Idbi Enters Home Loans Via Tata Home Buy
The Industrial Development Bank of India (IDBI) is set to branch out into home financing after it signed a share purchase agreement (SPA) today to take over Tata Homefinance (THL), a subsidiary of Tata Finance Ltd.
TFL holds 63 per cent in the company, while the UK-based Abbey National holds the balance stake. The sale, which will also mark Abbey
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 31 2003 | 12:00 AM IST