HDFC to sell 4.2 percent stake in Gruh Finance 14th Jun 2019, 12:33 PM. This offloading is to comply with a requirement by the Reserve Bank of India (RBI) to facilitate the latter’s merger with Bandhan Bank Read More; HDFC disburses Rs 2,300 crore as subsidy under PMAY
HDFC sells further 4.22% stake in Gruh for Rs 899 crore (Representational Image) | Photo Credit: PTI New Delhi: Mortgage lender HDFC Friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43 crore.
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· NEW DELHI: Mortgage lender HDFC on Friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43 crore.
· It has outstanding loans of Rs 7,112 crore, which is on par with Gruh Finance (a subsidiary of HDFC Ltd) that has outstanding loan book of Rs 7,009 crore. Gruh’s NPAs are also comparable since.
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HDFC sells further 4.22% stake in Gruh for Rs 899 crore by Precious Kashmir – No Comment; No ban on corporates in MSME clusters; No trust deficit between govt & industry: Gadkari by Precious Kashmir – No Comment; Govt plans Rs 6 lakh crore spectrum auction to ensure affordable 5G by Precious Kashmir -.
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HDFC sells further 4.22% stake in Gruh for Rs 899 crore 06-14 moneycontrol.com Mortgage lender HDFC on Friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for Rs 899.43 crore.
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TCIPL (tata communications international pte Ltd) has divested 26 per cent stake in STT. representing 4.22 of the issued and paid-up share capital of Gruh was carried out through stock exchanges at.
HDFC sells another 4.22% stake in Gruh Finance for Rs 899 crore. The sale was carried out through stock exchanges at the prevailing market price. The average price was at Rs 290.14 per equity share.