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Launched in 2010, HDFC held a 100% stake in HDFC RED, a real estate online listings platform operating under HDFC Developers Ltd. The company focuses on real estate, avoiding resale and rental services. [32] [15] In 2018, HDFC sold HDFC RED and HDFC Realty to Quikr for ₹ 357 crore (US$54.82 million). [33]
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. [5] As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. [5]
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In May 2021, Housing Development Finance Corporation (HDFC), entered into a share purchase agreement for the sale of 44,12,000 equity shares of Rs. 10 each, representing 0.62% of the issued and paid-up share capital of HDFC ERGO, in accordance with the direction of Reserve Bank of India to reduce its shareholding in the latter to 50% or below ...
From January 2008 to December 2012, if you bought shares in companies when William H. Gray, III joined the board, and sold them when he left, you would have a -17.6 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
HDFC Bank of Sri Lanka, a Sri Lankan specialised housing bank Housing Development Fund Corporation , a special type of limited equity housing cooperative in New York City Topics referred to by the same term
Republican Marjorie Taylor Greene said on Thursday she will chair a U.S. House of Representatives panel on government efficiency, working with billionaire Elon Musk and Vivek Ramaswamy in their ...