A basis point is one-hundredth of a percentage point. So, a 5 bps cut translates into a 0.05% reduction in the lending rate.

HDFC Bank Lowers MCLR Rates, Bringing Relief to Millions of Borrowers In a welcome move for borrowers, HDFC Bank, India’s ...

HDFC Mutual Fund raised its stake in logistics company Blue Dart to above 5%, according to a filing shared with the exchanges ...

The International Finance Corporation (IFC) has invested $150 million in the H-DREAM Fund, managed by HDFC Capital, to ...

SBI, HDFC Bank, Axis Bank, and Kotak Mahindra Bank reported mixed Q1 FY26 results. While SBI showed strong profit and asset quality, it lagged peers in return on assets. Private banks faced NIM ...

Although the returns of the last 3 years can indicate the performance of a fund, it is not a right strategy to base only the ...

Deep losses in market heavyweights Reliance Industries, HDFC Bank and Bharti Airtel also added pressure on equities ...

In a strategic move to advance green affordable housing and expand access to sustainable financing for property developers in ...

Digital scams, particularly the HDFC Bank APK fraud, are increasingly prevalent in India. Scammers create fake versions of ...

HDFC Capital, a subsidiary of HDFC Bank, will manage the Fund, which has a target corpus of $1 billion ($500 million, with a ...

Techie working in Pune shares the strategy using which he earned Rs 2 lakh worth of credit card points using these two HDFC ...

Many banks are expected to revise their FD rates in the coming days, following the RBI’s decision to keep the repo rate ...