IndusInd's Hindujas welcome RBI move to raise promoter stake to 26%
The Hindujas, who had earlier sought to increase their holding in IndusInd Bank, have welcomed RBI's move to allow promoters to raise their stake in private banks to 26% from the current 15%. "We eagerly await the operating guidelines as it gives the promoters an opportunity to inject capital to increase stake up to 26%," IIHL Chairman Ashok Hinduja said.
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