Banks in Kerala told to switch back to restricted working hours

Vinson Kurian The State-Level Bankers’ Committee (SLBC), Kerala, has reviewed its earlier circular on business hours and staff strength after the Stat

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HDFC Bank bucks trend, reports 7.41% rise in deposits in March-quarter

The largest private sector lender has reported a 7.41 per cent increase in aggregate deposits during the January-March period to Rs 11.46 lakh crore, which was 24 per cent higher as compared to March 31 last year.

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HDFC Bank reports 7.41 per cent rise in deposits in March qtr

HDFC Bank has bucked what was emerging as a trend of private sector lenders facing a fall in deposit base during the March quarter. The largest pri

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HDFC Bank bucks trend, reports 7.41% rise in deposits in March-quarter

HDFC Bank said its advances have risen by around 21 per cent to Rs 9.93 lakh crore as of March 31 and have grown by over 6 per cent for the March quarter as compared to December-end.

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India reassures banks of capital infusion: Sources

New Delhi may need to make a provision of at least 200-250 billion rupees ($5.90 billion) for capital infusion in state-run banks. However, this number can increase significantly as the situation evolves, the officials said.

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