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HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.
HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.
In the ongoing 1st Test between India and Bangladesh, Hasan Mahmud has put on an impressive display, claiming his fourth wicket by dismissing Rishabh Pant for 39 runs. His fiery bowling has created significant trouble for the Indian batting lineup. Following Pant's exit, wicketkeeper-batter KL Rahul has joined Yashasvi Jaiswal at the crease, who is currently standing strong and has reached his half-century.
With India at four wickets down, both Rahul and Jaiswal are focused on b
In the ongoing 1st Test between India and Bangladesh, Hasan Mahmud has put on an impressive display, claiming his fourth wicket by dismissing Rishabh Pant for 39 runs. His fiery bowling has created significant trouble for the Indian batting lineup. Following Pant's exit, wicketkeeper-batter KL Rahul has joined Yashasvi Jaiswal at the crease, who is currently standing strong and has reached his half-century.
With India at four wickets down, both Rahul and Jaiswal are focused on b
Gavaskar’s Caution Ahead of Bangladesh Series: Legendary Indian cricketer Sunil Gavaskar has issued a word of caution to Rohit Sharma’s squad regarding the upcoming two-Test series against Bangladesh. Gavaskar highlighted that Bangladesh, fresh from a historic 2-0 series victory in Pakistan, is a formidable opponent. The series will start with the first Test at the MA Chidambaram Stadium in Chennai from September 19-23, followed by the second Test at
Gavaskar’s Caution Ahead of Bangladesh Series: Legendary Indian cricketer Sunil Gavaskar has issued a word of caution to Rohit Sharma’s squad regarding the upcoming two-Test series against Bangladesh. Gavaskar highlighted that Bangladesh, fresh from a historic 2-0 series victory in Pakistan, is a formidable opponent. The series will start with the first Test at the MA Chidambaram Stadium in Chennai from September 19-23, followed by the second Test at
Introduction and Background: In Kolkata, junior doctors are continuing their protest over the horrific rape-murder of a fellow doctor. Their protest has brought significant attention to their demands for greater transparency in the investigation and meetings with state officials. Recently, these doctors received a "fifth and final" invitation from Chief Minister Mamata Banerjee to discuss their concerns. This meeting is crucial given the recent develop
Introduction and Background: In Kolkata, junior doctors are continuing their protest over the horrific rape-murder of a fellow doctor. Their protest has brought significant attention to their demands for greater transparency in the investigation and meetings with state officials. Recently, these doctors received a "fifth and final" invitation from Chief Minister Mamata Banerjee to discuss their concerns. This meeting is crucial given the recent develop
Political strategist Prashant Kishor is preparing to formally enter politics with the launch of his new party, the Jan Suraj Party, scheduled for October 2nd. In a bold declaration, Kishor has promised to overturn Bihar’s longstanding liquor ban within one hour of his party assuming power. He has been working on the party's launch for the past two years and is confident in his ability to challenge the dominance of the Janata Dal (United) and Rashtriya Janata Dal (RJ
Political strategist Prashant Kishor is preparing to formally enter politics with the launch of his new party, the Jan Suraj Party, scheduled for October 2nd. In a bold declaration, Kishor has promised to overturn Bihar’s longstanding liquor ban within one hour of his party assuming power. He has been working on the party's launch for the past two years and is confident in his ability to challenge the dominance of the Janata Dal (United) and Rashtriya Janata Dal (RJ
West Bengal Chief Minister Mamata Banerjee addressed a dramatic standoff with junior doctors in an emotional speech, expressing her willingness to step down from her post to prioritize the well-being of the people. The tension peaked after doctors refused to attend a crucial meeting at the state secretariat due to a disagreement over the live transmission of the proceedings. Banerjee's offer to resign was driven by her frustration with the ongoing healthcare cr
West Bengal Chief Minister Mamata Banerjee addressed a dramatic standoff with junior doctors in an emotional speech, expressing her willingness to step down from her post to prioritize the well-being of the people. The tension peaked after doctors refused to attend a crucial meeting at the state secretariat due to a disagreement over the live transmission of the proceedings. Banerjee's offer to resign was driven by her frustration with the ongoing healthcare cr
In the ongoing Kolkata hospital rape-murder case, the Supreme Court’s fresh scrutiny has significantly intensified the BJP's demand for the resignation of Kolkata Police Commissioner Vineet Goyal. The court's focus on alleged lapses in the police investigation, including a missing postmortem challan and the 14-hour delay in filing the First Information Report (FIR), has fueled calls for accountability. The Chief Justice of India, DY Chandrachud, emphasized the importance of the
In the ongoing Kolkata hospital rape-murder case, the Supreme Court’s fresh scrutiny has significantly intensified the BJP's demand for the resignation of Kolkata Police Commissioner Vineet Goyal. The court's focus on alleged lapses in the police investigation, including a missing postmortem challan and the 14-hour delay in filing the First Information Report (FIR), has fueled calls for accountability. The Chief Justice of India, DY Chandrachud, emphasized the importance of the
In recent months, CM Chandrababu Naidu has focused on driving investment into Andhra Pradesh, engaging with global entities such as the World Bank and Brookfield Corporation, and exploring opportunities in EV and alternative energy sectors. His latest push involves a significant meeting with Godrej Industries, where he discussed a potential Rs 2800 crore investment for pesticide manufacturing in Amarava
In recent months, CM Chandrababu Naidu has focused on driving investment into Andhra Pradesh, engaging with global entities such as the World Bank and Brookfield Corporation, and exploring opportunities in EV and alternative energy sectors. His latest push involves a significant meeting with Godrej Industries, where he discussed a potential Rs 2800 crore investment for pesticide manufacturing in Amarava
The central government has recently announced a major financial boost for Andhra Pradesh, with Rs 15,000 crore set to be provided through multilateral agencies to support the development of Amaravati, the state’s capital. This announcement has swiftly moved towards action, as evidenced by the meeting between a four-member World Bank delegation and Andhra Pradesh Chief Minister N. Chandrababu Naidu, along with members of the Capital Region Development Authority (CRDA). This meeting is a
The central government has recently announced a major financial boost for Andhra Pradesh, with Rs 15,000 crore set to be provided through multilateral agencies to support the development of Amaravati, the state’s capital. This announcement has swiftly moved towards action, as evidenced by the meeting between a four-member World Bank delegation and Andhra Pradesh Chief Minister N. Chandrababu Naidu, along with members of the Capital Region Development Authority (CRDA). This meeting is a
