HDFC Credila Cashes In On Rise In Study Loans
India’s education loan industry is heavily “untapped”, and Credila is a small part of a much larger market opportunity, says HDFC Credila MD & CEO Arijit Sanyal
India’s education loan industry is heavily “untapped”, and Credila is a small part of a much larger market opportunity, says HDFC Credila MD & CEO Arijit Sanyal
HDFC Bank sells 14,01,72,180 shares of HDFC Credila to a consortium of private equity companies BPEA EQT and ChrysCapital
HDFC's decision to bring down its stake to 10% in Credila comes after RBI’s mandate as HDFC Bank and HDFC approach their much-talked-about merger
In March, Lenskart announced $500 mn investment from ADIA subsidiary; startup has attracted $850 mn in past 12 months
The acquisition of IDFC Mutual Fund by a consortium of Bandhan Financial Holdings, GIC, and ChrysCapital indicates a new trend of international funds eager to get a piece of the Indian capital market.
The acquisition will be the largest deal in the Indian asset management industry to date.