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Tag: HDFC

HDFC cuts home loan rate by 15 basis points

Leading mortgage lender HDFC on Tuesday slashed its lending rate by 15 basis points amid a gradual decline in cost of borrowing across the system. The move comes after a…

Continue Reading HDFC cuts home loan rate by 15 basis points

Sensex falls over 300 points; Nifty below 8,950

Equity indices on Wednesday finished in red with the benchmark BSE sensex falling over 300 points dragged by bank and auto stocks. The 30-share BSE index plunged 310 points or…

Home prices may tank 20% after Covid-19, warns HDFC chief

Deepak Parekh, chairman of HDFC, said he expects residential apartments prices to fall by 20% in the near term due to the impact of Covid-19 which has stalled, along with…

China’s central bank takes 1% stake in HDFC

China’s central bank has acquired 1% stake in the country’s largest mortgage company HDFC, according to shareholding disclosures made by the corporation.

Sensex surges over 900 points; Nifty above 9,000-mark

Equity indices jumped on Tuesday in a highly volatile trade with the benchmark BSE Sensex rising over 900 points. Sensex gained 909 points or 3.02 per cent to 30,976; while…

Parekh holds just 0.07% in HDFC that he helped build

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