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HDFC Bank’s second quarter (Q2) gross advances increased by 7% year-on-year (YoY) and 1.3% quarter-on-quarter (QoQ). As on September 30, 2024, a similar amount was reported at Rs 25.2 million.On average, deposits rose 15.4% year-on-year and 3.1% quarter-on-quarter to Rs 235 billion.HDFC Bank’s total unmanaged deliveries, including loans securitized or sold, stood at Rs 26.34 crore as at end-September 2024. This represents an 8% increase from Rs 24.37 million in September 2023 and a 2.3% increase from Rs 25.75 million in June 2024.Personal loans increased by Rs 33,800 billion and commercial and rural bank loans increased by Rs 38,000 billion…
David Craig and Mike Rader, influential visionaries who have helped shape the North Texas region for more than 40 years, will be inducted into the North Texas Commercial Real Estate Hall of Fame next year. Mr. Craig, founder and CEO of Craig International, and Mr. Rader, president of Prime Rail Interest LLC and Prime 45 Development LLC, will present the 2025 North Texas Commercial Real Estate Award during an event on Wednesday, April 30, 2025. will be inducted into the Hall of Fame. Linda McMahon, CEO of the Dallas Economic Development Corporation (Dallas EDC) and former CEO of the Real…
General Motors (GM) has awarded some General Motors Company (GMC) and Chevrolet vehicle owners a $35 million settlement after a class action lawsuit was filed against the company over defective parts. The JND Legal Affairs Bureau announced on Tuesday that they had agreed to pay the amount.The settlement covers certain 2011-2016 truck models equipped with Duramax diesel 6.6L V8 LML engines that were allegedly equipped with an “unreasonably fragile” high-pressure fuel injection pump known as CP4. . These defective parts were prone to failure and caused “economic harm” to affected vehicle owners through repairs and remedies, according to the complaint.As…
A month before voters cast their votes, the U.S. Bureau of Labor Statistics released a report showing a strong labor market, with rising wages, falling unemployment and adding 254,000 jobs to the economy. A September report from Pew Research found that 81% of registered voters say the economy will be key to their presidential vote this fall. Kitty Richards, senior strategic advisor at the Groundwork Collaborative, a progressive economic policy think tank, said: “Job creation has exceeded expectations, the unemployment rate is the lowest it’s ever been, and wages have significantly outpaced inflation. It continues to grow.” “Although we don’t…
The Trump campaign announced Friday that it is distributing $6.6 million donated by others to a GoFundMe account set up for victims of the July 13 assassination attempt in Butler, Pennsylvania. .”We can confirm that the majority of distribution has occurred or is imminent,” Trump campaign spokesman Brian Hughes said in a text message to The New York Times on Friday.A GoFundMe account organized by the Trump campaign’s national finance director has received 70,300 donations. This far surpassed the original goal of $1 million. Although the Trump campaign did not directly receive the donations, it identified the recipients and oversaw…
Voters in Manhattan Beach, Hermosa Beach and Redondo Beach will decide whether they want property owners to pay a $30 million bond to cover part of the expansion of local public health agencies.The Beach City Health District was proposed to voters in three coastal cities in the Nov. 5 general election to house the All Cove Beach City Mental Health Center and open wellness space for youth ages 12 to 25. They are asking for B.C. legislation to be approved to fund the building. For the whole community.The Los Angeles County Registrar’s Office has begun shipping mail-in ballots and voting…
For immediate release October 4, 2024 NUSD bond refinancing saves taxpayers $1.2 million (Novato, CA)…Novato Unified School District (NUSD) completed the issuance and sale of general obligation debt redemption bonds last summer, resulting in more than $1.2 million in net savings to Novato taxpayers. Due to low bond interest rates, NUSD has determined that it is prudent to retire eligible Series 2014A bonds. The new notes will have the same term as the Series 2014A Notes and are expected to be paid in full in August 2029. The interest rate or true interest cost of the issue was 2.84%. Investor…
California is trying to cut big contracts with home insurers to keep them here. Now you can help shape a compromise to counteract it and alleviate the insurance crisis. The California Department of Insurance is asking the public to weigh in on rising insurance premiums and businesses losing loyal customers. Comments can be submitted to the state until Oct. 17. You may submit your comments by email to CDIRegulations@insurance.ca.gov by that date, or you may submit your comments by email to the address provided here. The state asks that written comments be identified as “Catastrophe Modeling and Evaluation, REG-2023-00010.” “In…
Dustin Rhodes is 55 years old, but he’s still passionate and believes in his work.Rose has been a wrestler since 1988, but recently saw a resurgence in his career. He has won both ROH World Six-Man Tag Team Championships in recent months. His future is somewhat uncertain as his contract with AEW is reportedly coming to an end.Dustin Rhodes commented on his possible retirement in an interview with Texas Monthly.“I always think I can contribute a little bit more because I still have the passion,” Rose said. “I’m 55 years old now and have great matches with my kids. I…
Robotaxis aren’t the only way the basic concept of paying someone to drive you a short distance has been given a high-tech modification. There is also the issue of air taxis. Air taxis are small vehicles that take you anywhere locally and, as a popular fictional scientist said, “no roads needed.”This week, Toyota committed to investing an additional $500 million in Joby Aviation, bringing its total investment in the electric air taxi company to $894 million. The two companies have been working together for almost seven years, and JoeBen Bevirt, founder and CEO of Joby Aviation, had good things to…