RBI approves HDFC Bank group to acquire up to 9.95% in ICICI, Kotak Mahindra Bank
PUBT · 05/06 17:40
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- RBI cleared HDFC Bank, as promoter-sponsor for its group entities, to lift aggregate stakes in ICICI Bank, Kotak Mahindra Bank up to 9.95% each.
- Approval runs for one year through May 5, 2027, subject to the 9.95% cap at all times.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HDFC Bank Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: X2SX3HK6Z547D30Z) on May 06, 2026, and is solely responsible for the information contained therein.
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