RBI allows HDFC Bank group to hold up to 9.5% in IndusInd Bank

HDFC Bank's group companies are now allowed to invest within the limit set by RBI while complying with regulations.
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RBI allows HDFC Bank to hold up to 9.5% stake in IndusInd Bank, with no board seat

The approval covers the combined or “aggregate holding” of HDFC Bank and its group entities, where HDFC Bank is the promoter ...
Outlook Business on MSN

HDFC Bank Gets RBI Nod for Raising Stake in IndusInd Bank Up to 9.5%

HDFC Bank has secured Reserve Bank of India approval to raise its stake in IndusInd Bank up to 9.5 pc, according to ...
TheStreet.com

New federal guidance allows banks to use crypto for fees

The U.S. Office of the Comptroller of the Currency (OCC) has issued new guidance clarifying that national banks may hold crypto-assets on their balance sheets for the limited purpose of paying ...
Seeking Alpha

UBS Still A Critical Bank To Hold, As Credit Suisse Integration Finalizes

For today's article I am hopping across the pond to Europe and covering a significant Swiss bank, UBS (UBS), whose shares also trade on the NYSE in the US as well. After recently attending a regional ...
American Banker

Fed's Miran: Banks should hold more Treasuries, less reserves

Key Insight: Federal Reserve Gov. Stephen Miran said certain bank regulations are preventing the Fed from further shrinking its balance sheet. Expert Quote: "Trying to settle the ongoing debates on ...
Daijiworld

RBI approves HDFC bank to hold up to 9.5% stake in IndusInd bank

The Reserve Bank of India (RBI) has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5 per cent in ...