ICICI Bank acquires HDFC Bank

ICICI Bank agreed to acquire HDFC Bank. Reported deal value: Undisclosed. Status: Pending. Sector: Banking. Target headquarters context: Mumbai, Maharashtra, India.

This page summarizes publicly available information about the transaction as of 2026-02-11. Figures and status may change as filings and press coverage update.

The approval, dated February 10, 2026, permits the acquisition of up to 9.95% of the paid-up share capital or voting rights in each of the following eight banks : Bandhan Bank Limited City Union Bank Limited Equitas Small Finance Bank Limited Federal Bank Limited IDFC First Bank Limited HDFC Bank Limited The Karur Vysya Bank Limited RBL Bank Limited This regulatory green signal signifies a strategic intent by the ICICI Bank group to deepen its presence and influence within the Indian financial ecosystem