The scheme will be applicable to all new loan applications irrespective of the loan amount of the employment category
HDFC Bank head for retail assets Arvind Kapil stated that uncertainty is declining and demand improving as businesses seek to bolster growth
The alliance will target deeper penetration in Tier II and Tier III markets, and enable faster acceleration of digitised payments across the country.
Tata Steel was the top loser in the Sensex pack, shedding over 5 per cent, followed by Bajaj Auto, IndusInd Bank, M&M, Axis Bank and HDFC.
On September 17, benchmark indices ended lower after scaling record highs as investors booked profits at higher levels.
Among BSE sectoral indices, BSE bankex was the top gainer (pointwise), zooming 3.46% or 1,447 points to 43,262 during the last five trading sessions
From the top-10 list, Reliance Industries Limited, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank and Bajaj Finance were the laggards, whose cumulative erosion was at Rs 43,746.79 crore
Sensex closed 125.27 points lower at 59,015 and Nifty slipped 44.35 points to 17,585
Kotak Mahindra Bank recently slashed its home loan interest rates from 6.65% to 6.5% as a festive season offer. Other banks are expected to follow Kotak Mahindra Bank's footsteps as well
On September 13, the benchmark indices closed lower led by losses in index heavyweights Reliance Industries, ICICI Bank and HDFC Bank
On September 13, benchmark indices closed lower led by losses in index heavyweights Reliance Industries, ICICI Bank and HDFC Bank
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