HDFC Bank received RBI approval to sell 90% stake in HDFC Credila, boosting Q4 income. The sale was approved by RBI and CCI. Details of credit rating report, stake divestment, and fresh equity infusion were mentioned. Availability of balance amount not specified. On July 1, last year, HDFC Ltd, the parent housing finance company, was amalgamated with HDFC Bank. Thus, the entire investment was transferred from the parent to the bank.
Homegrown private equity investors comprised almost half of the top chart of most active PE-style investors in the country this year striking four or more ..
Global private equity firms and Indian companies such as Manipal Hospitals and Max Hospital acquired or invested in multi-speciality or single-speciality hospitals during 2023, as ..
Hong Kong-based private equity fund BPEA EQT has acquired a majority stake in Chennai-headquartered digital engineering firm Indium Software, marking its latest bet in the ..