Mergers & Acquisitions Mergers & Acquisitions

South Korea's Shinhan Bank seeks India's nod to acquire stake in HDFC's student-loan company

By Freny Patel
  • 17 Apr 2024 09:31
  • 17 Apr 2024 09:31
South Korea's Shinhan Bank has sought India's nod to acquire an 11 percent stake in the country's top student-loan company HDFC Credila Financial Services. 
In its merger filing, the South Korean bank requested the Competition Commission of India, or CCI to "unconditionally" approve the transaction "at the earliest." This will be

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Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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