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IndusInd promoter company to raise stake in bank to 26%

IIHL, an investment arm of the Hinduja brothers, aims to improve valuation of its investment to $50 billion by 2030. IIHL has already received RBI nod to raise its state in IndusInd Bank to 26%. The investment arm also plans to grow life and non-life businesses, start its health insurance operations and will retain Reliance Securities and ARC businesses. ....

Ashok Hinduja , Anil Ambani , Nippon Group , National Company Law Tribunal , Indusind International Holding Ltd , Supreme Court , Indusind Bank , Invesco Asset Management India Ltd , Indusind International Holding , Hinduja Group , Insurance Regulatory Development Authority Of India , Ind International Holding Ltd , Reserve Bank , Reliance Capital , Invesco Asset Management India , Torrent Investment , Regulatory Development Authority , Reliance General Insurance , Reliance Nippon Life Insurance , Reliance Nippon , Raise Stake , Reliance Securities , Iihl Listing , Reliance Nippon Life ,

Hinduja group's IIHL to raise stake in IndusInd Bank in multiple tranches

IIHL, an investment arm of the Hinduja brothers, aims to improve valuation of its investment to $50 billion by 2030. IIHL has already received RBI nod to raise its state in IndusInd Bank to 26%. The investment arm also plans to grow life and non-life businesses, start its health insurance operations and will retain Reliance Securities and ARC businesses. ....

Ashok Hinduja , Anil Ambani , Hinduja Group , Indusind Bank , Insurance Regulatory Development Authority Of India , Indusind International Holding Ltd , Indusind International Holding , Nippon Group , Supreme Court , Invesco Asset Management India Ltd , National Company Law Tribunal , Ind International Holding Ltd , Reserve Bank , Reliance Capital , Invesco Asset Management India , Torrent Investment , Regulatory Development Authority , Reliance General Insurance , Reliance Nippon Life Insurance , Reliance Nippon , Reliance Securities , Iihl Listing , Reliance Nippon Life ,