RBI Approves LIC Acquisition of Stake in HDFC Bank Limited
The Reserve Bank of India (RBI) has granted approval for Life Insurance Corporation of India (LIC) to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in HDFC Bank Limited, referred to as the Bank. This decision was made following LIC's application concerning this acquisition.The approval granted by the RBI is subject to specific conditions. These include compliance with various relevant statutes and guidelines.
As per current available data, the beneficial position shows that LIC holds 4.11% of the total share capital in HDFC Bank Limited as of August 14, 2026.
Key details regarding the institutional holding are presented below:
| Institution | Holding Percentage | Date of Position |
|---|---|---|
| LIC | 4.11% | August 14, 2026 |
| Potential Acquisition Limit | Up to 9.99% | N/A |
The RBI approval was issued in response to the application submitted by LIC and carries stipulations related to the Banking Regulation Act, 1949, Reserve Bank of India (Commercial Banks Acquisition and Holding of Shares or Voting Rights) Directions, 2025, and regulations under the Foreign Exchange Management Act, 1999.
HDFCBANK Stock Price Movement
Shares of HDFC Bank Limited are edging higher to ₹726.9 as of 11:58 AM today, pushing the equity up by 0.96% in live trading. The stock is seeing significant market interest, with over 7.67 million shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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