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

HDFC Bank has received RBI approval to allow its group entities to collectively hold up to 9.50% stake in IndusInd Bank, valid until December 14, 2026.

On Monday, Indian Railway Finance Corporation (IRFC) became the third public sector entity-after Power Finance Corporation ...

The RBI has allowed HDFC Bank and its group firms to buy up to 9.5 per cent stake in IndusInd Bank within one year, as the private lender faces losses and governance issue ...

The bank notes that the approval is valid for a period of one year from the date of RBI’s letter (till 14 December 2026) ...

IndusInd Bank is planning to issue show-cause notices to its former top executives, aiming to reclaim previously paid bonuses following discovered accounting discrepancies.

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RBI has mandated that HDFC Bank acquire a major shareholding in IndusInd Bank within one year of the approval, failing which it will be cancelled.| Business News ...

HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange ...

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