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HDFC Bank gets RBI nod to hold commercial papers by HDFC till maturity

The Morning Standard

|

June 18, 2023

The private lender, on April 20, had sought clarification about commercial papers in light of its planned merger with the mortgage lender.

HDFC Bank gets RBI nod to hold commercial papers by HDFC till maturity

The Reserve Bank of India (RBI) has allowed HDFC Bank to hold commercial papers issued by HDFC Ltd. The central bank asked the lender to not roll over or re-issue commercial papers issued by HDFC after the effective merger date.

The Morning Standard से और कहानियाँ

The Morning Standard

Flavour Factory

In 2018, Raipur brothers Akash and Ashish Agrawalla founded ZOFF Foods—short for “Zone of Fresh Foods”—with a bold idea: revive the forgotten aroma of Indian spices using zero-human-touch processing and cool grinding technology. Early skeptics were silenced when a Delhi retailer toured their fully automated, dust-free plant and came away impressed. ZOFF now employs a workforce that is 70 per cent from Chhattisgarh, with senior leaders choosing Raipur over metro cities. Its spices travel far beyond the state, reaching homes across India and even the Middle East. Running a business from a Tier II city, CEO Akash admits, has its hurdles—limited packaging vendors, testing labs, and slower freight timelines—but the benefits are clear: lower costs, access to fresh raw materials, and a community that celebrates their growth as its own.

time to read

1 min

September 28, 2025

The Morning Standard

Matcha Made in Heaven

Once part of ancient Japanese tea rituals, matcha is moving beyond the cafeteria and finding its place in modern kitchens and bars

time to read

2 mins

September 28, 2025

The Morning Standard

The Morning Standard

Better Safe than Worry

'Job-hugging' or people holding on to their jobs fearing an uncertain market, is the latest workplace trend

time to read

3 mins

September 28, 2025

The Morning Standard

The Morning Standard

Messiahs, Mafia, and Monk in Bihar Power War

Bihar’s ballot is less an election and more a tragicomedy. The cast?

time to read

3 mins

September 28, 2025

The Morning Standard

The Morning Standard

CROWNING THE MAGICIAN

MOHANLAL’S acceptance speech after receiving this year’s prestigious Dadasaheb Phalke award, India’s highest award in cinema, culminated with the lines—’Ente athmavinte spandhanam aanu cinema”, which translates to “Cinema is the heartbeat of my soul.”

time to read

2 mins

September 28, 2025

The Morning Standard

The Morning Standard

36 killed in Vijay rally stampede

AT LEAST 8 KIDS, 16 WOMEN AMONG VICTIMS IN KARUR

time to read

1 mins

September 28, 2025

The Morning Standard

The Morning Standard

WeWork public issue likely in the first week of October

FLEXIBLE workspace pioneer Wework India Management, which leads the segment in terms of revenue, is set to launch its initial public offering (IPO) in the first week of October. The company is planning to mop-up around Rs 3,000 crore. It received the final approval for the IPO in July.

time to read

1 min

September 28, 2025

The Morning Standard

Three of family held with 3,500 kg illegal firecrackers

THE Delhi Police has arrested three members of a family for allegedly stocking and repackaging illegal firecrackers for sale ahead of the festive season.

time to read

1 mins

September 28, 2025

The Morning Standard

Small Town, Big Deal

How CEOs from small-town India are quietly rewriting the startup playbook

time to read

3 mins

September 28, 2025

The Morning Standard

His Opening Act

Lakshya Lalwani speaks about his latest show, The Ba***ds of Bollywood, and why he doesn't play by the newcomer script

time to read

2 mins

September 28, 2025

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