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IndusInd Bank gets RBI approval to set up mutual fund business
IndusInd Bank announced that it has received approval from the Reserve Bank of India (RBI) to establish a wholly owned subsidiary dedicated to the asset management business of mutual funds.
 
                  
 
                  
Vistara unveils points fest campaign: earn up to 1 lakh bonus club Vistara Points!
During this campaign, Club Vistara members can earn up to a 40% bonus in CV Points, with a maximum of 100,000 CV Points per partner and a total of 11,00,000 CV Points when combining transfers from all Points Transfer Partners. To qualify, customers must transfer a minimum of 5000 CV Points.
 
                  
HDFC Bank gets RBI approval to acquire 9.5% of aggregate holding of IndusInd Bank
The Reserve Bank of India (RBI) has approved HDFC Bank’s proposal to acquire aggregate holding of 9.5% of the paid-up share capital or voting rights in IndusInd Bank, the bank said in a stock exchange filing.
 
                  
 
                  
 
                  
IndusInd Bank board of directors to discuss fundraising in meeting scheduled in 2 days
The IndusInd Bank board will meet on July 20 to discuss and approve other business and fundraising, according to a regulatory filing made on Tuesday.
 
                  
Hinduja Group may increase shareholding in IndusInd Bank from 17% to 26% by Rs. 10,000 crore investment
IndusInd International Holdings, a Hinduja Group company, received in-principle and conditional clearance from the RBI earlier this year to increase its shareholding in IndusInd Bank to 26%.
 
                  
Stocks To Watch Today: IndusInd Bank, Ipca Labs, Century Textiles, Poonawalla Housing Finance
Top stocks to watch today are IndusInd Bank, Ipca Labs, Century Textiles, Poonawalla Housing Finance, besides others.
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