HDFC Bank To Consider Bonus Share Issue, Special Interim Dividend On July 19
HDFC Bank recently sold stake worth Rs 10,000 crore in its NBFC unit HDB Financial Services Ltd. as part of the Offer For Sale (OFS) component during its IPO. A bonus issue is the distribution of free shares to eligible shareholders. The share price falls in the ratio of the bonus allotment at the ex-date. … Read more