HDFC Bank gets approval to acquire up to 9.5% stake in IndusInd Bank
HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to hold up to 9.50% stake in IndusInd Bank. The approval was granted through a letter dated December 15, and will remain valid for one year, until December 14, 2026. The RBI has stated that the total holding