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HDFC expected to sell loan portfolio of 2 Ghaziabad-based five-star hotels to Prudent ARC: Report

HDFC is set to sell a loan portfolio of two five-star hotels in Ghaziabad to Prudent Asset Reconstruction for ₹311 crore, resulting in a 61 percent recovery.





Housing Development Finance Corporation Limited (HDFC) Ltd is expected to sell a loan portfolio of two five-star hotels in Ghaziabad to Prudent Asset Reconstruction business, Economic Times has reported citing people aware of the development. These two five-star hotels operate under the Radisson Blu brand

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