RBI Removes Restrictions On Business Overlaps; Relief For HDFC Bank, HDB Financial
Published on: Oct. 1, 2025, 11:29 a.m. | Source: NDTV Profit
In what can be seen as a big relief for HDFC Bank and HDB Financial Services Ltd., the Reserve Bank of India has removed the proposed regulatory restriction on business overlaps of bank and its group entities. "The proposed regulatory restriction on overlap in the businesses undertaken by a bank and its group entities is being removed from the final guidelines. The strategic allocation of business streams among group entities will be left to the wisdom of bank boards," RBI Governor said.
