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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]
The ministry integrates the police and security systems in the UAE. The respective Emirati police authorities in every single emirate are responsible for maintaining general law and order. Crimes against national security will be referred to the Federal Courts. There is also close cooperation between the law enforcement and the military.
2009 Dubai housing crash was a major economic crisis that hit the Emirate of Dubai, one of the seven emirates that make up the United Arab Emirates (UAE). The crisis was sparked by the 2007–2008 financial crisis , which severely impacted Dubai's economy, particularly its real estate sector. [ 1 ]
These people will be forced to pay even higher fees for the same services, and will find making future timely payments to their creditors even more difficult. On the other hand, late fees are sometimes levied by freelancers when payments to them are delayed. In this case, late payments can help protect non-staffers against income instability. [17]
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.
The Dubai Police Force (Arabic: شرطة دبي), commonly referred to as Dubai Police, is the police force of the Emirate of Dubai, United Arab Emirates. Dubai Police Force was established on June 01, 1956, and was based in "Naif Fort," as its Headquarters, until the year 1973 before it was moved to Al Twar.
A credit record is a record of the credit history of a person or business entity, potentially including payment history, default and bankruptcy. Information about debts, late payments and default may be placed by a borrower's credit record, and usually remain for several years. Reports to credit reporting agencies may not necessarily be ...
A non-performing loan (NPL) is a bank loan that is subject to late repayment or is unlikely to be repaid by the borrower in full. Non-performing loans represent a major challenge for the banking sector, as they reduce profitability. [ 1 ]