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

HDFC Bank received RBI approval to acquire up to 9.50% stake in IndusInd Bank. The approval is valid until December 14, 2026, covering its group entities.

Introduction

Leading private sector bank secures regulatory approval to increase its stake in another major bank. The permission covers its group entities and remains valid until December 14, 2026.

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Share price movement of HDFC Bank

On December 16, 2025, HDFC Bank Ltd opened at ₹992.85, down 0.30% from its previous close of ₹995.85. The stock reached a high of ₹997.25 (0.24%) and a low of ₹992.00. By 10:52 AM, it traded at ₹994.60, marking a 0.13% decline, with a market capitalization of ₹15,29,944.50 crore.

HDFC Bank Gets RBI Approval for IndusInd Stake

HDFC Bank Limited received approval from the Reserve Bank of India (RBI) to acquire up to 9.50% of IndusInd Bank’s paid-up share capital or voting rights. The approval is valid until December 14, 2026.

The bank’s group entities, including HDFC Mutual Fund, HDFC Life, HDFC ERGO, HDFC Pension Fund, and HDFC Securities, are covered under the aggregate holding limit. Aggregate holding includes all promoter and group investments.

HDFC Bank stated it does not intend to invest immediately. The approval was sought as the aggregate holding of group entities may exceed the RBI-prescribed 5% limit. Investments are part of normal business operations.

Stock performance of HDFC Bank for Period of 1 week, 6 months, and 1 year

HDFC Bank Ltd delivered a -0.10% return over the past week, gained 2.94% in the past six months, and increased 6.81% over the past year.

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Shareholding pattern of HDFC Bank

ParticularsSep 2025Jun 2025Mar 2025
Promoter0%0%0%
FII48.40%48.60%48.80%
DII36%36%36.00%
Public15%15%15%

About HDFC Bank

HDFC Bank Ltd (NSE: HDFCBANK) is India’s largest private sector bank by assets, headquartered in Mumbai. It offers banking and financial services and ranks tenth globally by market capitalization as of May 2024.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is HDFC Bank Ltd share price going up today?

A: HDFC Bank Ltd shares rose after receiving RBI approval to acquire up to 9.50% stake in IndusInd Bank, valid until December 14, 2026.

Q: What does HDFC Bank Ltd specialize in?

A: HDFC Bank Ltd specializes in banking and financial services, offering loans, deposits, and digital solutions across India and internationally.

Q: What is the market capitalization of HDFC Bank Ltd?

A: HDFC Bank Ltd has a market capitalization of approximately ₹15,29,944.50 crore as of December 16, 2025.

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