#Hdfc Bank

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LIC RBI approval to acquire up to 9.99 percent stake in ICICI Bank

RBI Approves LIC ICICI Bank Stake Hike Up to 9.99% Limit

The Reserve Bank of India has officially allowed the Life Insurance Corporation of India to increase its ownership in ICICI Bank to a maximum of 9.99 percent. This strategic move heavily strengthens ties between the Indian financial sectors.

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