Tag: Banking Regulation Act

The RBI approval has been granted with reference to the application made by HDFC Bank (Representative image/REUTERS)
Posted in Business

HDFC Bank gets RBI nod for raising stake in IndusInd Bank up to 9.5 pc| Business News

HDFC Bank has got the Reserve Bank’s nod to hike its stakes in another private sector lender, IndusInd Bank, up to 9.5 per cent. The…

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Posted in Economy

RBI tweaks related party lending rules, unveils ‘unified’ framework

MUMBAI: The Reserve Bank of India (RBI) has expanded the related party transaction guidelines to include promoters, key management persons (KMPs), shareholders with equity of…

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