets aside former HDFC Bank chairman’s concerns

June 27, 2026, 12:33 PM - 4 min read

Chakraborty resigned as chairman of the country's second biggest lender, HDFC Bank, citing ethical concerns. This was the first time that a part-time chairman of HDFC Bank left mid-way, raising concerns over its functioning.

Four top-10 firms add ₹2.20 lakh-cr in mcap

May 3, 2026, 02:35 PM - 3 min read

Four of the top-10 firms added ₹2.20 lakh crore in mcap last week, led by Reliance Industries, amid a volatile and range-bound market trend.

Sensex sinks 931 pts, Nifty slips on ceasefire fears

April 9, 2026, 04:54 PM - 4 min read

Equity markets fell sharply as fading optimism over the US-Iran ceasefire, rising oil prices and foreign outflows triggered profit-booking, dragging the Sensex down 931 points and Nifty below 23,800.

Atanu Chakraborty resigns as HDFC Bank chairman citing ethical concerns; shares plunge 9% as RBI approves Keki Mistry as interim chief.

HDFC Bank chairman Atanu Chakraborty resigns

March 19, 2026, 11:29 AM - 3 min read

"Certain happenings and practices within the bank, that I have observed over the last two years, are not in congruence with my personal values and ethics. This is the basis of my aforementioned decision," he said in his resignation letter dated March 17.

Mcap of top 10 firms drops ₹4.48 lakh crore in a week

March 15, 2026, 02:20 PM - 3 min read

The combined market value of India’s top 10 firms fell by Rs 4.48 lakh crore last week as equities slumped amid surging crude prices and geopolitical tensions in West Asia.

Seven top firms lose ₹3.63 lakh-cr in mcap, Reliance hit hardest

January 11, 2026, 04:24 PM - 3 min read

Seven of India’s top 10 most valued firms lost Rs 3.63 lakh crore in market capitalisation last week, with Reliance Industries the biggest laggard amid a sharp decline in benchmark indices.

RBI said HDFC Bank had also adopted multiple benchmarks within the same loan category, and it had outsourced the function of determining compliance with KYC norms of certain customers to its outsourcing agents

RBI fines HDFC Bank ₹91 lakh for compliance failure

November 28, 2025, 09:39 PM - 2 min read

The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).

HDFC Bank has added about 5,000 employees in the last six months to take its overall base to over 2.20 lakh at the end of September

AI not going to result in layoffs in HDFC Bank: CEO

October 19, 2025, 03:14 PM - 3 min read

While the country’s largest private sector lender is carrying out some experimental use of generative AI, the bank’s Chief Executive and Managing Director, Sashidhar Jagdishan, assured that technology will not replace human labour in HDFC Bank

Reliance Industries, Bharti Airtel, and Infosys faced erosion from their valuation

HDFC biggest gainer in mcap jump of 7 most-valued firms

October 5, 2025, 07:45 PM - 2 min read

There was an increase in the combined market valuation of seven of the top-10 most-valued firms last week by a staggering ₹74,573.63 crore

The bank said it did not see any material impact from it, but disclosed that it has also been barred from soliciting customers

HDFC Bank barred from onboarding new clients in Dubai branch

September 27, 2025, 03:09 PM - 2 min read

While the exact details of the alleged financial violations against the bank were not immediately clear, the bank said it had initiated the necessary steps to comply with the notice of the Dubai Financial Services Authority