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Source: Business Standard Online Shopping, credit card, Shopping(Photo: Shutterstock) 2 min read Last Updated : Oct 02 2024 | 9:48 AM IST Effective October 1, 2024, HDFC Bank has limited reward point redemptions for its premium for Infinia and Infinia Metal credit cards. Key Changes: Click here to connect with us on WhatsApp…
Source: Live Mint A Cash Deposit Machine or Automated Deposit-cum- Withdrawal Machine (ADWM) — is an ATM-like machine that enables depositors to deposit cash into their accounts using the ATM-cum-debit card. One can use this machine to immediately credit their account without visiting the branch. The transaction receipt gives an updated account balance. Meanwhile, it…
Source: Live Mint HDFC Bank is set to revise its loyalty program for select credit cards, with changes taking effect on October 1, 2024. A key update involves limiting the redemption of reward points for Apple products to one item per calendar quarter through the Smartbuy platform. Specifically, HDFC Bank will allow customers to redeem…
Source: Live Mint Mumbai: Investors in India’s stock markets lost ₹3.79 trillion on Monday, after the benchmarks fell the most in a day in almost two months on heavy selling by foreign portfolio investors and retail clients. The Nifty shrank 1.41% to 25,810.85, and the Sensex fell 1.49% to 84,299.78. This was the biggest single-day…
Source: Live Mint The combined market valuation of eight of the top 10 most valued firms surged ₹1,21,270.83 crore last week. Reliance Industries became the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points or 1.21 per cent. The 30-share BSE Sensex hit its…
Source: Business Standard Stocks to Watch, Friday, September 27, 2024: Indian equity benchmark indices looked set for a higher open on Friday, following overnight gains in the US and higher Asian markets. The same was indicated by GIFT Nifty futures. At 7:10 AM, GIFT Nifty futures were trading at 26,349, around 40…
Source: Business Standard 3 min read Last Updated : Sep 26 2024 | 9:20 PM IST By Saikat Das and Preeti Singh Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry. …
Source: Live Mint The Fed’s aim is to get ahead of potential labour market challenges and stabilise the US economy amid looming uncertainties. While the cuts are focused on the US, their impact is already resonating across global markets and India is well-positioned to capitalise on them. The Fed’s decision could unlock new opportunities for…
Source: Live Mint The combined market capitalization of six of the top 10 most valuable companies surged by ₹1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the top gainers, in line with positive trends in equities. The BSE benchmark rose by 1,653.37 points or 1.99 per cent over the week. On…
Source: Live Mint HDB Financial Services, a subsidiary of India’s biggest private lender, HDFC Bank, received the board’s nod for an initial public offering (IPO) of equity shares on Friday. The IPO will comprise a fresh issue of shares worth ₹2,500 crore and an offer for sale (OFS) by existing shareholders, HDFC Bank informed in…
