People's Bank Of China Acquires 1% Stake In HDFC | Read

  • 3:21
  • Published On: April 13, 2020
Cinema View
Embed
In a major development for the Indian financial sector, the People's Bank of China (PBoC) has taken up a 1.01 per cent stake in mortgage lending major Housing Development Finance Corporation (HDFC). The central bank of China acquired nearly 1.75 crore shares in HDFC in the quarter ended March, according to a regulatory filing. The development comes at a time when the share price of the lender has plunged more than 25 per cent in the past one month amid broader weakness in the markets due to the rapidly-spreading coronavirus pandemic.

Related Videos

Kremlin Confirms Donald Trump Secretly Sent Covid Test Kits To Putin
October 10, 2024 2:23
"Doctors Were Clueless, Didn't Suspect Vaccine": Man Whose Daughter Died Due To Vaccine Side-Effect
May 05, 2024 4:27
"A Very Big Source Of Covid Vaccines For World": Bill Gates Praises India
February 29, 2024 3:21
'Poverty Associated With Long Covid': Dr Soumya Swaminathan
February 19, 2024 6:52
What Does Covid-19 Do To Your Lungs?
February 19, 2024 22:46
"This Was Expected": Karnataka Health Minister On JN.1 Cases In State
December 25, 2023 3:57
Maharashtra Reports 50 New COVID-19 Cases, 9 Of Them JN.1 Infections
December 25, 2023 0:46
All You Need To Know About The New COVID Variant JN.1
December 22, 2023 9:12
21 Cases Of New Coronavirus Variant JN.1 In India Confirmed In Lab Tests
December 21, 2023 3:03
UP Government's Relief For Builders, Homebuyers
December 20, 2023 1:48
Union Health Minister Holds Review Meet On Preparedness To Tackle New Covid Variant
December 20, 2023 4:07
Centre Asks States To Report Influenza-Like Illness As Covid Cases Rise
December 19, 2023 2:33
  • "Grateful For The Honour Guyana Has Given Me," Says PM Modi
    November 21, 2024 5:00

    "Grateful For The Honour Guyana Has Given Me," Says PM Modi

  • Zomato's No-salary Job Offer: What's The Deal?
    November 21, 2024 2:41

    Zomato's No-salary Job Offer: What's The Deal?

  • Russian Air Force Says It Has Shot Down British Storm Shadow Missiles
    November 21, 2024 2:57

    Russian Air Force Says It Has Shot Down British Storm Shadow Missiles

  • Israeli PM Benjamin Netanyahu Faces Arrest For War Crimes After World Court Ruling
    November 21, 2024 2:59

    Israeli PM Benjamin Netanyahu Faces Arrest For War Crimes After World Court Ruling

  • Year After Milk Row, Karnataka's Nandini Dairy Brand Set For Delhi Launch
    November 21, 2024 4:49

    Year After Milk Row, Karnataka's Nandini Dairy Brand Set For Delhi Launch

  • World's Tallest And Shortest Women Meet In London For Guinness World Records Day
    November 21, 2024 0:50

    World's Tallest And Shortest Women Meet In London For Guinness World Records Day

  • High Court Grants Bail To Consultant In Shivaji Statue Collapse Case
    November 21, 2024 2:38

    High Court Grants Bail To Consultant In Shivaji Statue Collapse Case

  • AAP "Fishing In Congress' Waters" As Arvind Kejriwal Plots Re-Election Bid
    November 21, 2024 3:44

    AAP "Fishing In Congress' Waters" As Arvind Kejriwal Plots Re-Election Bid

  • Nagarjuna Dances With Students At IFFI Prasad Bharti Event
    November 21, 2024 0:19

    Nagarjuna Dances With Students At IFFI Prasad Bharti Event

  • Family Of Indian Woman, Found Murdered In Car In UK, Speaks To NDTV
    November 21, 2024 3:15

    Family Of Indian Woman, Found Murdered In Car In UK, Speaks To NDTV

  • Congress Agenda To Tarnish India Image: BJP Amid Allegations Against Adani Group In US
    November 21, 2024 2:46

    Congress Agenda To Tarnish India Image: BJP Amid Allegations Against Adani Group In US

  • Russia Launches ICBM At Ukraine In Stern Message To Kyiv, Western Allies
    November 21, 2024 2:17

    Russia Launches ICBM At Ukraine In Stern Message To Kyiv, Western Allies

  • India, Australia Sign Deal For Air-To-Air Refuelling Of Military Aircraft
    November 21, 2024 1:55

    India, Australia Sign Deal For Air-To-Air Refuelling Of Military Aircraft

  • ICBM Ukraine | Russia Attacks Ukraine With Intercontinental Ballistic Missile, Claims Kyiv
    November 21, 2024 1:56

    ICBM Ukraine | Russia Attacks Ukraine With Intercontinental Ballistic Missile, Claims Kyiv

  • As Pollution Peaks In Delhi, Kolkata Acts To Improve Air Quality
    November 21, 2024 2:26

    As Pollution Peaks In Delhi, Kolkata Acts To Improve Air Quality

  • Official In Telangana Caught Taking Bribe, Chief Minister Seeks Report
    November 21, 2024 1:25

    Official In Telangana Caught Taking Bribe, Chief Minister Seeks Report

  • 30 Telangana Students Fall Ill At School, Worms Found Inside Mid-Day Meal
    November 21, 2024 2:50

    30 Telangana Students Fall Ill At School, Worms Found Inside Mid-Day Meal

  • "Baseless And Denied": Adani Group On A US Government Department Report
    November 21, 2024 0:57

    "Baseless And Denied": Adani Group On A US Government Department Report

  • What Is A 'Bomb Cyclone'? Meteorologists explain
    November 21, 2024 2:44

    What Is A 'Bomb Cyclone'? Meteorologists explain

  • Exclusive: Sara Ali Khan And Kedarnath - A Match Made In Heaven
    November 21, 2024 1:12

    Exclusive: Sara Ali Khan And Kedarnath - A Match Made In Heaven

  • Sara Ali Khan on Family Holidays: It's Always 'UK vs UK'
    November 21, 2024 8:12

    Sara Ali Khan on Family Holidays: It's Always 'UK vs UK'