EQT closing in on Aavas Financiers, Rs 7,000 cr deal up for grabsBain, CVC Capital also in fray; 51% stake in play in 2nd largest Housing Finance company as current promoters Kedaara & Partners Group seek...
29 Jul, 2024, 06.00 AM IST
HDFC Bank to keep margins at current levelsHDFC Bank MD emphasizes stability over growth, positive outlook for next 2-3 years post-merger. Focus on quality, slow growth strategy. Pla...
22 Apr, 2024, 12.18 AM IST
"...delighted if margins remain at current level": HDFC Bank chief compares banks' transition to construction of coastal road"We will have our day when the proportion of borings comes down. We will have enough momentum in terms of funding, which we can then unleas...
21 Apr, 2024, 04.55 PM IST
HDFC Bank Q4 profit grows 37% but falls short of estimateHDFC Bank's Q4 net profit reached ₹16,510 crore, full-year at ₹60,810 crore, up 38%. Challenges post-merger affect expenses, asset quality,...
21 Apr, 2024, 09.56 AM IST
HDFC Bank Q4 Result Preview: Profit seen rising over 50% YoY; asset quality stableHDFC Bank Q4 Result Preview: HDFC Bank is poised for strong Q1 2024 performance, driven by treasury income gains. Analysts see over 50% YoY...
20 Apr, 2024, 09.08 AM IST
HDFC Credila raises USD 100 mn through ECB route for loan book expansionDBS Bank's IFSC banking unit in Gujarat International Finance Tec-City (GIFT City) said in a statement that it led the syndicated loan. The...
09 Apr, 2024, 05.24 PM IST
HDFC Bank closes Rs 9,552 cr stake sale in HDFC CredilaHDFC Bank announced the completion of selling its stake in HDFC Credila, its education finance arm, for Rs 9,552.73 crore to private equity...
20 Mar, 2024, 10.03 AM IST
RBI approves HDFC Bank's 90% stake sale in HDFC Credila to ChrysCapital and BPEA EQTHDFC Bank received RBI approval to sell 90% stake in HDFC Credila, boosting Q4 income. The sale was approved by RBI and CCI. Details of cre...
25 Feb, 2024, 06.25 PM IST
Insurance regulator approves transfer of HDFC Life shares to HDFC BankEarlier this week, the Competition Commission of India had approved HDFC Limited (one of the promoters of the Company) to increase its stak...
23 Jun, 2023, 09.30 PM IST
Baring EQT, ChrysCap buy HDFC’s Credila for Rs 10,350 crET first reported on May 29 that BPEA EQT was set to acquire the education loans business from HDFC group. ET reported that the buyout fund...
19 Jun, 2023, 11.24 PM IST
HDFC's education finance arm bondholders fret over stake sale -sourcesHDFC Credila Financial Services bondholders are concerned about potential write-downs after the company's ownership transfer from its AAA-r...
30 May, 2023, 11.22 AM IST
Baring EQT set to buy HDFC's education loan arm Credila for up to $1.5 billionThe buyout fund will be buying 90% of the company, with the housing finance company retaining a 10% stake that it may sell over a two-year ...
29 May, 2023, 06.05 AM IST
HDFC kick-starts $1 billion Credila sale by picking Jefferies as adviser: ReportIndia's biggest mortgage financier, Housing Development Finance Corp (HDFC), has chosen Jefferies Financial Group to manage the sale of HDF...
02 May, 2023, 11.21 AM IST
HDB Financial Services loses half its market value in a year"The shares of HDB Financial have fallen nearly 50% from the peak of ₹1,200 hit in the early half of 2020; this is largely due to the laggi...
04 Jul, 2022, 06.41 AM IST
Warburg Pincus buys 80% stake in Avanse FinancialThe rest 20 per cent stake is held by International Finance Corporation.
16 Mar, 2019, 02.46 PM IST
Wadhawan Global in talks to sell edu fin arm AvanseWarburg Pincus, Kedaara Partners, CX Partners, PremjiInvest and Centrum Capital are in discussions to acquire the 80% stake in Avanse.
26 Feb, 2019, 08.11 AM IST
HDFC board okays raising Rs 13,000 crore via 5% stake saleHDFC plans to get into health insurance either in partnership with HDFC Ergo or via acquisitions.
20 Dec, 2017, 08.46 AM IST