HomeNewsBusinessPBOC buys 1.1% HDFC shares on behalf of Chinese sovereign wealth fund, Saudi picks 0.7% stake: Deepak Parekh

PBOC buys 1.1% HDFC shares on behalf of Chinese sovereign wealth fund, Saudi picks 0.7% stake: Deepak Parekh

Saudi Arabian Monetary Authority (SAMA) too have picked up 0.7 percent in HDFC on behalf of Saudi sovereign wealth fund, Parekh said. SAMA’s name isn’t reflecting in the names of major shareholders since the holding is less than one percent of the company.

Dinesh Unnikrishnan

April 13, 2020 / 07:14 IST

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Deepak Parekh, Chairman, HDFC

Dinesh Unnikrishnan

first published: Apr 12, 2020 03:50 pm

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PBOC buys 1.1% HDFC shares on behalf of Chinese sovereign wealth fund, Saudi picks 0.7% stake: Deepak Parekh

Saudi Arabian Monetary Authority (SAMA) too have picked up 0.7 percent in HDFC on behalf of Saudi sovereign wealth fund, Parekh said. SAMA’s name isn’t reflecting in the names of major shareholders since the holding is less than one percent of the company.

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