HDFC Bank gets RBI Nod to buy into IndusInd Bank

HDFC Bank gets RBI Nod to buy into IndusInd Bank

The Reserve Bank of India (RBI) has granted approval to the HDFC Bank Group to acquire stakes of up to 9.50 percent in various banks, including IndusInd Bank, Yes Bank, Axis Bank, ICICI Bank, Suryoday Small Finance Bank, and Bandhan Bank. The approval extends to HDFC Asset Management Company (AMC), HDFC Ergo, and HDFC Life … Read more