The Reserve Bank of India has approved Life Insurance Corporation of India to increase its stake in HDFC Bank to up to 9.99%. LIC held a 4.11% stake in the private lender as of August 14.
| Photo Credit:
RUPAK DE CHOWDHURI
The Reserve Bank of India has given Life
Insurance Corp (LIC) approval to raise its stake in
HDFC Bank 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.
Published on August 20, 2026
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