HDFC Bank Ltd: Key Developments
The Hong Kong Monetary Authority Grants HK Banking License To HDFC Bank Limited-DJ
August 3, 2009 |
| Dow Jones reported that The Hong Kong Monetary Authority said that it has granted a banking license to HDFC Bank Limited. |
HDFC Bank Limited Declares Dividend
July 15, 2009 |
| HDFC Bank Limited announced the declaration of dividend at the rate of 100% (i.e INR 10 per share). |
BankMuscat Completes Sale Of Entire Stake In HDFC Bank Limited
June 30, 2009 |
| BankMuscat announced that, reference to announcement on June 16, 2009, it has completed the sale of its remaining holding in HDFC Bank Limited. |
BankMuscat Announces Sale Of Entire Stake In HDFC Bank
June 16, 2009 |
| BankMuscat announced its intention to dispose of its remaining 0.5% holding in HDFC Bank, India. Subject to market conditions and other disposal criteria, it expect the sale process to conclude within the next thirty days. |
Citigroup Inc.'s Financial Woes Trigger HDFC Bank Limited Stake Sale Talk Again-The Economic Times
June 8, 2009 |
| The Economic Times reported that Citigroup Inc. under pressure from US regulators to raise fresh capital and change its leadership, has a potentially-ready source of capital - its 11.73% stake in HDFC Bank Limited. At current share prices, the beleaguered American lender's stake is worth INR8,070 crore or $1.71 billion, which is nearly 9% of Citigroup's market capitalisation. |
|
|
Page generated 11/23/2009 4:47 AM Eastern Time
- MSN Money
- Search MSN Money
- Message Boards
- Site Status
Recent News