RBI Allows LIC to Increase Holding in HDFC Bank From 4.11% to 9.99%

HDFC Bank stock rises 1% after RBI allows LIC to raise stake to 9.99%

HDFC Bank shares traded higher after the RBI approved LIC’s proposal to raise its stake in the private-sector lender to as much as 9.99 percent.

RBI allows LIC to increase holding in HDFC Bank from 4.11% to 9.99%

The approval came on a day when HDFC Bank’s stock hit 52 weeks low in intraday trade to ₹715.05 before recovering a bit to close at ₹720.15, down 0.42%.

LIC gets RBI nod to nearly double stake in HDFC Bank to 9.99%

Life Insurance Corporation of India receives RBI approval to increase its stake in HDFC Bank from 4.11% to 9.99%. HDFC Bank reports Q1 FY27 net profit growth with flat share prices for both companies.

LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%

Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to 9.99 percent. Currently, LIC holds 4.11 percent of HDFC Bank's total share capital. The approval grants LIC flexibility to raise its investment in the lender. This development strengthens LIC's financial services sector exposure.

LIC gets RBI approval to raise stake in HDFC Bank from 4% to 10%. Details here

LIC held a 4.11% stake in HDFC Bank’s total share capital as of the latest available beneficial position on August 14, 2026.