Mufg Stake In Hdfc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bank of Tokyo-Mitsubishi UFJ (MUFG) is set to buy a 20% stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank, at a valuation of $9-10 billion. The decision is expected to take place next week at the HDFC Bank board meeting. The deal is expected to be among the largest deals in the shadow banking space in India. HDFC Bank owns 95% of the shadow bank, while employees own 5% as ESOPs. ....

Srinivasan Vaidyanathan , Financial Services , Asset Management Company , Reserve Bank , Management Company , Mufg Stake In Hdfc , Hdfc Bank , Reserve Bank Of India , Hdfc Banks Cfo , Hdfc Life ,