Why is HDFC Limited mulling partial stake sale? | All you need to know
Video description:
Mortgage lender HDFC limited eying ₹1 billion fundraise in order to build a war chest to make the post-COVID-19 Demat. They do have around 19% odd stake in HDFC Bank and have probably invited applications or presentations from the various investment bankers in an exploration of such stocks. Although HDFC Limited has sufficient amount of capital on their books, which is slightly over 17% with a 16.6% which suggests that they are not in any dire need of current capital and are looking to build up capital as a war chest. ET NOW correspondent Poonam Sahani joins us with the details. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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