HDFC Bank Gets RBI Approval to Acquire Up To 9.5% Stake in IndusInd Bank

MT Newswires Live

2025/12/16

HDFC Bank (NSE:HDFCBANK, BOM:500180) has received approval from the Reserve Bank of India to acquire up to a 9.50% stake of IndusInd Bank (NSE:INDUSINDBK, BOM:532187), the latter said in a filing to the Indian bourses on Tuesday.

Under the terms of the approval, the acquirer has to pick up the stake in IndusInd Bank within the next one year.

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