IndusInd Bank promoter IIHL to raise stake to 26%, eyes $50 bn valuation
Director Ashok Hinduja said IIHL is working towards listing on Afrinex, a Mauritian stock exchange.
5 May, 2024•2 min
0
5 May, 2024•2 min
0
More in Business
Business
UAE conglomerates set their sights on India
A series of new investments earmarked for India, good and bad news from Saudi Arabia and AI deals at Davos, among other updates.
You may also like
Business
Why IndusInd Bank promoter Ashok Hinduja was never really in the dark
As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.
Business
RBI wants IndusInd Bank promoters, the Hindujas, cut to size
After successive controversies and growing unease over promoter influence, the central bank is reshaping the lender—starting with management, moving to its board and tightening the screws on ownership.
Business
The other challenge that Rajiv Anand faces at IndusInd Bank
High levels of attrition, a leadership coterie and allegations of a toxic work culture combine to give the new CEO an HR headache—one that he must tackle with little help from the RBI.