HDFC Bank, IndusInd shares slip after RBI clears HDFC group for 9.5% IndusInd stake

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Moneycontrol•16-12-2025, 09:48
HDFC Bank, IndusInd shares slip after RBI clears HDFC group for 9.5% IndusInd stake
- •RBI approved HDFC Bank group entities to acquire up to 9.5% aggregate holding in IndusInd Bank.
- •HDFC Bank and IndusInd Bank shares saw marginal dips following the RBI's approval.
- •The approval is valid for one year, requiring the stake acquisition by December 14, 2026.
- •HDFC Bank clarified it does not intend to invest directly in IndusInd Bank.
Why It Matters: RBI's HDFC-IndusInd stake approval affects bank stock performance.
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