HDFC Bank has agreed to sell its entire 10 per cent stake in the Goods and Services Tax Network (GSTN) consisting of ten lakh equity shares of Rs 10 each for a total consideration of Rs 1 crore to various state governments and Union Territories.

The transferees are governments of Rajasthan, Sikkim, Karnataka, Andhra Pradesh, Meghalaya, Bihar, Nagaland, Himachal Pradesh, Puducherry, Mizoram, Uttarakhand, Haryana and Assam.