hdfc financial institution: Merrill Lynch Fund offloads HDFC Financial institution shares for Rs 51 cr

[ad_1] New Delhi: Merrill Lynch India Equities Fund Mauritius Ltd on Tuesday offloaded 3.86 lakh shares of personal lender for round rs 51 crore by way of open market transaction. In accordance with block deal information out there with BSE, Merrill Lynch offered 3,86,658 shares at a mean value of Rs 1,306.15 apiece, taking the … Read more

HDFC Financial institution: HDFC Financial institution offloads Rs 2,188 crore distressed retail loans to ARCs

[ad_1] Mumbai: Personal sector lender HDFC Financial institution has bought ₹2,188 crore of distressed retail loans to asset reconstruction corporations (ARCs) within the final three quarters with the purpose to wash its guide, stated individuals conscious of the matter. The retail pool consisted primarily of private and automobile loans, they stated. HDFC Financial institution has … Read more