Bandhan Financial Holdings gets Sebi nod to buy IDFC’s stake in IDFC AMC
Kolkata: Bandhan Financial Holdings Ltd’s (BFHL’s) plan to enter into the mutual fund business has crossed another hurdle with market regulator Securities & Exchange Board of India giving no-objection to its purchase of IDFC’s stake in IDFC Asset Management Company. Sebi‘s approval letter was issued on November 29. The Reserve Bank of India and Competition … Read more