Stock Market MF News

  Due to its consistent financial performance, sound corporate governance, dominant market position, and potential for long-term growth, HDFC Bank is among the most well-liked firms in mutual fund portfolios in India. As of December 2025, HDFC Bank had the greatest equity holding in over 1,400 mutual fund schemes, with total mutual fund ownership exceeding ₹2.8 lakh crore (about $34 billion), according to data from Morningstar and ACE MF. With total mutual fund holdings of around ₹1.2 lakh crore, or 3.2% of all equity assets under management (AUM) across Indian funds, HDFC Bank was the largest stock holding for 62% of large-cap mutual funds as of Q3 FY25, according to AMFI statistics. With a market valuation of over ₹15 lakh crore, it is the biggest private sector bank in India and therefore cannot be disregarded by fund managers. Key Reasons for High Allocation Market Leadership: Based on assets and market capitalisation (₹12.5 lakh crore as of early 2026), HDFC Bank is the bigges...

  A Zero Balance Savings Account is a type of account in which the investor is not required to maintain a minimum balance. The consumer will not have to pay any fee in these accounts and there is no fear of being deactivated. But Zero Balance Savings Account is much better, in which the consumer gets more interest and all other banking facilities. Today we will tell you about the zero balance account of the top 5 banks in which you will get better interest. If you do not have a bank account or if you want to open another account, then look at these bank accounts.   IDFC First Bank First Savings Account: This bank is a good option for new account holders, as the interest rate is high. The consumer gets all the facilities for free in Zero Balance Saving Account of IDFC First Bank. At this time interest on this bank's zero balance account is 6 to 7 per cent. the consumer can open your account at any nearest branch with all the necessary documents.   SBI Basic Saving...

  America's Rosen Law Firm is set to sue India's private sector giant HDFC Bank. The US company may file a lawsuit against the private bank for allegedly misleading investors. Rosen Law Firm said on Monday that it plans to investigate potential claims related to securities against HDFC Bank. In this context, HDFC Bank says that it is not aware of the case and prima facie it seems to be a mild matter as the bank believes that it is transparent in making the information public. After this news, the value of HDFC Bank's American Depository Receipt (ADR) share lost 2.83 per cent. The bank's ADRs are listed on the New York Stock Exchange (NYSE).   On a global level, the legal company has issued a statement on its website saying, "Rosen Law Firm is set to file securities-related litigation on behalf of HDFC shareholders". Rosen Law Firm wrote quoting media reports related to the allegedly unfair practice of the business, that the bank's profit in the first q...

  The Reserve Bank has approved the name of Shashidhar Jagadishan as the successor of Aditya Puri, CEO and Managing Director of HDFC Bank, the country's largest private bank. Jagadishan is currently working as the bank's 'change agent' and head of the finance department. He has been associated with the bank since 1996. With Jagdishan's appointment, all the speculation about Puri's successor has come to an end. There was a lot of curiosity in the entire banking industry and the business world as to who would replace Puri taking HDFC Bank to new heights.   HDFC Bank said on Tuesday that the Reserve Bank has approved the appointment of Jagadishan to the post of CEO and MD of the bank for three years. His appointment is effective for three years from October 27, 2020. Puri's term ends on October 26, 2020. He was the first seeded candidate of the bank's board. The bank has informed the stock markets that a meeting of the board of the bank will be called t...

HDFC Bank MD Aditya Puri was the highest-paid banker in the last financial year. He received Rs 18.92 crore. Last year, his salary and allowances increased by 38 per cent. Puri also earned an additional Rs 161.56 crore from stock options in the last financial year, according to the bank's annual report. Puri has made HDFC Bank the largest private bank in the country in terms of assets for more than 25 years. HDFC Bank also became the most valuable bank for investors during this period. Puri is going to retire in October this year after turning 70. According to the bank's annual report, group head and change agent Shashidhar Jagdishan received a salary of Rs 2.91 crore in the last financial year. According to reports, he is also among those selected as a possible plea for Puri. Sandeep Bakshi, MD and CEO of the second-largest private bank ICICI Bank, grossed Rs 6.31 crore in the last financial year. Bakshi took the position in October 2018. According to the bank...

The country's largest bank SBI has reduced the interest rate on Fixed Deposit (FD) this month. The bank has cut the interest rate on FD of different duration from 0.10 per cent to 0.50 per cent for less than two crore rupees. These fresh rates announced by the State Bank became effective from March 10, 2020. After the recent revision, the bank will now pay interest at the rate of 4%, 5% on FD of seven days to 45 days, 46 days to 179 days. At the same time, interest on FD of less than one year from 180 days is getting interest of 5.50%. The FD for a period of one year to ten years is getting interest at the rate of 5.90%. Senior citizens get 0.50 per cent more interest than ordinary people. Banks fix their FD rates based on the repo rate and other benchmark rates set by the Monetary Policy Committee of Reserve Bank of India (RBI). Top banks like SBI, HDFC Bank and ICICI Bank offer FDs ranging from seven days to 10 years. In such a situation, if you are thinking of ...