HDFC Bank is all set to acquire 4.95% equity stake in National Securities Depository (NSDL). The Bank currently holds 5% of the total equity capital of NSDL. It is proposed to increase the stake in NSDL to 9.95% from an investment perspective. The proposed acquisition is expected to complete by end of December 2018.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.
| Company Name | CMP |
|---|---|
| HDFC Bank | 770.50 |
| ICICI Bank | 1268.40 |
| Axis Bank | 1271.00 |
| Kotak Mahindra Bank | 381.10 |
| Indusind Bank | 924.55 |
| View more.. | |
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