HDFC Bank shares up 2% after LIC buys additional stake
LIC of India will become the largest shareholder in HDFC Bank after the acquisition of an additional 4.8% shares in the lender, raising its holding stake to 9.99%.
lic hdfc bank
January 2024
LIC to acquire 9.99% stake in HDFC Bank
LIC has been advised by the RBI to acquire 9.99% shareholding in HDFC bank by January 24, 2025.
