Mumbai: HDFC Bank chief executive Sashidhar Jagdishan on Tuesday unveiled his boldest leadership overhaul in more than three years to help capture synergies with the bank’s mortgage-financing parent. This will strengthen a retail-focused accountability structure that will enhance access to deposits. The chief executive has split retail loans into mortgage and non-mortgage segments, with two … Read more
(This story originally appeared in on Apr 05, 2022) Mumbai: The proposed HDFC Ltd and HDFC Bank amalgamation will involve HDFC Investments and HDFC Holdings merging with the parent mortgage company. Subsequently, HDFC will merge with its banking arm, resulting in all group companies becoming direct subsidiaries of HDFC Bank. Besides the bank, HDFC is … Read more
NEW DELHI: HDFC Bank‘s asset quality was strong at the end of September quarter. The private lender made lesser provisions for the quarter compared with June quarter and beat Street estimates on the bottom line front. A pre-provision profit growth of 18 per cent was healthy; so were growth in deposits and advances. Here are … Read more