RBI approves HDFC Bank Group's 9.5% stake hike in IndusInd Bank

• RBI approved HDFC Bank Group to acquire an aggregate holding of up to 9.5% in IndusInd Bank.
• The approval, granted on December 15, 2025, is valid for one year, until December 14, 2026.
• HDFC Bank's group entities, including HDFC Mutual Fund and HDFC Life, are covered under this aggregate holding.
• HDFC Bank itself does not intend to invest, but sought approval as the group's aggregate holding was expected to exceed 5%.
• Shares of both HDFC Bank and IndusInd Bank traded in the red following the announcement.

Why It Matters: RBI's approval for HDFC Group to raise IndusInd stake impacts banking sector.