IndusInd Bank is seeking relaxation in rules to raise promoter stake in the lender from the mandated 15% to 26%, similar to the relief granted to Uday Kotak recently in the case of Kotak Mahindra Bank, according to a report in Economic Times.
from Top Business News- News18.com https://ift.tt/3aU6wRQ
IndusInd Bank Shares Climb 6.5% on Reports That Hindujas Want to Raise Stake in Bank
Reviewed by BLOGGING STARTER
on
March 17, 2020
Rating: 5
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