HDFC Bank completes stake sale in HDFC Credila for ₹9,553 cr
HDFC Bank sells 14,01,72,180 shares of HDFC Credila to a consortium of private equity companies BPEA EQT and ChrysCapital
HDFC Bank sells 14,01,72,180 shares of HDFC Credila to a consortium of private equity companies BPEA EQT and ChrysCapital
HDFC had announced sale of 90% of stake in Credila to a consortium of private equity firms including BPEA EQT and ChrysCapital for ₹9,060 cr in June 2023
HDFC's decision to bring down its stake to 10% in Credila comes after RBI’s mandate as HDFC Bank and HDFC approach their much-talked-about merger