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The Reserve Bank of India (RBI) has eased regulatory restrictions on HDFC Bank and Housing Development Finance Corporation (HDFC) to expedite their ongoing merger which is set to close by July 2021. HDFC Bank or HDFC Limited can control more than 50% of HDFC Life Insurance Company Limited and HDFC ERGO General Insurance Company Limited, confirms RBIs new guideline. , Companies News, Times Now ....