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......

Fixed Deposits: Still a good bet?

Fixed deposits as an asset class have traditionally been favourites with a large section of the investing community. Infact for some investors, investing in a fixed deposit is synonymous with......

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......