HDFC Bank Archives - indiabusinessview

HDFC Bank battles slowdown; fee income and cost control aid profit growth

July 14, 2009August 20, 2014Editor

HDFC Bank’s first quarter results at first seem to suggest all is well; with its net profit growing by 30.5% to Rs 606.1 crore. A closer look reveals that the bank’s core business is suffering from the after effects of the economic slowdown.

HDFC Bank settles with Sebi in IPO case

December 26, 2008August 20, 2014Editor

Sebi has issued a consent order, accepting HDFC Bank’s application to settle the case filed against it in the IPO scam. It has paid Rs 1 lakh as part of the consent procedure. The Sebi order says that it had launched an investigation into share dealings in shares issued through IPOs during 2003-05.