Merger with HDFC to take 8-10 months more: HDFC Bank

HDFC Bank expects to amalgamate its home loan major parent HDFC into itself by September next year, a top official said on Friday. Photograph: Shailesh Andrade/Reuters Both HDFC and HDFC Bank......

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Host of lenders led by State Bank of India (SBI) and Bank of India hiked lending rates after the Reserve Bank raised the benchmark interest rate to tame inflation. Illustration: Uttam......

HDFC Bank: Despite merger, stock may remain sideways, caution analysts

With the merger between HDFC Bank and HDFC Ltd complete, analysts said the next key monitorable for the Street would be successful resolution of merger-related hiccups, including employee-related......

Why Bankers Love 'Casa'

Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits.Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit......