Tag: RBI approval

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Posted in Economy

RBI tightens scrutiny of overseas investments as outflows surge to $27 billion in FY26

Mumbai: Amid austerity calls to conserve hard currency, regulatory authorities are scrutinising whether India Inc’s overseas direct investments (ODI) have gone into “bona fide businesses.”…

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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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