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HDFC Bank's subsidiaries have received approval from the Reserve Bank of India (RBI) to acquire up to 9.5% stake in the IndusInd Bank. In an exchange filing late on Monday, India's largest private ...

The bank had made the application to the RBI on behalf of the group entities on October 24 and received a letter of approval from the regulator on Monday. HDFC group’s stake crossing the 5% threshold ...

IndusInd Bank said on Tuesday the Reserve Bank of India (RBI) has approved HDFC Bank’s plan to buy up to a 9.50 per cent stake in the private lender. The approval allows HDFC Bank to become a ...

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In a major development in the banking space, HDFC Bank Ltd. has confirmed it has received approval from the Reserve Bank of India to acquire up to 9.5% of the aggregate holding in Indusind Bank Ltd.

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