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Manipal Housing Finance Syndicate Ltd receives Loan from HDFC Bank



 Press Releases

     October 2014

 Media Exposure

     October 2014





TSW Capital Services - Deal Announcement

20th October, 2014 - TSW Capital Services announces the successful closure of lending for Manipal Housing Finance Syndicate Ltd (MHFSL) – a Manipal Group company, from HDFC Bank Ltd to the tune of INR 15 croresTSW Capital acted as the sole financial advisor to MHFSL for this deal. The funds will be used by MHFSL for its housing finance on-ward lending in South India.


INR 15 crores

About Manipal Housing Finance Syndicate Ltd.

Manipal Housing Finance (MHFSL) is a NHB registered Housing Finance Company, The company is jointly promoted by Syndicate Bank, a premier Public Sector Bank and well known Manipal Group. MHFSL came into being in the year 1986 as a Public Limited Company. It is a ´BBB+´ rated HFC, with permission from National Housing Bank (NHB) to accept public deposits. It belongs to the Manipal Group, founded by Late Dr T M A Pai, which has made its mark in diverse areas such as, banking & finance, education & health care, printing & publication, hospitality and information technology, etc.

About HDFC Bank Ltd.

Promoted in 1995 by Housing Development Finance Corporation (HDFC), India's leading housing finance company, HDFC Bank is one of India's premier banks providing a wide range of financial products and services to its 28.5 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. Within a relatively short span of time, the bank has emerged as a leading player in retail banking, wholesale banking, and treasury operations, its three principal business segments.

For more information please contact

Manish Jain, President & CEO, TSW Capital Services
Phone:- +91-22-22076244

TSW Capital Services

Disclaimer - All third party product, logos or trade names appearing in this announcement are the property of their respective owners and TSW Capital Services Pvt Ltd does not claim any ownership in them.


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