by newsworm | Jan 4, 2025 | Au Small Finance Bank, Banking, HDFC Bank, RBI
HDFC Bank has received approval from the Reserve Bank of India (RBI) to acquire a 9.55% stake in AU Small Finance Bank. The development comes after the bank had earlier received approval from the Securities and Exchange Board of India (SEBI) in October 2022. HDFC Bank... by newsworm | Jan 4, 2025 | Au Small Finance Bank, Banking, HDFC Bank, RBI
The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire a 9.5% stake in AU Small Finance Bank. This follows HDFC Bank’s plan to increase its ownership in the small finance bank, which is a leading player in the microfinance and small...