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Latest news on September 27, 2024: The deals confirm India’s largest bank in market value is intensifying efforts to shrink its retail loan portfolio amid heightened regulatory pressure to improve the sector’s credit-deposit ratios
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Business News LIVE Updates : HDFC sells $717 million of home loans to reduce credit book
- HDFC Bank sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory pressures
Business News LIVE Updates : OpenAI discusses giving Sam Altman a 7% stake and shift to a for-profit model
- OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business
News business Business News LIVE Updates Today September 27, 2024: HDFC sells $717 million of home loans to reduce credit book