{"id":113769,"date":"2022-08-27T12:59:47","date_gmt":"2022-08-27T07:29:47","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=113769"},"modified":"2022-08-27T12:59:49","modified_gmt":"2022-08-27T07:29:49","slug":"hdfc-bank-to-acquire-9-94-stake-in-go-digit-life-insurance","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/hdfc-bank-to-acquire-9-94-stake-in-go-digit-life-insurance\/","title":{"rendered":"HDFC Bank to acquire 9.94% stake in Go Digit Life Insurance"},"content":{"rendered":"\n<p>HDFC Bank&nbsp;would invest in&nbsp;Go Digit Life Insurance Ltd,&nbsp;the&nbsp;general insurer backed by Canada-based Fairfax Group.<\/p>\n\n\n\n<p>HDFC Bank has proposed an&nbsp;investment of between Rs 49.9-69.9 crore (two tranches)&nbsp;by subscribing to equity shares of the company for an equity stake of&nbsp;up to 9.944% of the paid-up equity share capital&nbsp;of the company. Recently, Go Digit General Insurance filed draft papers with SEBI to raise funds through an initial public offering (IPO).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HDFC Bank&nbsp;would invest in&nbsp;Go Digit Life Insurance Ltd,&nbsp;the&nbsp;general insurer backed by Canada-based Fairfax Group. HDFC Bank has proposed an&nbsp;investment of between Rs 49.9-69.9 crore (two tranches)&nbsp;by subscribing to equity shares of the company for an equity stake of&nbsp;up to 9.944% of the paid-up equity share capital&nbsp;of the company. Recently, Go Digit General Insurance filed draft [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":113770,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4851],"tags":[74],"class_list":["post-113769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-august-2022","tag-bank-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=113769"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113769\/revisions"}],"predecessor-version":[{"id":113771,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/113769\/revisions\/113771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/113770"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=113769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=113769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=113769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}