Archive · 17 Dec 2025
HDFC Bank Gets RBI Approval for 9.5% Stake in IndusInd Bank
HDFC Bank got permission from the RBI to own up to 9.5% of IndusInd Bank through its group companies.
This includes companies like HDFC Mutual Fund and HDFC Life Insurance.
The approval is good for one year.
HDFC Bank doesn't plan to buy more shares directly but will monitor the total stake held by its group.
The share prices of both banks stayed the same after the news.
The RBI requires this approval when a bank or its group owns more than 5% of another bank's shares.
HDFC Bank received RBI approval for its group entities to hold up to 9.5% stake in IndusInd Bank.
The approval is valid for one year, until December 14, 2026.
HDFC Bank itself does not plan to invest directly in IndusInd Bank.
The approval covers group entities like HDFC Mutual Fund, HDFC Life Insurance, and others.
IndusInd Bank shares traded flat at ₹848.65 following the announcement.
- Who
- HDFC Bank and its group entities
- What
- Received RBI approval to hold up to 9.5% stake in IndusInd Bank
- When
- Approval valid until December 14, 2026
- Where
- India
- Why
- To comply with RBI regulations for holding more than 5% stake in another bank
- Approval Percentage
- 9.5%
- Approval Validity
- One year (until December 14, 2026)
- HDFC Group Entities
- HDFC Mutual Fund, HDFC Life Insurance, HDFC ERGO, HDFC Pension, HDFC Securities
- IndusInd Bank Share Price
- ₹848.65
- HDFC Bank Share Price
- ₹994.40
- Application Date
- October 24, 2025
- Approval Date
- December 15, 2025
Sources
HDFC Bank secures RBI approval to increase stake in IndusInd Bank to 9.5%
HDFC Bank’s RBI approval for 9.5% in IndusInd Bank: Why it’s not a game-changer
HDFC Bank gets nod to hold up to 9.5% in IndusInd - Banking & Finance News