The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
HDFC Bank has compounded capital at region-leading rates for decades. Read why HDB stock offers strong growth potential for ...
HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments ...
RBI approves HDFC Bank group to acquire up to 9.50% stake in Kotak Mahindra, AU Small Finance, and Capital Small Finance ...
AU SFB announced after market hours on Friday, via a regulatory filing, that approval has been granted to HDFC Bank and its ...
HDFC Bank shares decline as loan-to-deposit ratio falls, leading brokerages maintain positive outlook on improved deposit ...
The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate ...
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 ...
According to a regulatory filing by AU Small Finance Bank, the central bank issued a letter on January 3, 2025, permitting ...
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 ...