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HDFC Bank gets RBI approval for up to 9.5% stake in IndusInd Bank

HDFC Bank gets RBI approval for up to 9.5% stake in IndusInd Bank

by AIP Online Bureau | Dec 16, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

In an exchange filing on Monday, HDFC Bank said that several of its group companies have received permission to invest in IndusInd Bank.These include HDFC Mutual Fund, HDFC Life Insurance Company, HDFC ERGO General Insurance Company, HDFC Pension Fund Management, and...
Equity investors lose Rs 2.89 lakh crore in two days of market fall

Equity investors lose Rs 2.89 lakh crore in two days of market fall

by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

”The domestic markets remained under pressure due to rising US bond yields and a stronger greenback. Concerns reigned over upcoming Fed policy, interest rate trajectory and rising oil prices. Bank Nifty underperformed today due to rising cost of funds and...
IRDAI allows relaxation for insurers’ investments in HDFC post merger with HDFC Bank

IRDAI allows relaxation for insurers’ investments in HDFC post merger with HDFC Bank

by AIP Online Bureau | Aug 4, 2023 | Indian News, Life, Non-Life

In view of the merger of HDFC Ltd with HDFC Bank Ltd, Indian insurers had requested IRDAI to allow investments in HDFC Ltd bonds to be continued to be classified under Housing and Infrastructure sector and exempt the single investee equity exposure limits prescribed...
HDFC Bank to focus on bundled products for its customers: CEO

HDFC Bank to focus on bundled products for its customers: CEO

by AIP Online Bureau | Jul 19, 2023 | Banking & Bancassurance, Indian News, Life, Non-Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits

”Savings accounts, personal loans, insurance cover, SIPs can all be bundled along with a home loan to create a compelling value proposition to the customer, that probably does not exist in the market at the scale at which this is envisaged,” said HDFC Bank...

HDFC buys HDFC Life shares worth over Rs 992 cr

by AIP Online Bureau | Jun 28, 2023 | Indian News, Life, Regulation

In April, the Reserve Bank allowed HDFC Bank or HDFC to increase shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent before the effective date of the merger Mumbai: Mortgage financier HDFC Ltd on Tuesday picked up...
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