Nearly 8 years ago, a RBI notification had triggered possible HDFC-HDFC Bank merger talks : Rashtra News #years #RBI #notification #triggered #HDFCHDFC #Bank #merger #talks Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds
Back in July 2014, RBI had issued a notification saying banks do not have to maintain Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for funds raised through the route, and also exempted them from meeting priority-sector lending targets on such funds, , hdfc bank, hdfc, merger, cash reserve ratio, statutory liquidity ratio, reserve bank of india