HDFC Bank aims 10-fold growth in merchant segment in 3 years to 20 million

MUMBAI: HDFC Bank is targeting a ten-time increase in the number of small merchants it serves to 20 million in the next three years, sources at the largest private sector lender have said. The bank started targeting merchants about 18 months ago with solutions on accepting payments, providing value-added services …

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Stocks to Watch: SBI, GMM Pfaudler, Manappuram Finance, Muthoot Finance, M&M

NEW DELHI : Here’s a list of top ten stocks that may be in news on Tuesday: State Bank of India: The country’s largest lender has raised ₹7,000 crore by issuing Basel III compliant bonds. “The Committee of Directors for Capital Raising at its meeting of held today on September …

Read moreStocks to Watch: SBI, GMM Pfaudler, Manappuram Finance, Muthoot Finance, M&M

HDFC Bank denies charges by US law firm; to defend vigorously in lawsuit

MUMBAI: Largest private sector lender HDFC Bank on Monday denied the allegations of misleading claims levelled by a US-based law firm to seek damages in a class action suit. The bank vowed to defend itself “vigorously” in the lawsuit and added that the response to the lawsuit will be ready …

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HDFC Bank denies allegations in US lawsuit, response likely due early 2021

Mumbai: HDFC Bank Ltd on Monday said it is aware of a complaint filed against the bank and its three employees in the United States recently, but denies the allegations and intends to “defend itself vigorously”. The bank expects its response to the lawsuit to be due in early 2021, …

Read moreHDFC Bank denies allegations in US lawsuit, response likely due early 2021