The merger of mortgage firm HDFC Ltd with its progeny HDFC Bank, the biggest merger in India’s corporate history, signals consolidation in the private banking and NBFC space and also demonstrates the success of regulatory changes over the past few years. It is a win-win situation as the combined and bigger balance sheet also means […]
HDFC acquired shares of the Anil Ambani controlled engineering and construction major on account of invocation of pledge through Axis Trustee Services Ltd.
New Delhi: Mortgage lender HDFC Ltd on Wednesday said it will raise up to Rs 5,000 crore by issuing non convertible debentures (NCDs) on a private placement basis. The issue will open on March 5, 2021 and close the same day, HDFC said in a regulatory filing. The base size of the issue of secured […]
The company's total income (consolidated basis) rose to Rs 39,267.59 crore during the third quarter as against Rs 29,073.19 crore in the same period of 2019-20, HDFC Ltd said in a regulatory filing.
Total financial indebtedness of the listed entity, including short-term and long-term debt and accrued interest, was Rs 20,379.71 crore at the end of December 2020,