Company Announcements

Ref. No.: SE/2021-22/269

January 3, 2022

BSE Limited                                                               National Stock Exchange of India Limited

P. J. Towers                                                                 Exchange Plaza, Plot No. C/1, G Block

Dalal Street                                                                 Bandra-Kurla Complex

Mumbai 400 001                                                         Bandra (East), Mumbai 400 051

Kind Attn: Sr. General Manager                               Kind Attn: Head - Listing

 DCS - Listing Department

Dear Sirs,

Sub:    Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, we would like to intimate the following:

1.   Loans assigned:

·    During the quarter ended December 31, 2021, the Corporation assigned loans amounting to ₹ 7,468 crore compared to ₹ 7,076 crore in the corresponding quarter of the previous year. All the loans assigned during the quarter ended December 31, 2021 were to HDFC Bank pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank.

·    Loans sold in the preceding 12 months amounted to ₹ 27,591 crore (Previous Year: ₹ 16,956  crore).

2.   Gross income from dividend for the quarter ended December 31, 2021 was ₹ 195 crore (PY: ₹ 2 crore).

3.   During the quarter ended December 31, 2021, the profit on sale of investments was nil (PY: ₹ 157 crore).

4.   In accordance with the Non-Banking Financial Company - Housing Finance Company (Reserve Bank) Directions, 2021, with effect from December 1, 2021, the Corporation is required to maintain Liquidity Coverage Ratio (LCR) of a minimum of 50%.  As at December 31, 2021, for the purpose of LCR, the Corporation is carrying approximately ₹ 27,000 crore of unencumbered High Quality Liquid Assets (HQLA), held entirely in government securities. Further, approximately ₹ 13,000 crore of HQLA is held for Statutory Liquidity Ratio requirements against deposits and ₹ 15,000 crore is being maintained for general liquidity purposes.

Thus, in aggregate, the Corporation has liquidity buffers of approximately ₹ 55,000 crore.

Kindly note that all the figures are subject to limited review by the statutory auditors of the Corporation.

We request you to bring the above to the notice of all concerned.

Thank you.

Yours faithfully,

For Housing Development Finance Corporation Ltd.

Ajay Agarwal

Company Secretary

CC: London Stock Exchange

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