Corporate News 21-Sep-23
RBI grants approval to HDFC AMC to acquire up to 9.5% stake in Karur Vysya Bank
Karur Vysya Bank announced that the Reserve Bank of India has accorded its approval to HDFC Asset Management Company (HDFC AMC) for acquiring aggregate holding of up to 9.5% of the paid-up share capital or voting rights of The Karur Vysya Bank. The approval has been granted with reference to the application made by HDFC AMC to RBI.
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