Sensex Recovers 850 Points From Day’s Low, Snaps Two Day Losing Streak

The equity benchmarks staged a strong recovery from intraday lows and snapped their two-day losing streak as late buying in Reliance Industries, HDFC Bank, Bajaj Finance, Hindustan Unilever and Infosys helped negate selling pressure in State Bank of India, Mahindra & Mahindra, NTPC and ONGC. The Sensex…

Armed men loot Rs 1.19 crore from HDFC branch in Bihar in broad daylight

In a major heist in broad daylight, a gang of five looted Rs 1.19 crore from a branch of HDFC Jaduha in Bihar’s Hajipur on Thursday morning. Armed robbers struck at a private bank in Bihar’s Hajipur in broad daylight on Thursday and ran away with Rs 1.19 crore from the Jaduha branch, police said. The incident…

RBI slaps Rs 10 crore penalty on HDFC Bank over irregularities in auto loan biz

The RBI said it levied the penalty on HDFC Bank for contraventions of certain provisions of the Banking Regulation Act, 1949. Press Trust of India MumbaiMay 28, 2021UPDATED: May 28, 2021 22:06 IST HDFC Bank (File photo) HIGHLIGHTS The penalty has been imposed after examining a complaint by a whistleblower…