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HDFC Bank to monetise properties inherited during merger

HDFC Bank has announced plans to monetize properties acquired through its recent merger with HDFC Ltd. The bank intends to sell a mix of residential and commercial assets to raise funds. This strategic move is aimed at enhancing the bank’s capital and liquidity, supporting its ongoing growth initiatives.

Key Highlights:

  • Properties inherited through the merger with HDFC Ltd.
  • Includes both residential and commercial real estate.
  • Sales intended to strengthen capital position and improve liquidity.

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