IndusInd Bank shares jump 2% on RBI's nod for setting up a mutual fund subsidiary
The new asset management company (AMC) will enable the bank to oversee mutual fund operations, supported by equity infusion from the bank.
The new asset management company (AMC) will enable the bank to oversee mutual fund operations, supported by equity infusion from the bank.
The growth in net profit was led by higher net interest income.
Beginning its life as a microfinance company, Bandhan Bank has made its name as a commercial bank to watch out for. It now wants to leapfrog into the future. Will it be able to work its magic again?
CEOs of key private banks replaced or retiring over FY19-21; markets watching HDFC Bank, IndusInd with bated breath, says Motilal Oswal report.