HDFC Bank Authorized to Offer Deposits Under Capital Gains Accounts Scheme
HDFC Bank has received government approval to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. This scheme allows taxpayers to deposit unutilised capital gains from assets like property into savings accounts or fixed deposits for up to three years, earning interest while retaining eligibility for tax exemptions. The facility is available at the bank's urban and semi-urban branches, excluding rural areas. Following the announcement, HDFC Bank's shares rose over 3% in early trading.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (55/100). Lens Score 43/100.
Outlets measured: news18, economictimes, freepressjournal. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–65/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
freepressjournal broke this story on 4 Nov, 12:20 pm. Other outlets followed.