You are here: Home » Companies » News
Top headlines: IBBI amends rules, yield curve inverts in the US, and more
Unicommerce to increase manpower by 50%, hire 150 employees in FY23
Business Standard

HDFC in final stage of selling 4 large, stressed accounts before the merger

Ahead of the HDFC-HDFC Bank merger, the mortgage financier is trying to sell four large, stressed accounts, one of which is the Subhash Chandra-promoted Siti Networks

Topics
HDFC | distressed assets | SITI Networks

BS Web Team 



HDFC
Photo: Bloomberg

Ahead of the merger with its subsidiary bank, mortgage financier Ltd is in the final stages of selling four large distressed accounts to Assets Care and Reconstruction Enterprise (ACRE), a media report said on Thursday.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, June 16 2022. 09:10 IST

RECOMMENDED FOR YOU

.