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Naina Lal Kidwai, HSBC's country head, said it did not make sense to sell the shares after a fall in the stock's price. Axis Bank shares are down more than 20 per cent in 2008.
HSBC to hold its stake in Axis Bank
Aug 06 2008 , New Delhi
HSBC would like to hold on to its stake in private sector lender Axis
Bank in the short-term, its India head said on Wednesday.
Naina Lal Kidwai, HSBC's country head, said it did not make sense to sell the shares after a fall in the stock's price. Axis Bank shares are down more than 20 per cent in 2008.
Naina Lal Kidwai, HSBC's country head, said it did not make sense to sell the shares after a fall in the stock's price. Axis Bank shares are down more than 20 per cent in 2008.
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