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Answer

Correct Option is HDFC Bank

Solution:HDFC Bank all set to buy all Shares from parent company to group firm HDFC ERGO General Insurance Company Housing Development Finance Corporation (HDFC). The board of HDFC Bank gave its approval for this during its meeting. These shares are worth Rs 1,906.43 crore This means that their total return is Rs 536 per share.
HDFC Bank along with its subsidiary HDFC Securities will buy 8,108 Compulsory Convertible Cumulative Preference Shares (CCCPS) face value of Rs 6.9 crore of Borderless Softtech at a premium of Rs 606.60 at Rs 6.16.60 per piece.

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