New Delhi: Country’s largest mortgage firm HDFC Ltd has said it would unlock values of its subsidiaries including life and non-life ventures at opportune time. Talking about the subsidiaries, Parekh said HDFC has a unique structure, both as a single product financial company and parent of group companies. Our only call on our group companies is performance evaluation of the group CEOs, succession planning, acquisitions and key investments,” he said. HDFC has various subsidiaries like Gruh Finance, HDFC Standard Life Insurance, HDFC ERGO General Insurance, HDFC Credila Financial Services and HDFC Pension Management Company which can be listed. “We now hope to extract greater value from our group companies and explore listing opportunities, where conducive.

Source: Mint June 25, 2017 08:37 UTC