HDFC Bank will buy major stake in IndusInd, RBI approved, know what will be the effect.
The Reserve Bank of India has given approval for a big deal in the banking sector. HDFC Bank to IndusInd Bank (IndusInd Bank) has received permission to buy about ten percent stake. RBI has approved HDFC Bank Ltd’s application to acquire aggregate stake up to 9.5 per cent of the paid-up share capital or voting … Read more