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HDFC Bank, India's largest private sector lender, has hiked its repo-linked home loan interest rates by 10-15 basis points and brought them in the range from 8.70 per cent to 9.8 per cent.
MUMBAI, June 9 (Reuters) - India's HDFC Bank Ltd (HDBK.NS), opens new tab will keep home loans at the centre of its growth strategy after a merger with HDFC Ltd is concluded, with such credit ...
The bank said that the change in the rate is due to the merger of HDFC Bank and HDFC on July 1, 2023. HDFC Bank increased its repo-linked home loan interest rates by 10-15 basis points to a range ...
MUMBAI: Following the merger with Housing Development Finance Corp., HDFC Bank is gearing up for the festival season, eyeing a 20% plus year-on-year (y-o-y) growth in home loan disbursals in the ...
Bank loans are tied to a benchmark rate, which is the lowest rate at which a bank can lend. The MCLR was intended to ensure that interest rates offered by banks moved rapidly and in tandem with ...
Growth in HDFC Bank’s home loan book has been faster post-merger of parent company HDFC with the bank effective July 2023, growing at over 3.5 per cent sequentially for the past two quarters.
HDFC Bank and HDFC (Housing Development Finance Corporation) have become one entity from July 1. The merger is not going to have any large impact on the existing home loan customers of HDFC ...
HDFC Bank on Thursday said that its home loan business had witnessed healthy double digit growth post merger of HDFC Ltd with itself. “The home loan business experienced stable and healthy ...
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HDFC Bank sells $717 million of home loans to bring down credit bookHDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry as detailed in a ...
HDFC Bank Ltd. will keep home loans at the centre of its growth strategy after a merger with HDFC Ltd. is concluded, with such credit likely to make up nearly a third of the bank's portfolio going ...
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