HDFC Bank to Replace HDFC Ltd on Global Indices
As per an MSCI notice released on Friday, Housing Development Finance Corporation (HDFC) Ltd will be replaced by HDFC Bank on July 13, following the...
Tag : HDFC Ltd
JSW Steel’s Stock to Rise; Set to Replace HDFC in Sensex
JSW Steel will replace Housing Development Finance Corporation (HDFC) in BSE Sensex, effective July 13. This comes following the competition of the mega-merger of HDFC...
HDFC Sells 90% Stake in Credila for Rs 9,060 Crore to Baring PE and ChrysCapital
Housing Development Finance Corp Ltd (HDFC) on June 19 announced that it sold 90% of its total stake in its subsidiary HDFC Credila Financial Services...
ITC Becomes 6th Largest Company by Market Cap, Overtakes Infosys After HDFC
ITC, the sixth-largest weighted stock on the Nifty50, briefly overtook the market capitalisation of Infosys on Tuesday to become the country’s sixth-largest company. The cigarette...
RBI Clarifies Terms of HDFC-HDFC Bank Merger
On Friday, HDFC Bank told the exchanges that it had obtained clarifications from the Reserve Bank of India on its merger with HDFC. The explanations...
ITC Becomes 11th Indian Company to Cross Rs 5 Trillion Market Capitalisation
Cigarette-to-hotel conglomerate ITC Ltd has become the 11th listed Indian company with a market cap of more than Rs 5 trillion after its shares soared...
Loans to Get More Expensive as Banks Raise Lending Rates After RBI Hike
Equivalent monthly instalments (EMIs) and borrowing costs will become more expensive as major Indian banks raise lending rates or after the RBI hikes its key...
HDFC Ltd Secures $1.1 billion Syndicated Social Loan for Affordable Housing
HDFC Ltd reported that it had completed a USD 1.1 billion syndicated social loan facility for financing affordable housing projects in the country at a...
HDFC Sells 10% Stake in HDFC Capital Advisors to ADIA For Rs 1.84 Crore
Mortgage lender, HDFC Ltd has entered into a binding agreement to sell a 10 per cent stake in HDFC Capital Advisors Ltd to a wholly-owned...
HDFC Bank And Mortgage Lender HDFC Ltd Plans to Merge
On Monday, HDFC Bank will merge with housing finance firm HDFC Ltd, the companies said. As part of the deal, shareholders of HDFC Ltd will...