RBI approves HDFC Bank's 9.5% stake in IndusInd Bank
pre-market1 source ↓written by the desknot a recommendation
- IndusInd Bank
- 14 Dec 2026
- of the previous
- 5% limit
HDFC Bank has received RBI approval for its group entities to hold up to 9.5% stake in IndusInd Bank until 14 Dec 2026. This approval applies to HDFC Mutual Fund, HDFC Life, and others, limiting total holdings to 9.5% of IndusInd's paid-up capital. HDFC Bank clarified it does not plan direct investment, but sought approval due to potential exceeding of the previous 5% limit.
Not investment advice. For informational purposes only.