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HDFC Bank-IndusInd deal: HDFC Bank gets RBI nod to acquire up to 9.5% stake in IndusInd Bank

The Reserve Bank of India (RBI) on Monday approved HDFC Bank s proposal to acquire nearly 9.5 per cent stake in IndusInd Bank, the company said in an exchanges filing. ....

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yes bank-hdfc: RBI allows HDFC Bank Group to acquire 9.5% stake in Yes Bank

RBI has granted approval to HDFC Bank for acquiring up to 9.5% stake in Yes Bank. The approval is subject to compliance with relevant regulations. Separately, HDFC Bank reportedly clarified that the approval for acquiring stake in IndusInd Bank applies to the HDFC Bank Group, not HDFC Bank itself. ....

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