HDFC

Satyam In Damage Control

The restoration of confidence in any enterprise is a long drawn process. For the people in charge of the Satyam situation the restoration of confidence is priority number one.Satyam Computers is a story that goes beyond just a Multi Crore Rupee fraud. Satyam is the company many consider to be the earliest forerunners of India’s outsourcing phenomenon. As the man who founded it and may have caused its immediate downfall Ramalinga Raju languishes in jail, the government and India’s regulators are in damage control mode.

Home loan players in India offering festival discounts

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By Vipin Agnihotri

In my opinion, there is a lull in the home loan interest rate market in India with plenty of banks and housing finance companies announcing festive offers with lower interest rates for new borrowers.

This Week’s Hot Stock: HDFC

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Sundaramurthy Vadivelu

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HDFC Bank to go Rural

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By Vipin Agnihotri

HDFC is chartering an aggressive expansion plan to leave footprints in all districts in the most populous state of the country, Uttar Pradesh in a phased manner. The bank is all set to come up with hub and spoke model to reach out to its prospective rural clients. Neena Singh, executive vice president of the bank pointed this out in an exclusive chat to The India Street.

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