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HDFC Bank Finalizes Divestment of HDFC Edu Stake
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HDFC Bank Finalizes Divestment of HDFC Edu Stake

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Hdfc Bank ( (HDB) ) has provided an update.

HDFC Bank has completed the sale of its remaining 9% stake in HDFC Edu to Vama Sundari Investments for Rs. 17.28 crore, finalizing the divestment earlier initiated in 2024. This transaction concludes the bank’s exit from HDFC Edu, potentially allowing it to reallocate resources and focus on core banking operations, thus impacting its strategic positioning within the market.

More about Hdfc Bank

HDFC Bank is a prominent financial institution in India that offers a wide range of banking and financial services. It operates in the banking sector, providing services such as retail banking, wholesale banking, and treasury operations.

YTD Price Performance: -3.30%

Average Trading Volume: 2,796,774

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $159.4B

See more insights into HDB stock on TipRanks’ Stock Analysis page.

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