HDFC Bank sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory...
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HDFC Bank has sold a housing loan portfolio of Rs 6,000 crore to several state-controlled banks and car loans worth Rs 9,060 crore via pass-through certificates. This strategic move aims to improve the bank's credit-to-deposit ratio, which has declined as credit growth outstripped deposit growth in recent years.
HDFC Bank sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory...
PNB Elevates Staggering Capital in Crores PNB said in a statement that the bank allocated about 48.19 crore equity shares at a price of ₹103.75 per...
HDFC Bank's loyalty program for select credit cards will change on October 1. Redemption of reward points for Apple products will be limited to one...
Republic Bank has scaled up its commercial loan offerings, aimed at providing greater financial support to businesses of all sizes. In a media...
Implementing long-term fundraising plans as the Anil Ambani owned companies recently announced debt to nearly zero. After insolvency and major...
"Mend fences with India and maintain ties with China to revive Maldives' economy and protect its independence." The Maldivian economy is going...
RBI has lifted the restrictions on IIFL Finance's gold loan operations, effective immediately. These restrictions were placed in March due to...
Vodafone Idea has awarded contracts worth Rs 30,000 crore to Nokia, Ericsson, and Samsung for network equipment over the next three years. This move...
Membership for the HDFC Bank Infinia Credit Card is available by invitation only.
There was a significant improvement in Banks and Specialised Deposit Taking Institutions (SDIs’) compliance with the Credit Reporting Act 2007, (Act...