HDFC gets bourses' approval for transfer of NCDs to HDFC Bank; shares rise
Following the development, shares of HDFC on Thursday surged 0.31% to hit an intraday high of ₹2,770 apiece on the Bombay Stock Exchange.
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HDFC raises $1.1 bn ‘social loan’ via ECBs
HDFC says the proceeds would go towards financing affordable housing loans; facility priced at a margin of 90 bps over a secured overnight financing rate
HDFC to sell 10% stake in HDFC Capital to Abu Dhabi fund
Post the stake sale announcement, HDFC shares were trading higher after three days of consecutive falls. Its m-cap also rose to ₹3.9 lakh crore.
Housing finance giant HDFC to merge with HDFC Bank
Shareholders of HDFC will receive 42 shares of HDFC Bank for 25 shares held in HDFC.
‘Developers must compromise on prices’
HDFC Ltd chairman Deepak Parekh in a webinar on Tuesday urged real estate developers to sell off their unsold inventory and focus on completing pending projects, rather than new launches.
HDFC Bank to finalise Puri’s successor by July
HDFC Bank informed analysts in a management call that it had shortlisted global and internal candidates to take over from managing director Aditya Puri whose tenure ends in October.
