UBS Group buys 3.07 million shares of HDFC Bank

SWISS financial services company UBS Group on Wednesday bought shares of private sector lender HDFC Bank for over ₹5.43 billion (£48.59 million) through an open market transaction.

According to the block deal data available on the BSE, UBS Group’s arm UBS Principal Capital Asia purchased 3.07 million shares of Mumbai-based HDFC Bank.