RBI gives nod to HDFC Bank’s arms to acquire up to 9.5% in IndusInd Bank | Company News
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire up to 9.5 per cent in IndusInd Bank through its group entities — HDFC Mutual Fund, HDFC Life Insurance, HDFC ERGO General Insurance, HDFC Pension Fund and HDFC Securities. “We wish to inform you that the RBI, vide…