HDFC Bank Limited
The Government of Singapore decreased its stake in HDFC Bank Limited from 2.39% to 2.17%, selling 28,673,616 shares. The value of the remaining stake is approximately ₹21,147.8 Cr.
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.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.