Aptus Value Housing Finance (AVHF) raised around US$375m in its India IPO. The company is backed by a host of investors including WestBridge, Malabar Investments, Sequoia, Madison and Steadview. Aptus Value Housing Finance India Limited (AVHF) is a retail focussed housing finance company (HFC) primarily serving low and middle income self-employed customers in the rural and semi-urban markets in India. AVHF was one of the largest HFC’s in South India in terms of AUM, as of Mar 21. AVHF’s net i...
Rating Action: Moody's assigns Ba3 to HDFC Bank's proposed AT1 capital securities. Global Credit Research- 16 Aug 2021. Singapore, August 16, 2021-- Moody's Investors Service has assigned a Ba3 rating to HDFC Bank Limited's proposed USD-denominated, undated, non-cumulative and subordinated Additional Tier 1 capital securities.
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