Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 149)

2024-04-01 Banking

149.

What percentage of stake does HDFC Bank plan to divest in HDFC Education and Development Services?

50%

75%

100%

25%

Answer: Option

Explanation:

HDFC Bank intends to divest its entire 100% stake in HDFC Education and Development Services. This decision is part of the bank's strategy to ensure transparency and regulatory compliance in the selection process for a buyer through the Swiss challenge method.