According to a regulatory filing by AU Small Finance Bank, the central bank issued a letter on January 3, 2025, permitting HDFC Bank and its affiliated companies (including HDFC Mutual Fund, HDFC Life Insurance,

The Reserve Bank of India (RBI) authorised HDFC Bank, the largest private lender in India, to purchase as much as a 9.5 per cent share in AU Small Finance Bank (SFB) within a year from the date of approval.

RBI approves HDFC Bank group to acquire up to 9.50% stake in Kotak Mahindra, AU Small Finance, and Capital Small Finance Banks.

The Reserve Bank of India (RBI) has given its approval to HDFC Bank for acquiring a stake in the AU Small Finance Bank, along with some other lenders. The central bank has permitted HDFC Bank to acquire up to 9.

AU Small Finance Bank has received approval from the RBI for HDFC Bank and its group entities to acquire up to 9.5% of its stake. The acquisition, subject to regulatory compliance, must be completed within one year,

HDFC Bank has received the Reserve Bank of India’s nod to acquire up to a 9.5 per cent combined stake in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank, marking a significant move in India’s banking sector.

MUMBAI: HDFC Bank has informed the stock exchanges that it has received approval from RBI for its group entities to hike investments in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank up to 9.