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Source: Economic Times
Economic Times
Source
RBI & Policy
Category
4 min
Read time
20 Aug
Published
RBI & Policy
4 min read· Economic TimesLIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%
Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to 9.99 percent. Currently, LIC holds 4.11 percent of HDFC Bank's total share capital. The approval grants LIC flexibility to raise its investment in the lender. This development stre…
Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to 9.99 percent. Currently, LIC holds 4.11 percent of HDFC Bank's total share capital. The approval grants LIC flexibility to raise its investment in the lender. This development stre
#RBI#HDFC
Source: Economic Times