HDFC Bank executes agreement to acquire stake in CSC

28 Feb 2019

HDFC Bank has executed an agreement for subscribing to 37,993 equity shares of face value of Rs 1,000 each to be issued by CSC E- Governance Services India (CSC) at Rs 3,848 per equity share (Transaction). The Transaction is for 9.11% equity stake in CSC as a strategic investment by the bank.

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.

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