SBI Mutual Fund gets RBI nod to acquire up to 9.99% stake in Bandhan Bank, RBL Bank
SBI Mutual Fund gets RBI nod to acquire up to 9.99% stake in Bandhan Bank, RBL Bank is drawing significant interest across the industry.
SBI Mutual Fund has received approval from the Reserve Bank of India to acquire up to 9.99% equity stake each in Bandhan Bank and RBL Bank, subject to strict holding thresholds and a one-year acquisition timeline.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
Related Articles
- Rising healthcare costs? How NPS Swasthya helps you create a separate medical fund
- Deepinder Goyal’s health tech startup 'Temple' secures $54 million funding, valued at $190 million
- Are cess and surcharge funds truly reaching their intended purposes?
- Mom's Belief parent files UDRHP for IPO to fund expansion plans
Source: Original →