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In 2011, as Hero Honda Motors was restructured, the company was renamed Hero FinCorp and acquired its present form. By April 2013, the company began giving two-wheelers loans to customers. In 2014, it ventured into loans against property, loans for small and medium enterprises and commercial loans. [2]
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
HDFC held 26.14% of shares in HDFC Bank. HDFC Bank sources home loans for HDFC for a fee. [22] The key business areas of HDFC Bank were wholesale and retail banking and treasury operations. As of April 2023, its market capitalisation was ₹ 941,386 crore (US$110 billion), making it India's third largest publicly traded company. [23]
NFL wild card weekend is set.. The NFL playoffs kick off with three days of NFL action. All 14 playoff teams are playing for a chance to hoist the Lombardi Trophy at Super Bowl 59 at the Caesars ...
Sometimes items are paid after delivery and physical verification of the delivered item and the "delivery challan" with receiving signature is held for future payment against it. Thus delivering items in advance "on a loan basis" before processing payment or procurement has come to be described as delivering "on a challan basis".
Agents assigned to the Blaine Sector in Lynden, Washington found two black backpacks in a wooded area near the border, U.S. Customs and Border Protection said in a news release Monday.
The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. [5] As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. [5]
Sugar Bowl: No. 2 Georgia vs. Notre Dame/Indiana winner, 8:45 p.m. (ESPN) When are College Football Playoff semifinals? The semifinal games will be played Jan. 9 and Jan. 10 at the site of two ...