informed the exchanges that, being the promoter or sponsor of its group entities such as HDFC MF, HDFC Life Insurance, HDFC ERGO General Insurance, HDFC Pension Fund, and HDFC Securities, it has received approval from the RBI to acquire “aggregate holding” of up to 9.5% of the paid-up share capital or voting rights in IndusInd Bank. The approval is valid for one year, or until December 14, 2026. HDFC Bank will have to ensure that the “aggregate holding” (the entire group) does not exceed 9.5% of IndusInd Bank’s total paid-up share capital.
The Board of Directors of Can Fin Homes Limited has declared an ‘Interim Dividend’ of Rs 7 (350%) per equity share of face value Rs 2 each for the Financial Year 2025-26.
The Union Government on Monday appointed Ravi Ranjan as the new Managing Director of Prior to this, Ranjan was the Deputy Managing Director at the bank and succeeded Vinay M Tonse, who completed his term on November 30, 2025. Following the government’s notification, Ranjan assumed the charge on Monday, SBI said in a regulatory filing. In another notification, SBI said it will sign a € 150 million line of credit with Germany’s KfW to fund climate-friendly energy projects.
Buvanesh Tharashankar, Chief Financial Officer, being Key Managerial Personnel and part of the Senior Management of Limited, has tendered his resignation in order to pursue opportunities outside the Bank. Following an internal discussion with Buvanesh Tharashankar, the Bank has accepted his resignation and relieved him of his duties with effect from the close of business today. As per the succession plan approved by the Board, the Bank has an identified interim successor in place for this position.