Stake Sale

HDFC Bank Reopens Stake Sale Talks with MUFG for HDB Financial

amitsomrana73 weeks ago3 weeks ago04 mins

IntroductionHDFC Bank has restarted discussions with Japan’s Mitsubishi UFJ Financial Group (MUFG) for a potential 20% stake sale in its subsidiary, HDB Financial Services. This move comes as the Reserve Bank of India (RBI) proposes changes to holding norms, pushing the bank to reevaluate its strategy ahead of HDB Financial’s anticipated IPO. What’s driving the…

RBI’s Review of IDBI Bank Stake Sale Moves Forward, According to DIPAM Secretary

amitsomrana76 months ago04 mins

Advanced Stage of RBI’s Vetting Process for IDBI Bank Sale The Reserve Bank of India’s (RBI) review of potential bidders for IDBI Bank’s stake sale is progressing well, as reported by Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM). This development marks a significant step in the strategic disinvestment…

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HDFC Bank Reopens Stake Sale Talks with MUFG for HDB Financial

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HDFC Bank Reopens Stake Sale Talks with MUFG for HDB Financial

RBI’s Review of IDBI Bank Stake Sale Moves Forward, According to DIPAM Secretary