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acquisitionAnnounced · Feb 12, 2026BankingSource · CredibleArticle · Factual
ICICI Prudential Asset Management acquires HDFC Bank
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
—
Target
HDFC Bank
NYSE: HDB · Mumbai, Maharashtra
Acquirer
ICICI Prudential Asset Management
Financial Stake
Status
Approved
ICICI Prudential Asset Management agreed to acquire HDFC Bank. Reported deal value: Undisclosed. Status: Approved. Sector: Banking. Target headquarters context: Mumbai, Maharashtra, India.
This page summarizes publicly available information about the transaction as of 2026-02-12. Figures and status may change as filings and press coverage update.
The Reserve Bank of India has approved ICICI Prudential Asset Management Co. along with group entities of ICICI to acquire aggregate holding of up to 9. 95 % in HDFC Bank Ltd
Deal timeline
Announced
Feb 12, 2026 · ndtvprofit.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Banking. Figures and status may change as sources update.
Sources: ndtvprofit.com · Primary article · FireStrike proprietary index