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.
May 05, 2024•2 min
0
May 05, 2024•2 min
0
More in Business
Business
The price of a cooler planet
From net-zero plans to farm resilience, the battle for the climate will be fought on balance sheets.
You may also like
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.
Business
Exits not enough, RBI wants IndusInd Bank to do more
After the derivatives hedging fiasco triggered the resignations of top executives, indications are that the regulator expects the private lender’s board to do a thorough cleanup.
Markets
IndusInd Bank’s near Rs 2,000 cr financial dent was caused by ‘incorrect accounting’
An independent investigation, in its report, blames the notional recording of profits by the bank in its internal derivatives trades.
