HDFC Bank To Acquire Stake In These 3 Banks

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,
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 approves HDFC Bank to invest in Kotak Mahindra Bank and others
The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate stake in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Fin
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 gets Reserve Bank of India nod for stake hike in three banks
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 gets RBI nod to hike group stake in 3 banks
HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra.
RBI allows HDFC Bank to invest in Kotak Mahindra, AU Small Finance, Capital Small Finance
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
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 RBI Nod To Acquire 9.5% Stake In AU Small Finance Bank
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 (SFB) within one year of the approval date. If the acquisition is not completed within this timeframe,
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.
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