HDFC Bank sells Rs 6,000 crore home loans
Friday, 27 September 2024
HDFC Bank has sold a housing loan portfolio of Rs 6,000 crore to several state-controlled banks and car loans worth Rs 9,060 crore via pass-through certificates. This strategic move aims to improve the bank's credit-to-deposit ratio, which has declined as credit growth outstripped deposit growth in recent years.
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