![RBI Approval: HDFC Bank 90% Stake in HDFC Credila – Impact and Objectives HDFC Bank acquisition news](https://edunovations.com/currentaffairs/wp-content/uploads/2024/02/hdfc-bank-2-165529232616x9-1-600x400.webp)
RBI Approval: HDFC Bank 90% Stake in HDFC Credila – Impact and Objectives
RBI Approves HDFC Bank’s 90% Stake Sale in HDFC Credila The Reserve Bank of India (RBI) has given its nod to HDFC Bank’s proposal to acquire a 90% stake in HDFC Credila Financial Services Pvt Ltd. This move marks a significant development in the financial sector and underscores the growing importance of strategic acquisitions in…