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Race To Acquire HDFC Credila May Be Over, Stage Set For HDFC Merger
The deal is likely to be formally announced by the end of June. The Reserve Bank of India (RBI) has instructed HDFC to cut down its stake in the education loan division to 10% within two years as a requirement for the HDFC-HDFC Bank merger.
Race To Acquire HDFC Credila May Be Over, Stage Set For HDFC Merger
