WebNov 30, 2024 · HDFC Bank: 9.90% p.a. Bajaj Finserv: 10.00% p.a. Tata Capital: 10.50% p.a. Federal Bank: 12.50% p.a. Additional Lenders offering LAS. Additional Leading Banks/NBFCs offering LAS at competitive interest rates include ICICI Bank, Yes Bank, IndusInd Bank, Bank of Baroda, Standard Chartered, IIFL Finance, Fullerton India and many more. WebBanks are registered under the RBI Banking Act, 1956, while NBFCs are registered under the Companies Act, 1956 Banks can accept and lend deposits while NBFCs cannot Banks are mandated to maintain a CRR (Cash Reserve Ratio), a percentage of funds, with the Reserve Bank of India whereas NBFCs are not mandated to do this

HDFC Bank revives IPO plans of NBFC arm, looking to bring in …

WebNov 13, 2024 · Coming to largest private lender HDFC Bank, it gives 7.30% to normal and 7.80% to senior citizen for tenure of 1 years and till 2 years. The highest interest rate given by the bank would be 7.40% to normal ones and 7.90% for a tenure of 2 years to 3 years. WebIs HDFC a bank or NBFC? HDFC is an Indian financial services company. HDFC is the parent company of HDFC Bank. The NBFC arm of HDFC is HDB Financial Services. By assets and … lawrence okolie knocked out by savon

HDFC-HDFC Bank merger: Harmonisation of bank-NBFC rules …

Web9 hours ago · According to the agency, the only silver lining is the exit of the largest NBFC, the mortgage major HDFC, with its soon-to-be-completed merger with HDFC Bank as its exposure will move out from the classification under NBFCs. Banks' exposure to HDFC is a whopping Rs 1.5 lakh crore, which is around 11.4 per cent of the banking sector's total ... WebHDFC Bank Limited (also known as HDB) is an Indian banking and financial services company headquartered in Mumbai.It is India's largest private sector bank by assets and world's 10th largest bank by market capitalisation as of April 2024. It is the third largest company by market capitalisation of $127.16 billion on the Indian stock exchanges. It is … lawrence of kemnay used cars