Housing Development Finance Corporation (HDFC) has sold 1,90,11,237 equity shares of Rs 1 each of Siti Networks (Siti), representing 2.18% of the paid-up share capital of Siti. Post the said sale, the Corporation would hold 7,53,74,763 equity shares of Rs 1 each of Siti representing 8.64% of its paid-up share capital.
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.
