Today news
About the same in other media
LIC gets a green signal to raise stake in HDFC Bank: Can this help boost investor sentiment in the lender's stock?
Reading now: 118
Life Insurance Corporation of India Ltd (LIC) could now acquire as much as 9.99% of HDFC Bank, the private lender notified the exchanges on Thursday. The largest insurance business in India, LIC, has received approval from the Reserve Bank of India (RBI) to purchase up to a 9.99% share in the country's largest private sector bank.
In its exchange statement, HDFC Bank stated that the permission was given with regard to the application that LIC submitted to RBI. The approval granted by RBI is subject to the conditions.
Read more on livemint.comAbout this in other media
Market cap of 7 out of top 10 most valued firms decline by ₹1.16 lakh crore; HDFC Bank biggest laggard livemint.com /9 months ago
LIC gets RBI approval to acquire 9.99% holding in HDFC Bank economictimes.indiatimes.com /9 months ago
Senior citizen 5-year fixed deposit (FD) rates of SBI, HDFC Bank, ICICI Bank, PNB vs SCSS: What should elderly prefer? livemint.com /9 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
