The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.

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 ...

Before locking in a fixed deposit (FD), it is recommended to compare the interest rates offered by different banks to ...

The Reserve Bank of India (RBI) has granted HDFC Bank approval to acquire up to a 9.5 per cent stake in AU Small Finance Bank ...

Besides, AU Small Finance Bank, HDFC Bank will also acquire up to 9.5% aggregate holding in Kotak Mahindra Bank and Capital ...

Indian private lending giant, HDFC Bank, has been given permission by the Reserve Bank of India (RBI) to purchase up to 9.5 ...

The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate ...

HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments ...