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 nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
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 ...
However, if the acquisition is not completed within the mentioned timeframe, the approval for the deal will lapse, the ...
Indian private lending giant, HDFC Bank, has been given permission by the Reserve Bank of India (RBI) to purchase up to 9.5 ...
AM(IST)on Thursday in a weak market. Kotak Mahindra Bank Ltd.(up 0.73 per cent) and Au Small Finance Bank Ltd.(up 0.51 per ...
The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate ...
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 ...
The Reserve Bank of India (RBI) authorised HDFC Bank, the largest private lender in India, to purchase as much as a 9.5 per ...
Nifty Bank Index gains 0.84% with top performers like IndusInd Bank and Bank of Baroda; explore the market trends and gainers ...
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 ...