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MoneyWorks4Me

HDFC Bank, HDFC Securities acquire 7.4% stake in Virtuoso Infotech

28 Jun 2021 Evaluate

HDFC Bank and its subsidiary HDFC Securities have acquired 7.4% stake in Virtuoso Infotech. Virtuoso Infotech specializes in product engineering and offers customized software solutions for enterprises across a wide range of sectors. 

This relationship will strengthen, company's vision to become a reliable software technology partner for Indian Enterprises and bank's objective to digitize under-served and under-penetrated segments using digital solutions.

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.

Peers
Company Name CMP
HDFC Bank 699.50
ICICI Bank 1385.25
Axis Bank 1209.00
Kotak Mahindra Bank 458.00
Indusind Bank 836.35
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