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HDFC Bank gets nod to hold up to 9.5% in IndusInd

Financial Express Hyderabad

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December 17, 2025

THE RESERVE BANK of India has approved the subsidiaries of HDFC Bank to acquire up to 9.5% stake in smaller peer IndusInd Bank, according to exchange filings on Tuesday.

The bank's group entities - HDFC Mutual Fund, HDFC Life Insurance, HDFC Pension Fund, and others - have received the approval to acquire an "aggregate holding" of up to 9.5% of the paid-up share capital or voting rights in IndusInd Bank, HDFC Bank said in a statement.

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