RBI allows HDFC Bank to acquire up to 9.5% stake in Yes Bank

RBI has granted approval to HDFC Bank for acquiring up to 9.5% stake in Yes Bank. The approval is subject to compliance with relevant regulations. Separately, HDFC Bank reportedly clarified that the approval for acquiring stake in IndusInd Bank applies to the HDFC Bank Group, not HDFC Bank itself.
Read The Rest at :