NEWS UPDATE Letter addressed to our esteemed shareholders on the occasion of Holi and with regards to the current situation in the Middle East.     For further information, please contact: Ms. Faye Joomun, manager & Head Investor Relations IndusInd...

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 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 RCAP's...

IIHL eyes valuation of $ 50 bn by 2030  IIHL is targeting a $50 bn valuation for its BFSI business by the year 2030. Chairman Ashok Hinduja announced this goal after they completed the process of acquiring RCAP. Mr Hinduja said this goal is based on a strategy of...

IIHL acquires 60% stake in Invesco MF  IIHL and Invesco have entered into a definitive agreement to form a joint venture, as part of which IIHL will acquire a 60 per cent stake in Invesco Asset Management India (IAMI). Invesco will retain a 40 per cent stake in...

NEWS UPDATE IIHL emerges as sole bidder for Reliance Capital (RCap)  On April 27, 2023, IIHL, also the promoter of IndusInd Bank, was emerged as the sole bidder for the debt-ridden Reliance Capital (RCap), with a bid value of ₹9,650 crore. This offer was part of...

NEWS UPDATE RBI gives in-principal nod to hike stake in IndusInd Bank  The Reserve Bank of India has given in-principle approval to IIHL to raise its stake in IndusInd Bank to 26%. This will result in the promoters investing over $1 bn dollars.The Economic Times...