HDFC Financial institution will get RBI nod to hike group stake in 3 banks

HDFC Financial institution will get RBI nod to hike group stake in 3 banks

MUMBAI: HDFC Financial institution has knowledgeable the inventory exchanges that it has obtained approval from RBI for its group entities to hike investments in Kotak Mahindra Financial institution, AU Small Finance Financial institution, and Capital Small Finance Financial institution as much as 9.5% of their share capital.RBI, by letters dated Jan 3, granted approval to…

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