HDFC Bank gets RBI's nod to buy 9.5% stake in IndusInd Bank
IndusInd's promoters had received the central bank's approval in November to raise their stake to 26 per cent in the bank.
![HDFC Bank gets RBI's nod to buy 9.5% stake in IndusInd Bank](https://cdn.zeebiz.com/sites/default/files/2024/02/06/279323-screenshot-2024-02-06-091340.png?im=FitAndFill=(1200,900))
Both IndusInd and HDFC Bank, which reported quarterly results in January, beat profit expectations on the back of strong loan growth. (Image credit: Reuters)