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LIC: LIC gets RBI approval to acquire 9 99% holding in HDFC Bank

​"Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform you that the Reserve Bank of India (“RBI”) vide its letter dated January 25, 2024, addressed to Life Insurance Corporation of India (“LIC”), has accorded its approval to LIC for acquiring aggregate holding up to 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited," the insurance company said in an exchange filing. ​

More discussion needed before Louisiana special session on insurance, governor says

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