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HDFC Bank gets RBI nod to hike stake in six banks

by The Technical Blogs
written by The Technical Blogs

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HDFC Bank has secured RBI approval to increase its stake in six banks, including Axis, ICICI, and Yes Bank. The approval allows HDFC and its affiliates to hold up to 9.5% of the share capital or voting rights in these banks, subject to RBI regulations. The approval is valid until Feb 4, 2025.

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