The loan has been priced at a margin of 90 bps over SOFR (Secured Overnight Financing Rate) HDFC has financed 9.5 million housing units and has a gross loan book of ₹ 6.7 trillion since its ...
Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry.