HDFC Bank to consider Investment in United Western Bank

HDFC Bank Ltd has announced that the Bank would consider investing in the equity shares of United Western Bank Ltd (UWB), as may be offered in terms of the Bank´s above referred letter, subject to such terms and conditions as may be stipulated by the Reserve Bank of India (RBI) and receipt of requisite regulatory and other approvals, by the Bank in this regard.

Source : Equity Bulls

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