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HDFC Bank gets RBI nod to hold upto 9.50% stake in IndusInd Bank

HDFC Bank said that the Reserve Bank of India (RBI) has given its approval to the bank to acquire 'aggregate holding' of up to 9.50% of the paid-up share capital or voting rights in IndusInd Bank.

Armed with new RBI approvals, HSBC India's Hitendra Dave wants a seat at the big banks' table

HSBC India's CEO Hitendra Dave plans to expand the bank's presence by opening 20 new branches after receiving RBI approval.

ICICI Prudential AMC IPO GMP: Rs 10,603-crore IPO subscribed 2x on Day 2, check latest GMP

Non Institutional Investors (NII) lead the subscription numbers, booking their reserved portion nearly 4 times.

ICICI Prudential AMC IPO day 3: Issue subscribed over 39 times on final day, GMP at 14%; check key details

ICICI Prudential AMC’s IPO entered its final day of bidding amid strong investor interest, supported by a firm grey market ...

India's HDFC Bank subsidiaries get nod to buy up to 9.5% stake in IndusInd Bank

India's central bank has approved HDFC Bank's subsidiaries to acquire up to a 9.5% stake in smaller peer IndusInd Bank , the ...
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HDFC Bank gets RBI nod to acquire up to 9.5% stake in IndusInd Bank

Indian lender IndusInd Bank said on Tuesday that the country's central bank had approved HDFC Bank to acquire up to a 9.50% ...

SBI plans to add 6,500 staff for YONO 2.0 as it targets 200 million digital users

State Bank of India has launched YONO 2.0, a completely rewritten version of its digital banking platform, to accelerate ...

ICICI Prudential AMC IPO GMP Day 3 Live Updates: Issue gets over 39x overall subscription on strong demand from QIBs; GMP rises to 15%

Qualified Institutional Buyers led the bidding on the final day. The grey market premium on the IPO climbed above 15%, ...