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Indusind Bank : Indusind Bank Promoters IIHL Mauritius Says | Stock Market Latest News

Indusind Bank : Indusind Bank Promoters IIHL Mauritius Says

As a promoter of IndusInd Bank, we welcome RBI's decision to allow promoter ownership up to 26%

Increased promoter holding will lead to enhanced financial strength of the bank

Measure of increased promoter hldg will be of benefit to all stakeholders

Believe higher promoter holding will benefit all stakeholders esp when Indian economy is poised for exponential growth

Eagerly await opening guidelines as it gives promoters an opportunity to inject capital, increase stake to 26%