This increase, however, is applicable only to newly sanctioned loans and not existing loans, which means older borrowers will not be impacted by these hikes.
After the merger of parent HDFC Ltd, HDFC Bank is on the brink of a transformative journey, seizing opportunities while addressing the unique challenges ahead - Issue Date: Mar 31, 2024
RBI allows LIC to acquire up to 9.99% stake in HDFC Bank moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
The huge valuation premium HDFC Bank had enjoyed for long has moderated. But patient investors with a long-term view and staying power could perhaps reap rewards
RBI on December 19 said that regulated entities, such as banks, non-bank lenders and home financiers, cannot invest AIFs that have directly or indirectly invested in companies that have borrowed money from the lenders.