HDFC Bank has received approval from the Reserve Bank of India (RBI) to acquire up to a 9.5% stake in IndusInd Bank, paving the way for the country’s largest private lender to become a significant shareholder in the troubled private sector bank. IndusInd Bank informed stock exchanges on Tuesday that the approval was granted on … Continue reading HDFC Bank Gets RBI Nod to Acquire Up to 9.5% Stake in IndusInd Bank