LIC Receives RBI Nod to Acquire Up to 9.99% Stake in HDFC Bank: Experts Express Optimism Amid Stock Challenges

LIC and HDFC Bank News : In a major development, the Life Insurance Corporation of India Ltd (LIC) has received the green light from the Reserve Bank of India (RBI) to buy up to 9.99% of HDFC Bank, the largest private sector bank in India. HDFC Bank officially informed the stock exchanges about this on … Read more

HDFC Bank Shines: Big 34% Jump in Profit to Rs 16,373 Crore, Meeting Expectations; Here’s What Stands Out!

HDFC Bank had a good quarter! They made a profit of Rs 16,372.54 crore, which is 33.54% more than the same time last year. This profit is what they earned after subtracting their expenses. Their earnings from interest went up by 23.9% compared to last year, reaching Rs 28,470 crore. However, it was a bit … Read more

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