IIHL Acquires Sterling Bank

IIHL Acquires Sterling Bank   IIHL, the promoter of IndusInd Bank, has acquired 100% of Sterling Bank, Bahamas, and renamed it IIHL Bank & Trust. The acquisition was finalised in October 2025 after IIHL initially bought a 51% stake in 2022. The purchase is...

IIHL completes RCAP acquisition

IIHL completes RCAP acquisition   IIHL completed its acquisition of the debt-ridden RCap for ₹9,650 crore in March 2025, a deal that involved a three-year resolution process. The acquisition was officially completed with the transfer of the bid amount to...