HDFC Bank sells Rs 6,000 crore home loans

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The story "HDFC Bank sells Rs 6,000 crore home loans" was covered 6 hours ago by Times of India, a news publisher based in India.

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Times of India 6h ago

HDFC Bank sells Rs 6,000 crore home loans - Times of India

Quick Summary:

HDFC Bank has sold a housing loan portfolio of Rs 6,000 crore to several state-controlled banks and car loans worth Rs 9,060 crore via pass-through certificates.

This strategic move aims to improve the bank's credit-to-deposit ratio, which has declined as credit growth outstripped deposit growth in recent years.

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