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HDFC Bank gets RBI nod to buy stake in ICICI Bank, 5 others

HDFC Bank on Tuesday said RBI has given approval to the group to acquire up to 9.5 per cent stake each in six lenders, including ICICI Bank and Axis Bank. IMAGE: Kindly note that this image has......

Merger with HDFC: RBI gives some leeway to HDFC Bank

In a mixed bag for HDFC Bank ahead of the parent HDFC's merger with itself, the Reserve Bank of India has declined to make exceptions on certain aspects, and has offered some leeway on others.......

HDFC urged to reduce stake in insurance arms

In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent. Illustration: Dominic Xavier/Rediff.com The Reserve Bank of India (RBI) has asked mortgage......

Motor Vehicles Act: Steep fines make insurance important

Expect premiums to go up or introduction of a co-pay option for third-party damage It’s a new, and a much tougher regime for violators of traffic rules. With the new Motor Vehicles Act......

Cashless motor insurance has limited benefits

The pitch ‘our insurance company has tied up with 1,600 garages’ seems attractive to buy cashless motor insurance. However, this means little if the garages aren’t located close......

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Hdfc Ergo General Insurance Company Limited

News for Hdfc Ergo General Insurance Company Limited

HDFC Bank gets RBI nod to buy stake in ICICI Bank, 5 others

Merger with HDFC: RBI gives some leeway to HDFC Bank

HDFC urged to reduce stake in insurance arms

Motor Vehicles Act: Steep fines make insurance important

Cashless motor insurance has limited benefits

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