Date:08/07/2008 URL: http://www.thehindu.com/2008/07/08/stories/2008070855141600.htm

Business

Citi may sell stake in HDFC

NW DELHI: Citigroup may sell its stake worth $2 billion in HDFC, a British media report said. Battered by billions of dollars of losses from the sub-prime crisis, Citi has embarked on a major restructuring drive led by its India-born Chief Executive Vikram Pandit, reports The Sunday Times.