-3.95 (-0.42%) HDFC Bank’s promoters have slashed their holding in the bank by 11 basis points (bps) during the January-March quarter. Post to this, the promoters shareholding in the bank stood at 22.83% as on March 31, 2013 against 22.94% at the end of the immediate preceding quarter. Meanwhile, Foreign Institutional Investors (FIIs) scaled up their holdings by 41 bps in the March quarter.
On the other hand, Domestic Institutional Investors (DIIs) cut their stake by 36 bps during the quarter, lowering their overall holding down to 8.59% - a reduction of 191 bps against the holding on March, 2012.