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Tagged Banking and Finance
Ujjivan Small Finance Bank Board Approves ₹2000 Crore Equity Fund Raise
Fund Raise

Ujjivan Small Finance Bank Board Approves ₹2000 Crore Equity Fund Raise

The Board of Ujjivan Small Finance Bank has approved a significant capital infusion plan to raise up to ₹2000 crore through various equity issuance routes. This move is designed to strengthen the bank's Tier-I capital adequacy and support its long-term growth trajectory in the microfinance and retail banking sectors.

Ujjivan Small Finance Bank Limited
8 May 2026 4 min read
HDFC Bank Receives RBI Approval for 9.95% Stake in ICICI and Kotak Mahindra Bank
Regulatory Approval

HDFC Bank Receives RBI Approval for 9.95% Stake in ICICI and Kotak Mahindra Bank

The Reserve Bank of India has permitted HDFC Bank group entities to increase their aggregate shareholding in ICICI Bank and Kotak Mahindra Bank to 9.95%. This regulatory clearance allows units like HDFC Mutual Fund and HDFC Life to maintain strategic investment positions within their normal course of business.

HDFC Bank Limited
6 May 2026 3 min read