Tuesday, 16 June 2015

Not in talks with CSB Promoters: HDFC Bank

HDFC Bank continues its practise of fair and prompt disclosure of information in pursuance of the Listing Agreement with the Stock Exchanges 

HDFC Bank has clarified that it is not in talks with Catholic Syrian Bank for purchasing promoters' stake.

The Bombay Stock Exchange on Monday had sought clarification from HDFC Bank with respect to news appearing in The Economic Times on June 15, 2015 titled "CSB Promoters in Talks with Banks to Sell Stake."

The Bank hereby clarifies that it is not in talks with the entities mentioned in the said news item for purchasing promoters' stakes, HDFC Bank said in a filing to BSE.

The Bank continues its practise of fair and prompt disclosure of information in pursuance of the Listing Agreement with the Stock Exchanges, it added. 

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