← Today's briefing
Story 420 Aug 2026· The Hindu BusinessLine

LIC gets RBI nod to raise HDFC Bank stake to 9.99%

The Reserve Bank of India has approved LIC's request to increase its stake in HDFC Bank to up to 9.99%. This provides LIC greater flexibility in managing its exposure to India's largest private-sector bank amidst evolving institutional ownership dynamics.

Share this storyWhatsAppLinkedInXEmail

Get stories like this in your inbox every morning

Free daily brief — rates, RBI updates and the banking stories that matter, in 3 minutes.

Read at The Hindu BusinessLine →

More in this briefing