Housing Development Finance Corporation (HDFC) has entered into agreements for investment in Renaissance Investment Solutions ARC. The investment would result in holding of 4,98,750 equity shares of Rs. 10 each of representing 19.95% of its share capital for a total consideration of Rs. 49,87,500.
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.
