HDFC to acquire stake in Credila

13 November 2009

HDFC to acquire stake in Credila

Capital Market / 05:27 PM , Nov 13, 2009

Subject to compliance with applicable regulations

Housing Development Finance Corporation (HDFC) has agreed to acquire approximately 41% in the fully diluted equity share capital of HDFC Credila Financial Services from DSP Merrill Lynch Capital on 13 November 2009, subject to compliance with applicable regulations.