Despite HDFC Bank s efforts, the loan-to-deposit ratio is still above 100, and any further deterioration could continue to affect the net interest income growth in the coming months
DBS Bank s IFSC banking unit in Gujarat International Finance Tec-City (GIFT City) said in a statement that it led the syndicated loan. The funds will be used for growing the retail education loan franchise, it said.
Shinhan Bank is acquiring a stake in HDFC Credila Financial Services, a student loan company in India. It is the bank’s first advancement into the global market in the form of equity investment, instead of launching branches of corporations.
BPEA EQT (formerly Baring Private Equity Asia) has emerged as the frontrunner to acquire a majority stake in Credila Financial Services Ltd, the education loan unit of Housing Development Finance Corporation (HDFC), for as much as $1.5 billion (Rs 12,000 ..
Abu Dhabi Investment Authority (ADIA), Singapore’s GIC, Blackstone, BPEA EQT (formerly Baring Private Equity Asia), and Warburg Pincus are some of the suitors that have expressed interest