ICICI Lombard General Insurance Company has announced a further investment in HDFC Bank, acquiring additional shares worth ₹0.61 billion. This investment, made in the ordinary course of business, increases ICICI Lombard’s cumulative holding in HDFC Bank to 0.03% as of October 29, 2025. HDFC Bank, a major player in the private banking sector, boasts a market cap of ₹15.48 trillion.
Strategic Investment Update
ICICI Lombard General Insurance Company has augmented its investment portfolio with the purchase of additional shares in HDFC Bank. This strategic move, completed on October 29, 2025, involved an investment of ₹0.61 billion. The acquisition aligns with the company’s investment strategy.
Increased Stake in Banking Giant
Following this recent transaction, ICICI Lombard’s total stake in HDFC Bank has risen to 0.03%. The investment reflects confidence in HDFC Bank, which currently holds a market capitalization of ₹15.48 trillion as of October 29, 2025. HDFC Bank stands as India’s largest private sector bank.
HDFC Bank Overview
HDFC Bank, incorporated on August 30, 1994, delivers a comprehensive suite of banking services. It serves both commercial and investment banking needs, offering services ranging from wholesale solutions to transactional and branch banking.
Financial Performance Snapshot
HDFC Bank’s financial performance over the past three years demonstrates consistent growth:
- 2024-25: ₹4709.16 billion
- 2023-24: ₹4079.94 billion
- 2022-23: ₹2046.66 billion
Source: BSE
