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8 of the top 10 most valuable companies’ m-cap jumps over Rs 1.52 lakh crore
The BSE benchmark Sensex gained 1,246.89 points, or 2.07%, last week. On Thursday, the threshold surpassed 61,000 for the first time in history.
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HDFC Bank Q2 net profit up 17.6%
During the same quarter in the previous year, the bank had earned a net profit of Rs 7,513.10 crore on a standalone basis.
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Private lenders ramp up hiring
HDFC Bank aims to recruit 2,500 people in the next 6 months; Shriram Group wants to add 5,000 employees.
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Three-year FDs: These banks are offering up to 7% interest
A few private banks and small finance banks are offering higher interest rates to attract new deposits.
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M-cap of 8 of top-10 most valued firms jumps Rs 2.32 lakh crore
Reliance Industries was leading the chart of the top-10 most valued companies list followed by Tata Consultancy Services, HDFC Bank and Infosys
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Banks stocks gain after RBI maintains status quo
CPI inflation is seen at 5.3% for this fiscal. In Q2, it is seen at 5.1%, 4.5% in Q3 and 5.8% in Q4, with risks broadly balanced.
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Credit card spends surge 54% to Rs 77,981 crore in August
Market experts have expressed the hope that in the festive season, given the ease in restrictions spending will increase further.
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HDFC Bank launches festive offers, partners with 10,000 merchants
Customers will be able to get personal loans starting at 10.25% with fast disbursement in their accounts, among other incentives.
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Festive offers on card transactions: Check out offers
Lenders like Kotak Mahindra Bank, SBI, HDFC, PNB have already slashed interest rates on home loans ahead of the festive season.
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HDFC Bank records 4 lakh new credit card users
The bank will increase its pace on ramping up its credit card acquisition and will look to regain the lost market soon
