Acquiring Company
Life Insurance Corporation of India
Acquired Company
HDFC Bank
JaipurMumbaiInsuranceBankingDescription
Life Insurance Corporation of India (LIC) has received approval from the Reserve Bank of India to acquire up to 9.99% of the voting rights in HDFC Bank. Currently, LIC holds 4.11% of HDFC Bank's total share capital. This acquisition marks a significant investment in one of India's leading banks by the state-owned insurance corporation.
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Based on deal dataFrequently asked
Who acquired HDFC Bank?
HDFC Bank was acquired by Life Insurance Corporation of India, based in Jaipur. The deal was reported on August 20, 2026. Life Insurance Corporation of India (LIC) is a statutory Corporation established under Section 3 of LIC Act, 1956. Life Insurance Corporation of India is privately held and operates in Insurance.
When did Life Insurance Corporation of India acquire HDFC Bank?
Life Insurance Corporation of India's acquisition of HDFC Bank was reported on August 20, 2026. Life Insurance Corporation of India (LIC) has received approval from the Reserve Bank of India to acquire up to 9.99% of the voting rights in HDFC Bank. Currently, LIC holds 4.11% of HDFC Bank's total share capital. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does HDFC Bank do?
For security reasons, we have logged you out of HDFC Bank NetBanking. We do this when you refresh/move back on the browser on any NetBanking page. It is publicly traded (HDB), operating in Banking, and is based in Mumbai.
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