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RBI allows LIC to increase holding in HDFC Bank from 4.11% to 9.99%
RBI approves LIC's increase in HDFC Bank stake from 4.11% to 9.99% amid stock performance concerns.
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thehindubusinessline.com
RBI approves LIC to raise stake in HDFC Bank to 9.99%
RBI has approved LIC to raise its stake in HDFC Bank to 9.99% from 4.11%, giving India’s largest insurer scope to increase its holding in the lender.
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economictimes.indiatimes.com
LIC 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…
