Breaking Corporate Events, Analysed in Real Time

ACS Technologies Secures ₹4.09 Crore HDFC Bank Loan to Expand Credit Facilities

ACS Technologies has approved the procurement of an additional ₹4.09 crore working capital term loan from HDFC Bank under the ECLGS 5.0 scheme. This capital infusion is designed to strengthen the company's liquidity position, bringing its total aggregate banking facilities to ₹48.74 crore.

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.