Mumbai: HDFC Ltd has announced the completion of the USD 1.1 billion Syndicated Social Loan Facility for the financing of affordable housing in India. The loan has been priced 90 basis points over Secured Overnight Financing Rate (SOFR). “Affordable housing is a critical component of quality infrastructure as also a growth driver for the real […]
Mumbai: India’s largest private lender HDFC Bank on Monday agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan in the largest deal in the country’s corporate history. The proposed entity will have a combined asset base of around Rs 18 lakh […]
