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Hdfc Ergo

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HDFC Bank to acquire 4.99% stake in HDFC ERGO

Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company. In June, HDFC Bank had said its board has given approval......

India's macroeconomic fundamentals strong; recovery underway: Deepak Parekh

Housing Development Finance Corp (HDFC) chairman Deepak Parekh on Tuesday said that while the country's macroeconomic fundamentals remain strong and the recovery is in progress, the......

HDFC urged to reduce stake in insurance arms

In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent. Illustration: Dominic Xavier/Rediff.com The Reserve Bank of India (RBI) has asked mortgage......

Banks turn a deaf ear to RBI diktat staying EMIs for 3 months

With many getting payment reminders, confusion prevails among borrowers, term-plan investors and credit cardholders over the implementation of the three-month moratorium on all loan repayments amid......

HDFC to acquire Apollo Munich Health Insurance for Rs 1,347 crore

The merged entity will have a combined market share of 6.4 per cent in the non-life insurance industry with 308 branches in the country.The deal is subject to regulatory approvals and the entire......
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