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HDFC likely to sell 4.2% stake in Gruh Finance today

Updated : June 14, 2019 07:58 AM IST

HDFC sold more than 4.47 crore equity shares representing 6.10 percent of paid-up capital of Gruh on May 24, 2019.
Gruh Finance reported revenue at Rs 2,062.65 crore for FY19 against Rs 1,687.19 crore in FY18.
In March, RBI granted its approval for the merger between Gruh Finance and Bandhan Bank. The deal was announced in January 2019.

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