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HINDUJA BANK LICENCE
Banking licence for conglomerates not on cards, says RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra expressed concerns about granting banking licenses to conglomerates due to potential conflicts of interest inv...- Hindujas eye $35-40 billion valuation of their BFSI businessThe Hinduja group is eying a valuation of $35-40 billion for its banking, financial services, and insurance (BFSI) business. Ashok Hinduja,...
- Hindujas look to raise up to $1b to finance Reliance Capital acquisitionThe Hinduja family is reportedly exploring raising up to $1bn to fund its acquisition of Reliance Capital, for which it is the preferred bi...
- IndusInd Bank holding co to raise $1.5 bn to fund RCap buy, increase stake in lender to 26 pcIIHL had made the highest cash offer of Rs 9,661 crore in the auctions and secured as much as 99 per cent of the lenders' votes. The bid al...
- Stocks in news: IndiGo, SBI, ITC, Vedant Fashions, HDFC BankM M Forgings posted multifold growth in net profit at Rs 30 crore for the quarter ended March. Revenue for the quarter stood at Rs 387 cror...
- Hindujas ready $1.1 billion to up stake in IndusInd BankHinduja said that once operational guidelines are in place, the promoters will raise the money in two to three months to enhance their stak...
- IndusInd tanks after order against Hinduja Bank resurfacesMulti-industry conglomerate Hinduja group are the promoters of IndusInd Bank, and it also controls the Geneva-headquartered Hinduja Bank.
- London court accepts daughter Vinoo as SP Hinduja's legal friendThe dispute is potentially precedent-setting because it involves the rights of female inheritors.
- IndusInd Bank jumps 6% as Hindujas seek RBI nod to raise stakeCiting the relaxation granted to Uday Kotak recently, Hindujas want to raise stake in the bank to 26 per cent from the mandated 15 per cent.
- Hindujas seek nod to raise holding in IndusInd Bank to 26%We have written to the RBI to increase shareholding to 26%. Stronger the promoter, more committed he will be, says Hinduja.
- Ashok Leyland sells 31.25 lakh IndusInd Bank shares for Rs 149 croreAshok Leyland today offloaded 31.25 lakh shares of private sector lender IndusInd Bank for an estimated Rs 149 crore through the open marke...
- Hinduja Group sells 4.7 lakh IndusInd Bank scrips to group entityHinduja Group Ltd today sold 4.70 lakh shares of private sector lender IndusInd Bank to another group entity Hinduja Ventures for Rs 21.15 ...
- IndusInd Bank debuts on Nifty; shares soar 3%IndusInd Bank today debuted on the stock market barometer index Nifty amid strong buying interest among investors.
- IndusInd Bank debuts on Nifty; shares soar 3 pcIndusInd Bank and state-run mining firm NMDC replaced Wipro and Siemens on the 50-share benchmark index of NSE this morning.
- New generation banks build 14 per cent market share in deposits & loansSince RBI last licensed private banks over 10 years ago, new generation private lenders have built a market share of 14% in deposits and al...
- Luxembourg blocks sale of Belgium bank's arm to HindujasLuxembourg regulator, CSSF has blocked sale of the private banking unit of Belgium's KBC Bank to Hinduja group, putting hurdles in the Indi...
- Hindujas buy Europe’s KBL for e1.35 billionSP Hinduja, speaking to ET in London, said this deal will bring “The best of east merging with west. Private banking in India badly needs g...
- Dubai allows Hindujas to offer full range of banking servicesThe Dubai Financial Services Authority has upgraded the Hinduja Bank's licence, a move that will allow it to provide a whole range of finan...
- Hindujas to grow broking, consumer finance bizThe $2-billion Hinduja Group is learnt to be changing its strategy for greater presence in the financial sector.
- Dhanalakshmi key shareholder sells 27% more for Rs 100 croreP RAJA Mohan Rao, the key shareholder of south-based Dhanalakshmi Bank, has sold 27% of his shares in a series of bulk deals for over Rs 10...
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