HDFC offloads shares worth Rs 67 crore of Gruh Finance
31st Aug 2019

Housing Development Finance Corporation (HDFC) has offloaded 27 lakh shares of its subsidiary Gruh Finance, worth nearly Rs 67 crore through open market transaction. The shares were bought by Societe Generale.

HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.