Articles for tag: Bank, Concerns, credittodeposit, Crore, Finances, HDFC, Loans, Negotiating, Offload, Ratio, Rising, Strengthen

September 12, 2024

HDFC Bank is negotiating to offload Rs 8,400 crore in loans to strengthen finances amid rising credit-to-deposit ratio concerns.

HDFC Bank, India’s largest private lender, is negotiating with global banks like Barclays, Citigroup, and JPMorgan to sell around Rs 8,400 crore (about $1 billion) in loans. This move aims to improve its credit-to-deposit ratio, which has been under pressure due to rapid loan growth compared to deposits. The bank is also in talks with ...

August 31, 2024

Market News

Business

NBCC Unveils Ambitious Bonus Share Plan: 1:2 Ratio Approved!

State-owned NBCC (India) Ltd has announced its plan to issue bonus shares in a 1:2 ratio, meaning eligible shareholders will receive one new fully paid equity share for every two shares they currently hold. The company will allocate Rs 90 crore from its free reserves for this initiative, which requires approval at the upcoming Annual ...