Diabytes
Mortgage lender News
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The country's largest mortgage player HDFC Ltd on Wednesday reported 26.86 percent increase in consolidated net profit at Rs 2,796.92 crore helped by receipts from stake sale in its general insurance arm.
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In a first by any private sector Indian company, country's largest mortgage lender HDFC will issue USD 750 million rupee-denominated bonds, also known as 'Masala' bonds, to overseas investors to improve financing prospects for domestic infrastructure projects.
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India`s largest mortgage lender State Bank of India (SBI) successfully completed e-auction of around Rs.1,200 crore worth of stressed assets on Saturday with good number of bids for residential properties, said a senior official.
Private sector housing mortgage lender HDFC Ltd has reported 8.8 percent rise in consolidated net profit at Rs 2,064.36 crore for the second quarter ended September 30, 2014-15.
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