Corporate News 14-Oct-23
IndusInd Bank update on RBI approval to SBI MF for acquisition of up to 9.99% stake
IndusInd Bank announced that Reserve Bank of India (RBI) while granting approval to SBI MF for acquisition of 9.99% of the paid-up share capital or voting rights in IndusInd Bank, has also conveyed to SBI MF that if they fail to acquire major shareholding in the Bank within a period of one year from the date of 10 October 2024, the RBI approval shall stand cancelled. Further, SBI MF must ensure that the aggregate holding in the Bank does not exceed 9.99% of the paid-up share capital or voting rights of the Bank at all times.
Previous News
IndusInd Bank appoints Vivek Bajpeyi as the chief risk officer of the bank
( Hot Pursuit - 29-Jun-23 12:28 )
IndusInd Bank announces board meeting date
( Corporate News - 16-Apr-24 10:21 )
IndusInd Bank Ltd spurts 0.69%, up for fifth straight session
( Hot Pursuit - 27-Mar-24 13:00 )
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( Hot Pursuit - 30-Oct-23 13:05 )
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( Hot Pursuit - 10-May-23 13:05 )
IndusInd Bank partners with Paralympic Committee of India as Official Banking Partner
( Corporate News - 23-Aug-24 12:34 )
IndusInd Bank consolidated net profit rises 45.89% in the March 2023 quarter
( Results - Announcements 24-Apr-23 15:00 )
IndusInd Bank Q4 PAT jumps 50% YoY to Rs 2,041 cr
( Hot Pursuit - 24-Apr-23 15:20 )
IndusInd Bank appoints Chief Risk Officer
( Corporate News - 29-Jun-23 12:20 )
IndusInd Bank to declare Quarterly Result
( Corporate News - 11-Jan-23 10:11 )
IndusInd Bank allots 44,420 equity shares under ESOP
( Corporate News - 21-Dec-22 15:27 )
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