India's LIC gets cenbank nod to raise its stake in HDFC Bank up to 9.99%
19/08/2026 20:39
India's LIC gets cenbank nod to raise its stake in HDFC Bank up to 9.99% Aug 19 (Reuters) - The Reserve Bank of India has given Life Insurance Corp (LIC) LIFI.NS approval to raise its stake in HDFC Bank HDBK.NS to up to 9.99%, the private lender said late on Wednesday.
LIC held a 4.11% stake in the bank as of August 14, HDFC Bank said in an exchange filing.
(Reporting by Natalia Bueno Rebolledo in Mexico City; Editing by Diti Pujara)
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