Section

HDB Financial Services: Japan-based MUFG to acquire 20% stake in HDFC Bank's non-banking arm at close $10 bn valuation

By Livemint - a month ago
The transaction will be one of the largest deals in India's shadow banking sector. HDFC Bank currently owns around 95 per cent of HDB Financial Services, with the remaining 5 per cent held by employees under an ESOP scheme.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.