HDFC Bank to Monetise Merger Assets

14 Nov 2024 CW Team

HDFC Bank plans to monetise properties it inherited through its merger with HDFC Ltd. These properties, which include commercial and residential assets, were part of the financial institution’s expansion strategy following the merger. Monetising such assets allows the bank to optimize its portfolio, strengthen its balance sheet, and generate liquidity. The move aligns with broader industry trends where banks, especially after large mergers, seek to streamline operations by selling non-core assets.

The decision to monetise these inherited properties comes at a time when many financial institutions are re-evaluating their real estate holdings for potential returns. The bank’s assets include prime land and buildings that can fetch significant value in the current market. By selling or leasing these assets, HDFC Bank aims to maximize returns, which can be reinvested into its core banking operations, including lending and technology upgrades.

This strategy also indicates a focus on operational efficiency, as the bank looks to divest properties that are not central to its business activities. The move could help HDFC Bank improve its asset-liability management and provide funds for future investments. Real estate transactions like this one are common after mergers, as businesses assess their physical assets and aim for optimal financial performance.

HDFC Bank’s monetisation of its inherited assets demonstrates its commitment to maintaining a lean and efficient business model while capitalizing on opportunities presented by the real estate market. This process is likely to continue in the coming years, with the bank focusing on enhancing shareholder value and improving overall financial health.

Infrastructure Transport

15 Oct 2025

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..