HDFC Bank divests over 2% stake in CDSL for Rs 222.71 crore
- HDFC Bank has divested more than 2% stake in Central Depository Services (India) Ltd (CDSL) in tranches during June-August 2021 for Rs 222.71 crore.
- CDSL provides depository services to market participants. It has three operating services: depository, data entry and record keeping of KYC documents of capital market investors, and repository.
Points to remember:
- Which bank sold around 2% of its stake in CDSL for Rs 222.71 crore?= HDFC Bank
- HDFC Bank sold its stake of around 2% in CDSL for what amount?= Rs 222.71 crore
Source: Livemint