HDFC Bank has agreed to sell its entire stake of 10% in the equity share capital of Goods & Services Tax Network consisting of 10 lakh equity shares of Rs 10 each, for a total consideration of Rs 1 crore to various State Governments and Union Territories. The time period for completion of the sale is by end of December 2019.
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.
