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HDFC Bank gets approval to acquire up to 9.5% stake in IndusInd Bank

HDFC Bank has secured RBI approval for its group entities to collectively hold up to 9.50% in IndusInd Bank. This approval, valid for one year until December 14, 2026, allows for aggregate investments by entities like HDFC Mutual Fund and HDFC Life. The bank sought this increase as combined group investments were projected to exceed the previous 5% limit.

16 Dec 2025 7:00 am