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India central bank clears SBI Funds to buy up to 9.99% stake in HDFC Bank

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India central bank clears SBI Funds to buy up to 9.99% stake in HDFC Bank

India's HDFC Bank said on Wednesday that the Reserve Bank of India had allowed SBI Funds Management Ltd to acquire a stake of up to 9.99% in the private lender.

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India central bank clears SBI Funds to buy up to 9.99% stake in HDFC Bank

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India central bank clears SBI Funds to buy up to 9.99% stake in HDFC Bank

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