What stake percentage has the Reserve Bank of India (RBI) approved for Life Insurance Corporation of India (LIC) to acquire in HDFC Bank?
Explanation:
The RBI has approved LIC's proposal to acquire up to 9.99% stake in HDFC Bank, and LIC is required to acquire a major shareholding within a period of one year (by January 24, 2025).
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Which of the following is definitely false?
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