ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

  • google app store apple app store
  • тЬЦ

      Question

      What is the stake held by HDFC Bank in HDB Financial

      Services prior to the IPO launch?
      A 91.24% Correct Answer Incorrect Answer
      B 94.36% Correct Answer Incorrect Answer
      C 92.75% Correct Answer Incorrect Answer
      D 93.15% Correct Answer Incorrect Answer
      E 95.02% Correct Answer Incorrect Answer

      Solution

      Before the IPO, HDFC Bank holds a 94.36% stake in HDB Financial Services. Even after the IPO, HDB will remain a subsidiary of HDFC Bank to comply with RBIтАЩs upper-layer NBFC rules, which require listing by September 30, 2025.

      Practice Next
      More Beepedia Questions
      ask-question