![HDFC Credila Cashes In On Rise In Study Loans](https://images.assettype.com/fortuneindia%2F2024-07%2F3bbe6019-e496-46ff-b9b1-b3c2bb4a649d%2FCredila_1.jpg?w=300&q=95)
HDFC Credila Cashes In On Rise In Study Loans
India’s largest education loan financier grew its book significantly after global investors EQT and ChrysCapital came on board.
India’s largest education loan financier grew its book significantly after global investors EQT and ChrysCapital came on board.
HDFC Bank sells 14,01,72,180 shares of HDFC Credila to a consortium of private equity companies BPEA EQT and ChrysCapital
HDFC had announced sale of 90% of stake in Credila to a consortium of private equity firms including BPEA EQT and ChrysCapital for ₹9,060 cr in June 2023
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