Announced Wed, 19 Aug · 22:52 IST
RBI approves LIC to acquire up to 9.99 percent stake in HDFC Bank
HDFCBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹720.00
prior close
₹725.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2+0.1+0.3+1.0+1.3+1.0+1.0-0.8-1.5-3.6+2.8——
Up moveDown movePending
AI summary
RBI has approved Life Insurance Corporation of India (LIC) to acquire up to 9.99 percent of HDFC Bank's paid-up share capital or voting rights. Currently LIC holds 4.11 percent as on August 14, 2026. This means LIC could increase its stake by about 5.88 percentage points. The approval is subject to compliance with banking and SEBI regulations.
Likely market impact
Positive sentiment as a major institutional investor gets approval to raise its stake closer to the 10 percent regulatory limit.