ICICI Bank Ltd

🏦 RBI Approves HDFC Bank’s Potential 9.95% Stake Acquisition in ICICI Bank

• RBI approval letter dated May 6, 2026 allows HDFC Bank to acquire up to 9.95% of ICICI Bank's paid-up share capital or voting rights

• Approval is valid for one year from the date of the RBI letter

• Failure to complete the acquisition within this period will result in cancellation of the approval