Epic Research

Friday, September 26, 2014

Epic Research Update : HDFC Bank

Epic Update HDFC BankHDFC Bank had approached the FIPB for increasing the foreign holding in the bank to 67.55 per cent from 49 per cent. If the proposal of the bank to raise foreign investment to 67.55 per cent is accepted, it would exceed the cap of 74 per cent, after taking into account parent HDFC’s stake.

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