Archive · 16 Dec 2025

RBI Approves HDFC Bank's IndusInd Stake

RBI Approves HDFC Bank's IndusInd Stake

HDFC Bank has received approval from the Reserve Bank of India (RBI) to hold up to 9.5% of the shares in IndusInd Bank.

This approval is valid for one year and includes the holdings of HDFC Bank and its group entities.

HDFC Bank currently holds 4.23% of IndusInd Bank's shares.

The bank clarified that it does not intend to invest directly in IndusInd Bank but sought the approval to ensure compliance with RBI regulations.

The approval covers investments made by HDFC Bank's group entities, such as HDFC Mutual Fund, HDFC Life, and others, which are part of normal business operations.

Sources