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Ltd on Saturday said an application has been filed with the National Company Law Tribunal (NCLT) for merger of HDFC Investments Limited and HDFC Holdings Limited with HDFC Bank. This is part of the proposed merger of , the country's…

Capital markets regulator Sebi has granted in-principle approval for change in control of along with change in one of the co-sponsors of HDFC Mutual Fund from Ltd to . The change in control will happen following the merger of HDFC and…

Increase in monthly outgo for home, auto, personal loans are set to pinch borrowers yet again, after the Reserve Bank of India hiked the benchmark lending rate the third time in three months. Most top banks including , , among others…

With Citibank's credit card spends share falling to 3.9% in June from 4.8% a year ago, analysts said may have overpaid for the Citi retail assets deal. During the same period, Axis Bank's market share has increased to 9.3% from 8.3%,…

The RBI-led Monetary Policy Committee is widely expected to raise the benchmark rate for a third straight time between 25 and 50 basis points and likely change the accommodative stance at the end of its policy review tomorrow. However,…

NEW DELHI: Benchmark indices on Thursday fell over 1 per cent from day’s highs amid profit booking around key resistance levels. Selling pressure in heavyweight and a couple of banking names also weighed on indices. At 12 pm, the BSE…

In order to reduce issues related to reconciliation of timed-out and declined transactions on the United Payments Interface (UPI) platform, the National Payments Corporation of India (NPCI) is working on a feature that will allow…

India's central bank is most likely to raise the policy rate and perhaps change the "accommodative" stance this week, but its signal on inflation trajectory will be crucial for the country where opposition political parties created…

Mumbai: The merger of HDFC with HDFC Bank will change the composition of credit in the banking sectorand increase share of home loans to a fifth of all bank credit. The merger will also open the fixed deposit market for non-banking…

Helped by positive global cues and foreign inflows, the headline indices rose for the fourth consecutive session today. Power, auto and telecom stocks were among the top sectoral gainers while pharma ended in the red. Here's how analysts…