HDFC Bank Gets RBI Approval To Raise Stake In IndusInd Bank Up To 9.5%

SUMMARY

AI Generated Content
  • RBI OKs HDFC Bank to raise IndusInd Bank stake up to 9.5%.
  • Approval valid for one year; holdings can't exceed 9.5%.
  • HDFC Bank can't have board representation in IndusInd Bank.
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