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.