Banking and Finance India’s HDFC to sell 10% stake in HDFC Capital to ADIA India’s top housing finance firm HDFC Ltd said on Wednesday it plans to sell a 10% stake in unit HDFC Capital to an arm of Abu Dhabi Investment Authority (ADIA) for INR 1.84 billion ($24.09 million). The deal comes two weeks after HDFC and HDFC Bank, the country’s largest private-sector lender, floated merger plans to […] April 20, 2022
Banking and Finance World Bank to push ahead with some Afghan projects The World Bank has resumed work on three projects in Afghanistan focused on health, agriculture and livelihoods, but will maintain a hold on some $150 million for education projects, two sources familiar with the decision said Tuesday. The multilateral development bank had put all four projects, valued at around $600 million, on hold in late […] April 19, 2022