The stake sales comprise almost 80% of Rakesh and Rekha Jhunjhunwala’s joint holding of over 1.9 million shares in the company as on June 30, 2021. The shareholding data as on September 30, 2021, did not reflect the stakes of the Jhunjhunwalas. Rakesh Jhunjhunwala passed away on August 14.
HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bps
HDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by ten basis points.