Photo: MMA Global
HDFC Denies Leak Data Of Customer, Releases Official Tweet
The HDFC bank officials, denied any hacking and alleged security breach. The clarification from the bank came hours after a hacker dumped 7.5 GB data purportedly belonging to HDFC customers. Hi, we wish to state that there is no data leak at HDFC Bank and our systems have not been breached or accessed in any unauthorised manner. We remain confident of our systems, said HDFC.
Tags: HDFC, Bank Data, CUSTOMER, Security Breach, Bank
Courtesy: The Free Press Journal
Photo: MMA Global
HDFC Bank To Acquire 9.94% Stock In Go Digit Life Insurance
HDFC Bank, India's largest private-sector lender, announced 9.94% stake in Go Digit-Life Insurance. According to a regulatory statement to stock exchanges, HDFC and Go Digit-Life Insurance entered into an "indicative and non-binding term sheet" on August 25 for two tranches totaling between Rs 49.9 crore and Rs 69.9 crore. This agreement, however, is subject to signing of formal agreements with mutually agreed-upon terms and circumstances,… read-more
Tags: HDFC, Go Digit Life Insurance, Insurance company, Stocks, stock exchange
Courtesy: ANI
Photo: Business Insider India
National Stock Exchange, Bombay Stock Exchange Approve HDFC-Bank Merger Proposal
The National Stock Exchange and Bombay Stock Exchange have authorized the proposed merger of HDFC Bank and its parent company HDFC, stating that they have "no objection," bringing the transaction one step closer to completion. According to the terms of the agreement, HDFC Ltd owners would get 42 HDFC Bank shares for every 25 HDFC Ltd shares owned. Existing HDFC Ltd. stockholders will hold 41% of HDFC Bank.
Tags: HDFC, merger agreement, HDFC BANK, NATIONAL STOCK EXCHANGE, Bombay stock exchange
Courtesy: ANI
Photo: PiPaNews
HDFC Mutual Fund Files For India’s First Defence Fund
HDFC Mutual Fund, has filed for a defence fund that will be the first such fund in the mutual fund industry. In addition, it will be an open-ended equity scheme that will be investing in defence & allied sector companies such as Aerospace, Explosives, Ship Building, industries /stocks present on SIDM. In addition, the Minimum Application Amount During NFO Period Purchase will be Rs 5,000 and any amount thereafter.
Tags: business, HDFC, MUTUAL FUND, defence fund, India
Courtesy: Zee News
Photo: Zee Business
HDFC Life Gets Status Of 'Best Governed Company Listed Segment'
HDFC Life won the award for the 'Best Governed Company: Listed Segment' at the 21st Edition of the ICSI National Awards for Excellence in Corporate Governance. The Union Home Minister and Minister of Cooperation Amit Shah presented the prestigious award at the event. Thanking ICSI, Vibha Padalkar, Managing Director & CEO, HDFC Life said, ''We at HDFC Life are committed to living the highest standards of Corporate Governance.''
Tags: HDFC, ICSI National Awards, Amit Shah, Best Governed Company, India
Courtesy: ANI
Photo: The Vocal News Logo
Amazon's 'Great Indian Festival Sale' Starts From October 4
Amazon announced that the Great Indian Festival sale will start on October 4 till November. The company also shook hand with HDFC Bank to offer a 10% discount using the bank's debit or credit cards. Reportedly, over 1,000 new products from brands like Apple, Asus, Fossil, HP, and Samsung are expected to be launched during this festival. Besides, Flipkart's Big Billion Day sale will start on October 7.
Tags: Great Indian Festival, Amazon, Flipkart, HDFC, Big Billion Day, sale
Courtesy: NDTV Gadgets 360
Photo: The Live Mirror
RBI Lifts Ban, Allows HDFC To Issue New Credit Cards
The Reserve Bank of India (RBI) granted partial relief to HDFC on August 17 by lifting a ban on issuing new credit cards following eight months ban. However, the bank will still be barred from launching new technology initiatives until further orders from the RBI. Earlier in December 2020, the RBI imposed both the bans as it received several complaints of ''technological outrages at the lender.''
Tags: RBI, HDFC, Credit Cards, Ban, Bank
Courtesy: LatestLY
Photo: Amar Ujala
WhatsApp To Offer Health Insurance, Micro-Pension Products
WhatsApp India Head Abhijit Bose revealed at ‘Facebook Fuel for India' event that WhatApp will soon launch its health insurance and micro-pension services. Bose said while the company was working with SBI General for health insurance, it is partnering HDFC Pension and Pinbox for micro-pension products. The health insurance will be rolled out in end-2020 only, he added. Targeting its large user base, the company is looking to offer services on… read-more
Tags: WhatsApp, Health, Insurance, Micro-pension, WhatsApp Pay, HDFC, PinBox
Courtesy: Gadgets 360
Photo: Business Today
HDFC Bank Gets New CEO; Sashidhar Jagdishan To Replace Aditya Puri
HDFC Bank on October 17 informed that its present head of finance, Sashidhar Jagdishan, will be the new CEO of the bank. Earlier, the RBI has approved his appointment for a term of three years. Sashidhar, who joined HDFC in 1996, has served various positions in the bank including that of Chief Financial Officer. He is expected to take charge from October 27, and will replace incumbent Aditya Puri.
Tags: HDFC BANK, CEO, RBI, HDFC
Courtesy: Livemint
Photo: News Track
HDFC to Finance Tata's Passenger Vehicles Under New Scheme
Under the new ’Gradual Step Up’ and ’TML Flexi Drive’ schemes, Tata motors reported that its passenger vehicles can be financed by HDFC banks after the collaboration. Reportedly, the schemes are open until the end of November where the customers can choose their EMI paying options. A Tata Motors official said, “The schemes are affordable and accessible to individuals and families, while contributing to the joy of this year’s festive season… read-more
Tags: TATA MOTORS INDIA, HDFC, EMI, Automobile
Courtesy: CNBC
