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China central bank raises stake in India's HDFC

  • Region:

    Mumbai, India, China

  • Sector:

    Banks

  • Deal Size:

  • Buy Side Company:

    People's Bank of China

  • Sell Side Company:

    HDFC Bank Ltd

  • Target Company:

The People’s Bank of China increased its stake in Housing Development Finance Corp Ltd to 1.01% from 0.8%. China's central bank held about 17.5 million shares in HDFC, as of March-end, according to quarterly data filed to exchanges by India's biggest mortgage lender.

Tags:

US;HDFC;PBOC;STAKE;People's Bank of China;Company News;India;Financials (TRBC);Financials (Legacy);China (PRC);Equity Investments;Central Banks / Central Bank Events;Asia / Pacific;Equities Markets;Deals;Emerging Market Countries

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