HDFC Bank-HDFC Merger: CCI grants HDFC approval to acquire stake in insurance subsidiaries

Zee Business Video Team | Updated: June 22, 2023 11:36 AM IST

HDFC has received regulatory approvals to acquire additional stake in its insurance subsidiaries, HDFC Life Insurance and HDFC ERGO General Insurance. This paves the way for the merger of HDFC into HDFC Bank, which is expected to be finalised in Q3 of this financial year.



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