HDFC Bank Limited
PPFAS Mutual Fund raised its stake in HDFC Bank from 1.19% to 1.26% by purchasing 93,96,508 shares.
One of India's largest private sector banks, HDFC Bank operates as a comprehensive financial services provider headquartered in Mumbai. The bank offers retail banking, wholesale banking, and treasury operations across the country. It maintains a strong presence through its extensive branch network and digital banking platforms, serving individual and corporate customers with a range of deposit, lending, investment, and advisory products tailored to diverse financial needs.
Founded by Parag Parikh Financial Advisory Services, best known for the Parag Parikh Flexi Cap Fund which invests in both Indian equities and select global large-caps including Meta, Alphabet, and Microsoft. Manages over Rs 1.2 lakh crore with a concentrated, long-duration, value-focused approach. CIO Rajeev Thakkar is one of India's most respected investors with a Munger-influenced thinking style.