RBI allows HDFC Bank to acquire 9.50% stake in AU Small Finance Bank within 1 year
According to a regulatory filing by AU Small Finance Bank, the central bank issued a letter on January 3, 2025, permitting ...
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SBI unveils two new schemes to boost deposit mobilisation
State Bank of India (SBI) - the country's largest lender - has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. The first is ...
Tamil Nadu: ED conducts 11-hour raid at DMK minister Duraimurugan's residence in Vellore
ED conducted the raid at Duraimurugan's residence as part of its ongoing probe into an alleged money laundering case connected to violations of RBI guidelines.
15 Key Income Tax Rule Changes In 2024 To Note In 2025 When Filing For ITR Before July 31st Deadline
Once again salaried individuals will be required to file their income tax return (ITR) before the deadline for assessment ...
HDFC Bank Gets Nod From RBI To Purchase 9.5% Stake In AU Small Finance Bank
Indian private lending giant, HDFC Bank, has been given permission by the Reserve Bank of India (RBI) to purchase up to 9.5 ...
In backdrop of farmers’ protests, Shivraj Chauhan asks state agri ministers to reduce gap between what consumers pay and what farmers get
Union Agriculture Minister Shivraj Singh Chauhan was addressing the agriculture ministers of states during a pre-budget ...
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UPI Continues To Shine In 2024, Transactions Cross 17,000 Cr Mark
The total value of UPI transactions zoomed over 35% to INR 246.82 Lakh Cr from INR 182.84 Lakh Cr in 2023. As was the case ...
The Financial Express2h
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 ...
Tata Sons IPO: Why is Tata Group company delaying the upcoming IPO?
However, the upcoming IPO hit the headlines in August 2024 when Tata Sons voluntarily surrendered its certificate of registration to the RBI after repaying over ₹ 20,300 crore in debt to remain an ...