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    India's LIC gets cenbank nod to raise its stake in HDFC Bank up to 9.99%

    Picture of Life Insurance of India logoLife Insurance of India
    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)
     ((natalia.bueno@thomsonreuters.com))

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