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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.
HDFC held 26.14% of shares in HDFC Bank. HDFC Bank sources home loans for HDFC for a fee. [22] The key business areas of HDFC Bank were wholesale and retail banking and treasury operations. As of April 2023, its market capitalisation was ₹ 941,386 crore (US$110 billion), making it India's third largest publicly traded company. [23]
During the California Gold Rush Nashua made playing cards for miners [5] and became known as a result as the Card Shop. [6] This name remained with the company for nearly 100 years. The owners of Nashua sold their factory to Carter and Rice for $74,000, plus mortgage. Thus, in 1904, the Nashua Corporation was founded.
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 ...
HDFC Life was established in 2000 becoming the first private sector life insurance company in India. [10] By 2001, the company had its 100th customer, strengthened its employee force to 100, and had settled its first claim. HDFC Life launched its first TV advertising campaign 'Sar Utha Ke Jiyo' in 2005.
Housing Development Fund Corporation or HDFC is a special type of housing cooperative in New York City [1] which is incorporated under Article XI of the New York State Private Housing Finance Law (PHFL) and the Business Corporation Law (BCL). [2]
The WN&P from Hollis to Nashua, New Hampshire, was abandoned in 1941, and the B&M subsequently renamed the remaining line south to Ayer, Massachusetts the Hollis Branch. The B&M continued to provide freight service until the Hollis Branch was abandoned in 1982, with a fuel dealer being the last rail customer in town. [8]
The Peabody Civic Center Historic District encompasses a well-preserved portion of the historic center of Peabody, Massachusetts.Extending along Chestnut and Franklin Streets south of Peabody City Hall, the district includes a small residential area built in the mid-19th century, as well as the city hall and St. JOhn the Baptist Roman Catholic Church, two monumental structures defining the ...