RBI allows HDFC Bank to acquire 9.50% stake in AU Small Finance Bank within 1 year
According to a regulatory filing by AU Small Finance Bank, the central bank issued a letter on January 3, 2025, permitting HDFC Bank and its affiliated companies (including HDFC Mutual Fund, HDFC Life Insurance,
HDFC Bank gets RBI nod to acquire up to 9.5% stake in AU Small Finance Bank
AU SFB announced after market hours on Friday, via a regulatory filing, that approval has been granted to HDFC Bank and its group companies—HDFC Mutual Fund, HDFC Life Insurance, HDFC Pension Management,
RBI grants approval to HDFC Bank to acquire up to 9.50% stake in AU SFB
Besides, AU Small Finance Bank, HDFC Bank will also acquire up to 9.5% aggregate holding in Kotak Mahindra Bank and Capital Small Finance Bank.
RBI lets HDFC Bank buy up to 9.5% each in AU SFB. Kotak Mahindra and Capital Small Finance Bank
The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire a 9.5 per cent stake in AU Small Finance Bank, Kotak Mahindra Bank and Capital Sm
RBI allows HDFC Bank to acquire up to 9.5% stake in Kotak Mahindra Bank, AU SFB, Capital SFB
RBI approves HDFC Bank group to acquire up to 9.50% stake in Kotak Mahindra, AU Small Finance, and Capital Small Finance Banks.
HDFC Bank secures RBI nod to acquire 9.5% stake in AU 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 stake. The acquisition, subject to regulatory compliance, must be completed within one year,
HDFC Bank Gets Nod From RBI To Purchase 9.5% Stake In AU Small Finance Bank
Indian private lending giant, HDFC Bank, has been given permission by the Reserve Bank of India (RBI) to purchase up to 9.5 per cent of AU Small Finance Bank within a year of the approval date. The approval will expire if the acquisition is not completed within this period.
HDFC Bank Secures RBI Green Light For 9.5% Stake In Kotak, AU, And Capital SFBs
HDFC Bank has received the Reserve Bank of India’s nod to acquire up to a 9.5 per cent combined stake in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank, marking a significant move in India’s banking sector.
HDFC Bank gets RBI nod to hike group stake in 3 banks
MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank up to 9.
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HDFC Bank Gets RBI Nod To Acquire 9.55 Stake In AU Small Finance Bank
The Reserve Bank of India (RBI) authorised HDFC Bank, the largest private lender in India, to purchase as much as a 9.5 per ...