Mumbai, April 10 The Bombay High Court has ordered HDFC Bank to refund Rs 38 lakh to a Pune-based businessman, who lost the amount to a digital fraud, observing that the account holder was not at fault.A bench of Justices Bharti Dangre and Manjusha Deshpande, in its order of April 6, held that...
account recovery
bank fraud
bank liability
customer protection
digital fraud
financial loss
fraud investigation
hdfcbank
mobile banking
online transactions
pune businessman
rbi guidelines
reserve bank of india
sim swapping
unauthorized electronic transactions
Mumbai, April 9 – The benchmark indices Sensex and Nifty plunged on Thursday afternoon trading after a strong rally in the previous session, as fresh tensions in West Asia threatened the ceasefire reached between the US and Iran.Weak trends in Asian markets and continued outflows of foreign...
Mumbai, April 9 The benchmark stock market indices, Sensex and Nifty, experienced a significant drop in early trading on Thursday, following a strong rally in the previous session amidst fresh tensions in West Asia, raising concerns about a potential breach of the ceasefire.The 30-share BSE...
New Delhi, April 8 A court here on Wednesday dismissed the plea of an accused subcontractor who alleged illegal detention by police in the Janakpuri biker-death case, saying the claim was not supported by any credible material in the record.The case pertains to the death of Kamal Dhyani, who...
Mumbai, April 8 The rupee appreciated by 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral stance.Forex...
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crude oil
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foreign institutional investors
hdfcbank
india
iran
monetary policy
nifty
reserve bank of india
rupee
sanjay malhotra
sensex
strait of hormuz
us dollar
Mumbai, April 8 The Reserve Bank said on Wednesday that the minutes of HDFC Bank's board meeting and other records are reviewed as part of the supervisory exercise, and reiterated that the largest private sector lender has not been found wanting in terms of ethics and governance."I would like...
atanu chakraborty
banking system
board minutes
corporate governance
ethics
financial institutions
fraud investigation
hdfcbank
idfc bank
kotak mahindra bank
macroprudential measures
regulatory supervision
reserve bank of india
share prices
state government accounts
Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...
brent crude
donald trump
equity market
financial markets
foreign exchange
hdfcbank
india
iran
monetary policy
oil prices
reserve bank of india
rupee
sanjay malhotra
strait of hormuz
us dollar
Mumbai, April 8 The Reserve Bank found no governance or conduct-related issues during its supervisory inspection of HDFC Bank, Governor Sanjay Malhotra said on Wednesday.Responding to a question at the post-monetary policy press conference on the sudden resignation of HDFC Bank Chairman Atanu...
banking supervision
conduct
domestic systemically important bank
financial stability
governance
hdfcbank
interest rates
regulatory inspection
reserve bank of india
rupee volatility
share price
Mumbai, April 8 In an effort to promote ease of doing business, Reserve Bank Governor Sanjay Malhotra proposed on Wednesday to revise and rationalize guidelines to facilitate better utilization of bank board time, and draft directions in this regard would be released shortly.The matters to be...
atanu chakraborty
bank boards
banking supervision
due diligence
financial regulations
hdfcbank
master directions
micro, small and medium enterprises (msmes)
non-bank entities
public consultation
regulatory instructions
reserve bank of india
sanjay malhotra
standalone primary dealers
term money market
trade receivables discounting system (treds)
New Delhi, April 6 A court here has issued a notice to the Delhi Police seeking clarification on the absence of CCTV footage regarding the alleged illegal detention of an accused subcontractor in the Janakpuri biker-death case.The case pertains to the death of Kamal Dhyani, who worked as an...
Mumbai, April 6 Sebi chairman Tuhim Kanta Pandey said on Monday that independent directors play a very important role in a company's affairs, and emphasized the need for them to adopt a "constructive approach" when performing their duties.In comments that came weeks after the resignation of...
board meetings
board of directors
capacity building
corporate governance
cyber risk
data governance
financial markets
hdfcbank
independent directors
investor wealth
regulatory compliance
regulatory developments
risk management
sebi
securities and exchange board of india
New Delhi, April 5 The combined market valuation of six of the top-10 most valued companies declined by ₹64,734.46 crore in a shortened week due to the holiday period, with Bharti Airtel experiencing the biggest drop, reflecting the overall weakness in the equity market.Last week, the BSE...
New Delhi, April 4 HDFC Bank, the country's second-largest lender, reported a 12 per cent increase in credit growth to Rs 29.6 lakh crore for the March quarter.The bank's total advances stood at Rs 26.43 lakh crore as of March 31, 2025, HDFC Bank said in a regulatory filing.The lender...
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casa deposits
chairman resignation
corporate governance
credit growth
department of economic affairs
deposits
financial performance
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indian banks
regulatory filings
time deposits
Mumbai, April 2 The All India Bank Employees' Association has written to Finance Minister Nirmala Sitharaman, seeking an inquiry into the affairs at HDFC Bank following the surprise resignation of its non-executive chairman Atanu Chakraborty last month.The AIBEA said there is a need for HDFC...
all india bank employees' association
banking
corporate governance
customers
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finance minister nirmala sitharaman
financial sector
governance
hdfcbank
independent director
india
rbi (reserve bank of india)
regulatory oversight
shareholders
systemic stability
Mumbai, April 2 – Stock markets staged a strong recovery on Thursday, erasing early losses to close higher, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700, driven by strong value buying in IT and banking shares and a sharp rebound in the rupee.After...
Mumbai, April 2 Foreign portfolio investors have withdrawn ₹17,689 crore of their investments in Fully Accessible Route (FAR) government securities since the beginning of the conflict in the Middle East, reflecting heightened risk aversion among global investors and growing concerns over...
bond yields
ccil
crude oil prices
debt market
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financial markets
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hdfcbank
india
indian economy
inflation
interest rates
investment outflows
middle east conflict
New Delhi, April 1 A Delhi court has sought the intervention of the Deputy Commissioner of Police (West) after expressing concern over inconsistencies in the police's version regarding the alleged illegal detention of an accused subcontractor in the Janakpuri biker-death case.The case pertains...
Chennai, March 31 Aadhav Arjuna, the general secretary of TVK, led by actor-politician Vijay, has declared movable and immovable assets worth Rs 197.52 crore, according to an affidavit filed with his nomination papers for the April 23 Assembly elections.Arjuna is contesting in the Villivakkam...
Mumbai, March 30 The reasons for his resignation were the mis-selling of AT-1 bonds, which led to criticism from regulators, and the under-performance of HDFC Bank, the country's largest private sector lender, according to former chairman Atanu Chakraborty on Monday.He said that personal...
Jodhpur, March 30 In a significant ruling on the scope of police powers during financial investigations, the Jodhpur bench of the Rajasthan High Court has held that banks cannot impose a blanket freeze on accounts at the behest of investigating agencies.The court stated that any restriction...