ILUSTRASI. HDFC Bank's US$ 40 billion acquisition of its biggest shareholder, could face regulatory hurdles. REUTERS/Shailesh Andrade/File Photo GLOBAL BUSINESS WEEK AHEAD - SEARCH GLOBAL BUSINESS 17 APR FOR ALL IMAGES
Sumber: Reuters | Editor: Anastasia Lilin Yuliantina
KONTAN.CO.ID - MUMBAI. India's largest private lender HDFC Bank's US$ 40 billion acquisition of its biggest shareholder, could face regulatory hurdles due to the stake it would give the bank in the insurance sector. Analysts said.
Sources told Reuters last year that the Reserve Bank of India, which acts as regulator for the financial industry, wants banks to limit ownership stakes in insurance companies.
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