RBI allows LIC to increase holding in HDFC Bank from 4.11% to 9.99%
Image used for representational purposes. File | Photo Credit: Reuters The Reserve Bank of India RBI has accorded its approval to Life Insurance Corporation of India (LIC) for acquiring an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in HDFC Bank Ltd., the bank said in a filing with…
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