Bank Muscat to sell 0.5pc stake in HDFC Bank

 
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Bank Muscat
Mumbai, Jun 16: Bank Muscat announced on Tuesday, Jun 16 that it is planning to sell its remaining holding in India's second largest private sector lender HDFC Bank within a month.

As of Dec 31, 2008, Bank Muscat held 9,051,724 equity shares, representing 2.13 pc stake in HDFC Bank. In March the Bank Muscat had sold 81 pc of its holding in the Indian lender.

OneIndia News


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