HDFC Bank receives RBI nod for divestment of stake in HDFC Credila

HDFC Bank has received the approval of the Reserve Bank of India for sale of 90% stake of HDFC Credila Financial Services to (a) Kopvoorn B.V.,(which is a part of the BPEA EQT group) (b) Moss Investments, (c) Defati Investments Holding B.V., and (d) Infinity Partners (each (b), (c) and (d) are a part of ChrysCapital group).

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