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HDFC Capital exits with Rs 298 crore return from Total Environment project in Bangalore

HDFC Capital, a subsidiary of HDFC Bank Ltd, exited a Total Environment project in Bangalore, yielding a return of close to Rs 300 crore. The investment of Rs 229 crore was for a residential apartment project in Whitefield called "Pursuit of a Radical Rhapsody". Total Environment, founded in 1996, boasts a track record of delivering 5.5 million sft of residential and commercial space, with 14 million sft currently under construction. The successful exit reflects HDFC Capital s strategy of partnering with reputable developers to focus on high-quality homes in India.

HDFC Bank Q4 net profit grows to Rs 17,622 crore

In July 2023, the bank merged its home loan-focused parent HDFC into itself.

HDFC Bank Q3 results: Profit jumps 34% to Rs 16,373 crore, meets Street expectations; key takeaways

Net interest income (NII) for the quarter, which is interest earned less interets expended, rose 23.9 per cent YoY to Rs 28,470 crore ompared with Rs 22,990 crore in the same quarter last year.

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