HDFC Bank expands foreign exchange offering in Kerala






HDFC Bank Ltd. on Wednesday, announced the expansion of its foreign exchange offering in Kerala by increasing the product range to include 20 currencies. It now also offers the Haj Umrah ForexPlus card, which is aimed at meeting the requirements of Haj pilgrims, customers, as well as businesses. Pilgrims can use this card to make all payments during the pilgrimage […]




Read more

HDFC Bank vies for bond crown amid record sales






HDFC Bank Ltd is threatening to end Axis Bank Ltd’s decade-long reign as the largest arranger of rupee-denominated corporate bonds as sales climb to a record for a third straight year. India’s most valuable bank has managed Rs481.5 billion ($7.5 billion) of offerings so far this year, jumping 11 notches from 2014 to number two on Bloomberg’s league table. Businesses in Asia’s […]




Read more

Axis Bank Claims it is Second-Most Preferred Card Issuer






Axis Bank on Monday claimed that it stood at second position in the card acceptance industry, with a point of sale (POS) installation base of over 4,33,000 in the country. The bank, in 2016-17, acquired more merchants (2,18,000) than in the previous four fiscal years, underscoring its commitment to electronic payments, Sangram Singh, Head-Cards and Payment business, Axis Bank, said […]




Read more

RBI seen going for rate cut in August MPC meeting






With inflation falling to record low levels and industrial growth slipping to below 2%, bankers and economists feel the pressure has increased on the Reserve Bank of India to go for a policy rate cut in the monetary policy committee meeting next month. The six-member monetary policy committee (MPC) headed by RBI governor Urjit Patel will meet on 1-2 August […]




Read more
1 2 3 180