HDFC divests 90 percent stake in HDFC Credila in Rs 9060 crore deal before merger
HDFC has sold 90 per cent stake in HDFC Credila. Before the merger, the RBI had given HDFC two years to bring down its stake in Credila to 10 per cent. Till now HDFC had 90 per cent stake in Credila, which has now been sold by the company.