16:39 IST
NSE
Merger & Restructuring
HDFC Bank Merger & Restructuring Worth ₹1,000 Cr
HDFC Bank's Board approved an investment of up to ₹1,000 Crore in the preferential issue of its subsidiary, HDFC Life Insurance Company Limited. The investment will be made in one or more tranches, subject to regulatory approvals from the Reserve Bank of India.
- Value
- ₹1,000 Cr