Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1524)
1524.
HDFC sells further __________ stake in Gruh Finance for ₹899 crore.
4.22%
3.55&
2.08%
5.00%
Answer: Option
Explanation:
HDFC has sold over 4.22% stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan Bank for ₹899.43 crore. Post the completion of the aforesaid sale of shares, Gruh would cease to be a subsidiary of the Corporation. Gruh is engaged in the business of providing home loans and is registered with the National Housing Bank as a housing finance company.
Discussion:
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