CCI approves HDFC Bank's acquisition of 4.99 pc stake in HDFC ERGO General Insurance Co

Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company. In June, HDFC Bank had said its board has given approval to buy more than 3.55 crore shares in group firm HDFC ERGO General Insurance Company for over Rs 1,906 crore from the parent company Housing Development Finance Corporation (HDFC)

from Banking/Finance-Industry-Economic Times https://ift.tt/3jySvzR