Archive · 17 Dec 2025

HDFC Bank Gets RBI Approval for 9.5% Stake in IndusInd Bank

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.

Sources