HDFC is raising $1.8 billion to help it make acquisitions in areas ranging from lending to insuranceKeki Mistry expects demand in the housing market to be back to normal by the end of March 2021
1 min read23 Jun 2020Non-individual category largely responsible for the marginal rise in gross NPAs to 1.22%, from 1.13% in earlier quarterThe mortgage lender’s cautious approach comes in the backdrop of the ongoing liquidity-related concerns in the industry
1 min read30 Jan 2019HDFC raised ₹500 crore via a sale of five-year 8.75% notes, higher than the coupon of 6.73% offered when it previously sold masala debt a year ago
1 min read20 Nov 2018HDFC, which will be a sponsor to the special situations fund, is in talks with investors to raise capital through the alternative investment fund (AIF) route
2 min read20 Aug 2018J.J. Irani and Keki Mistry too got reappointment as directors to HDFC’s board with more favourable votes
1 min read31 Jul 2018HDFC chairman Deepak Parekh boards of respective companies will look at both internal and external candidates to fill positions
2 min read4 Jul 2018HDFC raised Rs3,000 crore on 14 July via the ’masala’ bond, an offshore-traded, rupee-denominated issue
2 min read2 Aug 2016Following the reduction, the effective home loan rate for new customers would be 9.65% per annum
1 min read6 Oct 2015The HDFC vice-chairman’s investment mantra: when you are young invest more in equity. As you get older keep a certain proportion of your investment in fixed income instruments
3 min read28 Sep 2015With an economic recovery in the works, the corporate loan book should pick up further, which should help margins and fees
1 min read23 Oct 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared