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RBI lets HDFC arms to up IndusInd stake
Mint Mumbai
|December 17, 2025
The Reserve Bank of India has approved HDFC Bank's subsidiaries to acquire up to a 9.5% stake in smaller peer IndusInd Bank, the country’s largest private sector lender by market value said late on Monday.
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The approval is valid for a year from RBI's letter dated 15 December, HDFC Bank said in a statement. The bank’s group entities, such as HDFC Mutual Fund, HDFC Life Insurance, HDFC Pension
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