HDFC Bank shares were down 0.14% at Rs 1,808.40 at 11:17 a.m. The stock increased 1.4% earlier in the day to hit a record high of Rs 1,836.05.
In September, the bank issued a similar securitization of ₹9,062 Crore in car loans, which were likewise rated AAA by India Ratings.
In addition to the capital conservation buffer, these banks are required to maintain an additional Common Equity Tier 1 (CET1) requirement.
Adani Enterprises leads the Adani Group with a market cap of ₹3.3 lakh crore.
HDB Financial Services, founded in 2007, offers secured and unsecured loans and operates more than 1,680 branches across India.
The sale price is set at ₹9.60 per share, and the transaction will be conducted entirely in cash.
Here are some of the stocks that may see significant price movement today: HDFC Bank, Hi-Tech Pipes, Bharat Electronics, etc.
Here are some of the stocks that may see significant price movement today: Titan Company, HDFC Bank, IndusInd Bank, etc.
This would be the latest in a series of moves the bank has taken to normalise its balance sheet and enhance its NIM.
For this sale, the bank will use a less usual financial technique known as 'pass through certificates'
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
Invest wise with Expert advice