HDFC sells $717 million of home loans to reduce credit book
HDFC Bank sells ₹15,060 crore loan assets amid regulatory pressures
HDFC Bank has sold a housing loan portfolio worth ₹6,000 crore and car loans valued at ₹9,060 crore. The move is part of the bank's strategy to reduce its credit load amid regulatory pressures on the industry.
HDFC Bank sells home loans worth $717 million to ease credit load
Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry.
HDFC Bank sells $717 million of home loans to reduce credit book
The buyers who subscribed to the pass-through certificates, backed by HDFC’s car loans, included ICICI Prudential AMC, Nippon Life India Asset Management Ltd
HDFC Bank sells Rs 6,000 crore home loans
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 ce
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Business News LIVE Updates Today September 27, 2024: HDFC sells $717 million of home loans to reduce credit book
HDFC Bank sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory pressures Read more news like this on HindustanTimes.com
HDFC sells nearly $717 million of home loans to reduce credit book
HDFC also sold a 50 billion rupee loan portfolio. Its credit-deposit ratio stood at 104% at the end of March, higher than the 85% to 88% rate in the previous three fiscal years
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