Aim to double every 4 years: HDFC Bank MD after merger

Having successfully executed the merger with parent HDFC, HDFC Bank's managing director and chief executive Sashidhar Jagdishan on Saturday said the country's largest lender aims to double every......

How RBI triggered HDFC-HDFC Bank merger talks

Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds to fund infrastructure and......

Borrowers spoilt for choice as banks cut loan rates

Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts. Illustration: Uttam Ghosh/Rediff.com Banking giants State Bank of......

Good news for home buyers; SBI cuts loan rates to 6.7%

The country's largest lender State Bank of India on Monday said it has reduced interest rates on home loans by up to 10 basis points (bps) and is offering loans starting from 6.70 per cent rate.......