FPI shareholding in HDFC Bank

HDFC Bank may see inflows of up to $4 billion as MSCI weightage set to rise

HDFC Bank may see inflows of up to $4 billion as MSCI weightage set to rise

HDFC Bank Ltd., India's largest private sector lender released its shareholding pattern for the April-June quarter, which has seen holdings from Foreign Portfolio Investors (FPIs) decline further compared to the March quarter. The resultant decline is likely to result in the lender getting inflows between $3 billion to $4 billion as its weightage in the MSCI indices stands to increase from current levels.As per data shared on the BSE, holdings of Foreign Portfolio Investors fell to 54.83% from 55.54% at the end of the March quarter. Of this holding, FPIs hold 47.17% in the Indian entity, a figure down from…
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