Tag Archives: HDFC

HDFC targets ₹ 8,000 cr to bolster capital reserves

[ad_1] Housing Development Finance Corp. Ltd (HDFC) plans to raise as much as ₹Rs 8 billion to bolster its capital reserves and prepare for future uncertainties amid widespread economic disruptions from the covid-19 outbreak, four people familiar with the development said. India’s leading mortgage lender has begun talks with various …

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China’s central bank increases stake in India’s HDFC

[ad_1] The People’s Bank of China increased its stake in Housing Development Finance Corp Ltd (HDFC.NS) to 1.01% from 0.8%, said the Indian lender. The Chinese national flag flies at half-staff at the headquarters of the People’s Bank of China, the central bank (PBOC), as China celebrates a national mourning …

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