FIIs dump 48 crore HDFC Bank shares as stock crashes 26% in March quarter
- Posted on April 6, 2026
- By Business News Today
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FIIs dump 48 crore HDFC Bank shares as stock crashes 26% in March quarter
FIIs offloaded nearly 50 crore shares of HDFC Bank in Q4 as the stock slumped 26% amid a governance crisis triggered by the exit of former chairman Atanu Chakraborty. While Sebi and the Reserve Bank of India reviewed the issue, Jefferies argued valuations now look compelling.