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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 ...
Indian lender IndusInd Bank said on Tuesday that the country's central bank had approved HDFC Bank to acquire up to a 9.50% ...
Many commercial banks have reduced rates on products like FDs after the RBI decided to cut the repo rate by 25 basis points ...
Following the RBI's 25 basis point repo rate cut in December, HDFC Bank has reduced interest rates on retail fixed deposits ...
IndusInd Bank said that HDFC Bank must ensure that the “aggregate holding” in the IndusInd would not exceed 9.50% of the paid ...
The Reserve Bank of India (RBI) has granted approval to HDFC Bank's subsidiaries to acquire up to a 9.5% stake in IndusInd ...
HDFC Bank has announced a reduction in fixed deposit interest rates for amounts under ₹3 crore, mirroring a similar move by the State Bank of India.
Citi has maintained a “buy” rating on both ICICI Bank and HDFC Bank, highlighting their growth potential and market ...
State Bank of India has revised its fixed deposit interest rates, reducing them by 5 basis points for tenures between 2 to ...
HDFC Bank emphasized that it does not plan to make a direct investment. The approval was sought because the cumulative ...
HDFC Bank receives RBI approval to raise its group's stake in IndusInd Bank to 9.5%, ensuring regulatory compliance.
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