HDFC Bank said that it has received approval from markets regulator Reserve Bank of India (RBI) to offload 90 percent of HDFC Credila’s total issued and paid-up share capital.
The company said in an exchange filing, “ This is in connection with our earlier intimation dated June 19, 2023, wherein we had informed that erstwhile Housing Development Finance Corporation Limited (“HDFC Limited”) had executed definitive documents on the said day, for disinvestment/sale of approximately 90% of HDFC…
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