# HSBC plans to raise its stake in Canara HSBC Life Insurance via new shares or buying from existing investors, will approach Canara Bank, move reflects interest in India's insurance market.

*fintech · news · 2026-04-22 · CNBC TV18*

## Key points

- HSBC plans to increase its stake in Canara HSBC Life Insurance beyond its current 25.5%.
- HSBC is considering both buying shares from existing investors and new share issuance to raise its stake.
- HSBC will soon approach Canara Bank, the largest shareholder, to discuss increasing its holding.
- The stake increase plan was discussed in a meeting with India's Ministry of Finance officials.

**Companies:** HSBC, Canara HSBC Life Insurance
**Countries:** India, United Kingdom

[Read the full story on CNBC TV18](https://www.cnbctv18.com/business/hsbc-weighs-stake-hike-in-canara-hsbc-life-insurance-sources-to-cnbc-tv18-ws-l-19891076.htm)

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