HDFC Bank secures RBI nod to acquire 9.5% stake in AU Small Finance Bank
- Posted on January 4, 2025
- By Financial Express
- 5 Views
HDFC Bank secures RBI nod to acquire 9.5% stake in AU Small Finance Bank
AU Small Finance Bank has received approval from the RBI for HDFC Bank and its group entities to acquire up to 9.5% of its stake. The acquisition, subject to regulatory compliance, must be completed within one year, or the approval will be revoked.