SBI vs PNB vs HDFC Bank vs Yes Bank: HDFC Bank has changed its savings account interest rate and new rates have become effective from 2nd February 2022

HDFC Bank Outlook for the Week (Feb 21, 2022 – Feb 25, 2022)

05:38am, Saturday, 19'th Feb 2022 EquityPandit
HDFCBANK Weekly Outlook and Analysis: For the Week: (Feb 21, 2022 – Feb 25, 2022) BSE: 500180| NSE: HDFCBANK| ISIN: INE040A01026| SECTOR: BANKS HDFC Bank Share Price: 1512.35 (NSE) HDFC Bank closed the Week on Flat Note Weekly High: 1534.75 Weekly Low: 1469.30 Weekly Range: 60.45 Points Weekly Support &… The post HDFC Bank Outlook for the Week (Feb 21, 2022 – Feb 25, 2022) appeared first on Equitypandit .

Rupee spurts by 40 paise to over two-week high against US dollar

06:05pm, Friday, 18'th Feb 2022 Business Standard
The rupee spurted by 40 paise, its biggest single-day gain in over three months, to settle at a more than two-week high of 74.66 against the US dollar on Friday on hopes of a diplomatic solution to the East-West standoff over Ukraine. A fall in crude oil prices also supported the local currency, analysts said. At the interbank forex market, the local unit opened at 75.03 against the greenback and witnessed an intra-day high of 74.60 and a low of 75.05. The rupee settled at 74.66, registering a rise of 40 paise or 0.53 per cent over its previous close of 75.06. The rupee had closed the session on Thursday at 75.11 (provisionally) but later settled at 75.06. The proposed US-Russia talks spurred optimism about the volatile geopolitical situation in Ukraine, said Dilip Parmar, Research Analyst, HDFC Securities. "Rupee recouped previous week and most of the current month losses amid long unwinding in dollar, lower crude oil prices and expectation of dollar inflows from LIC IPO," Parmar

HDFC Bank non-executive director Srikanth Nadhamuni resigns from board

03:32pm, Friday, 18'th Feb 2022 Business Standard
HDFC Bank on Friday said Srikanth Nadhamuni has resigned as a director from its board, citing potential future interests.
Nadhamuni cited potential future transactions which may materialise between the HDFC Bank and a company in which Nadhamuni may be interested

HDFC Bank Limited - Resignation

02:10pm, Friday, 18'th Feb 2022 NSEIndia
HDFC Bank Limited has informed the Exchange regarding Resignation of Mr Srikanth Nadhamuni as Non- Execut of the company w.e.f. February 18, 2022…....

RBI approves Pralay Mondal as CSB Bank''s DMD

12:53pm, Friday, 18'th Feb 2022 Economic Times India
CSB Bank has appointed Pralay Mondal as its deputy managing director following Reserve Bank of India''s approval for the same.His appointment comes into effect from Thursday for a period of three years.Last year in June, the Kerala-headquartered private sector lender had announced Mondal''s name as DMD subject to RBI''s approval.Mondal, who has three decades of banking experience with several top lenders such as Axis Bank, HDFC Bank and YES Bank, has been with CSB since September 23, 2020 as president (retail, SME, operations and IT).The regulatory approval comes barely one-and-a-half months before managing director CVR Rajendran retires on March 31. Rajendran has decided to take early retirement on health grounds. His term was set to end on December 8, this year.
The stock price of Marico has broken out from the flag pattern on the daily chart
After State Bank of India (SBI), India’s largest private lender HDFC Bank has hiked interest rates on fixed deposits less than Rs 2 crores by 5-10 basis points across multiple tenors.

HDFC Bank Hikes Interest Rates On FDs Across Multiple Tenors

06:22am, Thursday, 17'th Feb 2022 Goodreturns
The private sector lender HDFC Bank has increased interest rates across multiple tenors of fixed deposits of less than Rs 2 Cr and the new rates are effective as of 14th February 2022. Previously, the bank offered a 4.90 percent interest
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Gold rate today: Yellow metal slips marginally; silver holds Rs 63,000-mark

04:17am, Thursday, 17'th Feb 2022 Economic Times India
"We expect gold prices to trade sideways to up for the day with COMEX Spot gold support at $1,850 and resistance at $1,890 per ounce. MCX Gold April futures support lies at Rs 49,300 and resistance at Rs 49,900 per 10 gram," Tapan Patel, Senior Analyst (Commodities), HDFC Securities.
HDFC Bank has recently hiked the interest rates on FDs worth less than Rs 2 crore. The new rates will be applicable from February 14. Details here
Let''s take a look at the FD rates of SBI and HDFC Bank across various tenors
Bank Customer Alert: According to the HDFC bank, the rates on deposits with a tenure of 3-5 years has been increased by 5 basis points to 5.45%. The FD rate on deposits with 5-10 year tenure currently is 5.60%.
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