Nifty, Sensex closed marginally higher on December 13, with late buying in power, realty, pharma and auto stocks offsetting losses in IT, metal, and oil & gas
The bank s net interest margin stood at 4.07% for the quarter under review as compared with 4.10% in the year-ago period. Net interest income rose 11.5% at Rs 915 crore.
RBI approval is with a caveat that HDFC shall not exceed its holding in the bank beyond the 9.5% limit, an exchange filing said. If HDFC AMC s aggregate holding falls below 5%, prior approval of RBI will be required to increase it to 5% or more.
Karur Vysya Bank: Jhunjhunwala held 4.50 per cent stake while Ashish Dhawan (1.3 per cent stake) and Mukul Agrawal (1.25 per cent) also held over one per cent stake in the bank at the end of June quarter.