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Tag Archives: HDFC

Sensex, Nifty hit record high in early trade

The markets continued to consolidate on last week’s gains as both Sensex and Nifty hit record high of 31,602.50 and 9,765.90 in Monday’s early trade. 30-share BSE Sensex opened up by 150.62 points, at 31,510.62. The broader 50-share NSE Nifty also surged as it opened at 9,695, gaining 29.20 points. However the indices continued ... Read More »

HDFC Bank expands foreign exchange offering in J&K

HDFC Bank, one of the most prominent private sector lenders, has expanded its foreign exchange offering in Jammu & Kashmir. The expanded range of offering, include foreign exchange in 20 currencies and Hajj Umrah ForexPlus card, aimed at meeting requirements of customers as well as businesses. Promoted in 1995 by ... Read More »

HDFC buys 15% stake in Tanzania’s First Housing Finance co

As part of greenfield expansion outside India, Housing Development Finance Corporation (HDFC) has acquired a 15% stake in Tanzania’s First Housing Finance for $1.5 million. The acquisition has been executed through HDFC Investments in which 32.7 million equity shares, equivalent to 15% share capital of First Housing, have been bought ... Read More »

HDFC to raise Rs 1,000 crore on private placement basis

HDFC will issue secured redeemable non-convertible debentures (NCDs) worth Rs 1,000 crore on a private placement basis for a tenor of two years and five month, in order to meet its long-term capital requirements. The proceeds of the present issue would be utilized for financing/refinancing the housing finance business requirements ... Read More »

HDFC fixes book closure for final dividend & AGM

Housing Development Finance Corporation (HDFC) has informed that the Register of Members & Share Transfer Books of the Company will remain closed from July 18, 2017 to July 26, 2017 (both days inclusive) for the purpose of Payment of Final Dividend & 40th Annual General Meeting (AGM) of the Company ... Read More »

Sensex Ends 172 Points Higher, Nifty Settles Above 9,100

The BSE Sensex ended 172 points higher while the NSE benchmark Nifty settled above the 9,100 mark on Tuesday as banking shares rallied. Recovery in other Asian share and a positive opening in European markets also supported sentiments on Dalal Street. However, analysts believe that gains are likely to be ... Read More »