![HDFC Bank shares up 2% after LIC buys additional stake](https://images.assettype.com/fortuneindia%2F2023-04%2F49cab426-7f39-468e-a0e0-fe4e611d8b28%2FHDFC_DSC9979_copy.jpg?w=300&q=95)
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 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 has been advised by the RBI to acquire 9.99% shareholding in HDFC bank by January 24, 2025.