06:37 AM EST, 12/16/2025 (MT Newswires) -- HDFC Bank ( HDB ) said its subsidiaries received approval from India's central bank to acquire up to a 9.5% stake in IndusInd Bank, Reuters reported Tuesday.

HDFC reportedly said that the approval is valid for a year from the Reserve Bank of India's letter dated December 15.

HDFC and IndusInd did not immediately respond to MT Newswires' request for comment on the matter.

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