Date: August 19, 2026
Regulatory Approval Disclosure
The Reserve Bank of India (RBI) vide its letter dated August 19, 2026, has accorded approval to Life Insurance Corporation of India (LIC) for acquiring aggregate holding up to 9.99% of the paid-up share capital or voting rights in HDFC Bank Limited.
Current Shareholding Position
As per the latest available beneficial position as on August 14, 2026, LIC currently holds 4.11% of the total share capital of HDFC Bank Limited.
Approval Conditions
The approval has been granted with reference to the application made by LIC to RBI. The approval is subject to conditions including compliance with:
- Relevant provisions of the Banking Regulation Act, 1949
- Reserve Bank of India (Commercial Banks - Acquisition and Holding of Shares or Voting Rights) Directions, 2025
- Provisions of the Foreign Exchange Management Act, 1999
- Regulations issued by Securities and Exchange Board of India
- Any other applicable statutes, regulations and guidelines
Compliance Intimation
This intimation is made to BSE Limited and National Stock Exchange of India Limited pursuant to SEBI Listing Regulations for information and records.