According to a regulatory filing by AU Small Finance Bank, the central bank issued a letter on January 3, 2025, permitting ...
Indian private lending giant, HDFC Bank, has been given permission by the Reserve Bank of India (RBI) to purchase up to 9.5 ...
Besides, AU Small Finance Bank, HDFC Bank will also acquire up to 9.5% aggregate holding in Kotak Mahindra Bank and Capital ...
The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate ...
The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
Before locking in a fixed deposit (FD), it is recommended to compare the interest rates offered by different banks to ...
RBI approves HDFC Bank group to acquire up to 9.50% stake in Kotak Mahindra, AU Small Finance, and Capital Small Finance ...
Banking circles said the purchase should be seen as an investment and nothing more should be read into it. This is not the first time that the HDFC Bank group is picking up stakes in other lenders ...
AU Small Finance Bank has received approval from the RBI for HDFC Bank and its group entities to acquire up to 9.5% of its ...
The Reserve Bank of India (RBI) has granted HDFC Bank approval to acquire up to a 9.5 per cent stake in AU Small Finance Bank ...
HDFC Bank also disclosed it has also secured RBI’s nod to acquire up to a 9.5 percent aggregate stake in Kotak Mahindra Bank and Capital Small Finance Bank ...