2025-12-16 15:41:27
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Stock Report
RBI gives nod to HDFC Bank Group for investment of upto 9.5% in IndusInd bank
Posted On : 2025-12-16 09:27:34( TIMEZONE : IST )
The RBI vide its letter dated December 15, 2025, has given its approval to the Bank (being promoter / sponsor of its group entities viz HDFC Mutual Fund, HDFC Life Insurance Company Limited, HDFC ERGO General Insurance Company Limited, HDFC Pension Fund Management Limited and HDFC Securities Limited ) to acquire "aggregate holding" of up to 9.50% of the paid-up share capital or voting rights in IndusInd.
The said approval is valid for a period of one year from the date of RBI's letter, i.e., till December 14, 2026. Further the Bank needs to ensure that the "aggregate holding" in IndusInd does not exceed 9.50% of the paid-up share capital or voting rights of IndusInd, at all times.
As per the Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025 ("RBI Directions"), 'aggregate holding' includes shareholding by the Bank, body corporate under the same management/ control, mutual funds, trustees, promoter group entities, etc. In view of the same, whilst the Bank does not intend to invest in IndusInd, since the "aggregate holding" of Bank group entities is likely to exceed the prescribed limit of 5%, an application seeking approval of RBI for increase in investment limits was made. Further, since the RBI Directions are applicable to the Bank, the Bank had made the application to RBI on behalf of the group entities, on October 24, 2025.
Please also note that the above investments by HDFC Bank group entities are in the normal course of business of the respective group entities.
Shares of HDFC Bank Limited was last trading in BSE at Rs. 995.85 as compared to the previous close of Rs. 1000.20. The total number of shares traded during the day was 109101 in over 3844 trades.
The stock hit an intraday high of Rs. 1002.00 and intraday low of 991.95. The net turnover during the day was Rs. 108697852.00.
Shares of IndusInd Bank Limited was last trading in BSE at Rs. 851.30 as compared to the previous close of Rs. 845.70. The total number of shares traded during the day was 28656 in over 1547 trades.
The stock hit an intraday high of Rs. 853.00 and intraday low of 835.60. The net turnover during the day was Rs. 24182613.00.
