As on (20 Mar 2023 | 21:42)
HDFC Bank update on scheme of amalgamation Back
(17 Jan 2023)
HDFC Bank announced that Financial Services Commission, Mauritius has granted its approval for the proposed transfer of shares of Griha Investments, a wholly-owned subsidiary of HDFC Holdings and a foreign step-down subsidiary of HDFC, from HDFC Holdings to HDFC Bank as a result of the proposed amalgamation of (i) HDFC Investments and HDFC Holdings , wholly-owned subsidiaries of Housing Development Finance Corporation (HDFC), with and into HDFC; and (ii) HDFC with and into HDFC Bank (HDFC Bank).