HDFC Bank

Accordingly, the report cited secular growth, asset-light models, India's huge demand-supply gap, rising health insurance penetration, high out-of-pocket spending, increase in medical tourism as compelling growth prospects for the industry.

The change came into effect on March 30. The housing finance major is offering an annual interest rate of 6.2 per cent on special fixed deposits up to Rs 2 crore and maturing in 33 months.

During a meeting in Hyderabad on Tuesday, the United Forum of Bank Unions also decided to hold a day long 'Dharna' (protest) in all state capitals on February 19 followed by relay 'dharnas' from February 20 to March 10 in all states, districts and towns.

SmartUp grants by HDFC Bank under #Parivartan --the bank's umbrella CSR brand -- is aimed at finding and deploying long-term, sustainable solutions at scale, to address social issues and contribute to the economic and social development of the country, the bank said in a statement.

Last December, the RBI asked HDFC Bank to temporarily stop all launches of the digital business generating activities and sourcing of new credit card customers, after outages in the bank's online facilities or payment utilities occurred over the past 2 years, including the incident in the internet banking and payment system on November 21, due to a power failure in the primary data centre.

A SEBI probe found that the lender had unilaterally invoked securities pledged by BRH to the extent of Rs 158.68 crore and the capital market regulator has thereby directed the bank to deposit an equivalent amount, along with interest from October 14, 2019 till date at the rate of 7 per cent per annum, in a separate interest bearing escrow account, till the issue of settlement of clients' securities is reconciled.

Its shares on the BSE touched an all-time high of Rs 1,503 per share. The bank's stock price, however, is off highs now, and around 12.20 p.m., the scrip was trading Rs 1,483.40, higher by Rs 17.05 or 1.16 per cent from its previous close. On Saturday, the lending major reported an 18.1 per cent increase in standalone net profit for the quarter ended December 31 of FY21 on a year-on-year basis.