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RBI approves HDFC subsidiaries to buy 9.5% stake in IndusInd Bank
HDFC units are allowed to jointly purchase up to 9.5% of IndusInd Bank’s paid-up share capital or voting rights, within one ...
India's central bank has approved HDFC Bank's subsidiaries to acquire up to a 9.5% stake in smaller peer IndusInd Bank , the ...
As FDI in pension fund management is statutorily linked to the insurance sector, this reform will pave the way for fully ...
HDFC Bank emphasized that it does not plan to make a direct investment. The approval was sought because the cumulative ...
IndusInd Bank said that HDFC Bank must ensure that the “aggregate holding” in the IndusInd would not exceed 9.50% of the paid ...
HDFC Bank has received RBI approval to hold up to a 9.5% stake in IndusInd Bank through its group entities. Analysts say the ...
PFRDA’s move is part of the government's effort to increase the scheme's reach among different stakeholders. Corporate firms ...
HDFC Bank's group entities have received RBI approval to acquire up to 9.50% in IndusInd Bank. The approval, valid until ...
As of the September quarter shareholding pattern, HDFC Midcap Fund, part of HDFC Mutual Fund, owned a 4.03% stake in IndusInd ...
HDFC Bank's group companies are now allowed to invest within the limit set by RBI while complying with regulations.
SBI, HDFC Bank, RBL Bank, and Can Fin Homes are in focus today as market watchers track key banking and finance stocks for ...
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HDFC Bank gets RBI nod to hold upto 9.50% stake in IndusInd Bank
HDFC Bank said that the Reserve Bank of India (RBI) has given its approval to the bank to acquire 'aggregate holding' of up to 9.50% of the paid-up share capital or voting rights in IndusInd Bank.
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