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DBS Bank leads USD 100 Million Syndicated ECB Loan for HDFC Credila

DBS Bank leads USD 100 Million Syndicated ECB Loan for HDFC Credila
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India , Ahmedabad , Gujarat , Australia , Canada , Gandhinagar , Arijit-sanyal , Rajat-verma , Bank-india , Credila-financial-services-limited , Bank-ltd , Gujarat-international-finance-tec

hdfc credila: HDFC Credila raises USD 100 mn through ECB route for loan book expansion

DBS Bank's IFSC banking unit in Gujarat International Finance Tec-City (GIFT City) said in a statement that it led the syndicated loan. The funds will be used for growing the retail education loan franchise, it said.

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HDFC Credila raises $100 million via ECB to boost funding resources

In March this year, HDFC Bank sold its stake in HDFC Credila to private equity firms BPEA EQT and ChrysCapital for Rs 9,553 crore

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Latest News | HDFC Credila Raises USD 100 Mn Through ECB Route for Loan Book Expansion

Get latest articles and stories on Latest News at LatestLY. Education loans-focused lender HDFC Credila Financial Services on Tuesday said it has raised USD 100 million in external commercial borrowing (ECB).
Latest News | HDFC Credila Raises USD 100 Mn Through ECB Route for Loan Book Expansion.

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Shinhan Bank secures 10% stake in India's Credila

Shinhan Bank, a major commercial lender in South Korea, is bolstering its footprint in India through a strategic share acquisition of the local student loan provider, Credila. The bank announced Thursday that it successfully secured an equity investment agreement with Mumbai-based HDFC Credila Financial Services the previous day. As per the agreement, Credila will undergo a capital increase, with Shinhan Bank injecti...

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Shinhan Bank acquires stake in India's top student loan company

Shinhan Bank is acquiring a stake in HDFC Credila Financial Services, a student loan company in India. It is the bank’s first advancement into the global market in the form of equity investment, instead of launching branches of corporations.

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BPEA EQT led consortium to acquire HDFC Credila - India's largest non-bank education loan specialist, enabling academic studies for the country's growing young population

BPEA EQT led consortium to acquire HDFC Credila - India's largest non-bank education loan specialist, enabling academic studies for the country's growing young population
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BPEA EQT led consortium to acquire HDFC Credila - India's largest non-bank education loan specialist, enabling academic studies for the country's growing young population - Insurance News

BPEA EQT led consortium to acquire HDFC Credila - India's largest non-bank education loan specialist, enabling academic studies for the country's growing young population - Insurance News
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HDFC To Sell 90% Stake In HDFC Credila Financial Services To BPEA EQT And ChrysCapital

HDFC Limited will continue to remain invested with a stake of 9.99% in HDFC Credila.

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HDFC shares in focus as housing finance company sells 90% stake in HDFC Credila for Rs 9,060 crore

HDFC Credila: The buyer consortium valued HDFC Credila at a pre‐money valuation of Rs 10,350 crore and will infuse primary proceeds of Rs 2,000 crore into the company, HDFC said in a BSE filing.

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