HDFC AMC allowed to acquire aggregate holding of upto 9.5% each in 5 banks

The said RBI approval is given pursuant to the application of HDFC AMC in accordance with the Master Direction – Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights in Banking Companies) Directions, 2023 dated January 16, 2023

from | The Hindu https://ift.tt/ISLbGs2