HDFC Bank gets RBI nod to acquire up to 9.5% stake in ICICI

HDFC Bank gets RBI nod to acquire up to 9.5% stake in ICICI Bank, 5 others

As per RBI directions, HDFC Bank will have to ensure that the aggregate holding in the 6 banks does not exceed 9.50 per cent of the paid up share capital or voting rights of the respective banks, at all times.

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