Housing Development Finance Corporation’s (HDFC) wholly-owned subsidiary -- HDFC Capital Advisors (HCAL) has concluded the sale of 1,805 equity shares of Xpedize Venture (Xpedize), representing 12.47% of its paid-up capital to SIC, a US based entity, for a total consideration of $980,806 (equivalent to around Rs 7.49 crore).
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.
