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HDFC Bank receives CCI approval for divestment of 90% stake in HDFC Credila Back
(09 Aug 2023)
HDFC Bank has received approval from Competition Commission of India (CCI) for sale of 13,29,49,207 equity shares (about 90% stake) of HDFC Credila Financial Services(HDFC Credila) 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.