ICRA

HDFC Bank, India’s largest private sector bank, and Telangana Academy for Skill and Knowledge (TASK), a not- for-profit organization under the Department of ITE&C, Government of Telangana have signed a Memorandum of Understanding (MoU) to promote employment of fresh graduates and post-graduates. As per the MoU, HDFC Bank will now be able access a large pool of talent across 700 institutions registered with ‘TASK’.

HDFC Bank have signed a MOU

HDFC Bank, India's largest private sector lender, is looking to sell its 100% stake in HDFC Education and Development Services using the Swiss challenge method. The bank is yet to finalise the purchaser.
The lender has entered into a binding term sheet with an interested party, which will further act as a base bid to receive counter offers from other interested parties, HDFC Bank said in a regulatory filing on March 30.

HDFC Bank looks to sell 100% stake in HDFC Edu via Swiss challenge method

Given the large ticket size and the high inherent risks associated with such exposure, the corporate mortgage loan book remains exposed to concentration risks.

HDFC faces competition from banks and leading HFCs, primarily while lending to the salaried borrower segment.

The issuer has made timely interest payments.

Mr. Deepak Parekh, Chairman 

HDFC is the largest HFC in India with a strong franchise, extensive geographical presence and the demonstrated ability to grow while protecting its margins in the extremely competitive mortgage finance market.

Given HDFC’s focus on the prime salaried segment, its overall asset quality indicators remained comfortable with gross NPAs at 2.24% as of June 30, 2021 (1.87% as of June 30, 2020)

HDFC’s funding profile is well diversified, supported by its superior credit profile. A major portion of the company’s funding is from debt market borrowings, which enabled it to maintain a competitive cost of funds.

HDFC’s average yields and cost of funds declined in FY2021 with systemic softening of interest rates. 

Healthy internal accruals and capital raising has led to strong capital adequacy indicators and comfortable gearing levels for the company.

8.46%HDFC Bank Limited 15 Jun 2026

ISIN:

INE040A08757

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HDFC Bank Limited

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HDFC Bank have signed a MOU

HDFC Bank looks to sell 100% stake in HDFC Edu via Swiss challenge method

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