HDFC Bank announced the completion of selling its stake in HDFC Credila, its education finance arm, for Rs 9,552.73 crore to private equity firms BPEA EQT and ChrysCapital. The sale, part of regulatory requirements preceding the merger of mortgage lender Housing Development Finance Corp with HDFC Bank, was finalized after its announcement in June the previous year.
from Banking/Finance-Industry-Economic Times https://ift.tt/1jU8mu5
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