Business
RBI permits LIC to lift retaining in IndusInd Bank to 10%
NEW DELHI: After Kotak Mahindra Bank, its peer IndusInd Bank said the Reserve Bank of India (RBI) has approved the largest insurer in India Life Insurance Corporation to raise its stake in the lender to up to 9.99 per cent.“We are pleased to inform you that the Bank has received an intimation from the RBI…
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