HDFC AMC gets RBI nod to acquire up to 9.5% stake in Karur Vysya Bank

September 21, 2023

RBI approval is with a caveat that HDFC shall not exceed its holding in the bank beyond the 9.5% limit, an exchange filing said. If HDFC AMC’s aggregate holding falls below 5%, prior approval of RBI will be required to increase it to 5% or more.

More To Explore

‘On the edge…’: What social media conversations reveal about the current market mood

Social media analysis reveals bleak market sentiments among investors and experts. Market veteran Shankar Sharma highlights that the downturn is local and needs local solutions.

March 17, 2025

World’s biggest stock rout deepens as Thai market rescue falters

Thailand’s efforts to revive its struggling stock market with the Vayupak Fund have been unsuccessful. The SET Index has dropped 16% this year, driven by

March 17, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003