<P> HDFC Bank merged with Times Bank in February 2000 . This was the first merger of two private banks in the New Generation private sector banks category . In 2008, Centurion Bank was acquired by HDFC Bank . HDFC Bank Board approved the acquisition of CBoP for 95.1 billion INR in one of the largest mergers in the financial sector in India . </P> <P> The equity shares of HDFC Bank are listed on the Bombay Stock Exchange and the National Stock Exchange of India . Its American Depository Shares are listed on NYSE and the global depository receipt are listed on the Luxembourg Stock Exchange where two GDRs represent one equity share of HDFC Bank . </P> <Table> <Tr> <Th> Shareholders (as of 31 December 2015) </Th> <Th> Shareholding </Th> </Tr> <Tr> <Td> Promoter group (HDFC) </Td> <Td> 21.57% </Td> </Tr> <Tr> <Td> Foreign institutional investors (FII) </Td> <Td> 32.4% </Td> </Tr> <Tr> <Td> Individual shareholders </Td> <Td> 8.5% </Td> </Tr> <Tr> <Td> Bodies corporate </Td> <Td> 7.5% </Td> </Tr> <Tr> <Td> Insurance companies </Td> <Td> 5.38% </Td> </Tr> <Tr> <Td> Mutual funds / UTI </Td> <Td> 8.65% </Td> </Tr> <Tr> <Td> NRI / OCB / others </Td> <Td> 0.29% </Td> </Tr> <Tr> <Td> Financial institutions / banks </Td> <Td> 2.75% </Td> </Tr> <Tr> <Td> ADS / GDRs </Td> <Td> 18.78% </Td> </Tr> </Table> <Tr> <Th> Shareholders (as of 31 December 2015) </Th> <Th> Shareholding </Th> </Tr>

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