16th Jun 2009 07:00
RNS Number : 9505T
BankMuscat (S.A.O.G)
16 June 2009
Subject: Sale of BankMuscat stake in HDFC Bank
Further to a previous disclosure made by BankMuscat to the market on the 22nd March 2009, the Board of Directors confirms its intention to dispose of its remaining 0.5% holding in HDFC Bank, India. Subject to market conditions and other disposal criteria, we expect the sale process to conclude within the next thirty days.
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