HDFC is to fully acquire venture capital arm HVCL by buying shares from which bank? Options: A . &nbspAxis Bank B . &nbspICICI Bank C . &nbspSBI D . &nbspRBI

HDFC is to fully acquire venture capital arm HVCL by buying shares from which ba

Question

HDFC is to fully acquire venture capital arm HVCL by buying shares from which bank?

Options:

A . Axis Bank

B . ICICI Bank

C . SBI

D . RBI

Answer: Option C

According to HDFC Bank, it will acquire its venture capital subsidiary HVCL by buying out the State Bank of India's 19.5 percent stake in the company.

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