Home Business IndusInd Bank receives RBI nod to acquire IL&FS arm

IndusInd Bank receives RBI nod to acquire IL&FS arm

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(G.N.S) Dt. 04 New Delhi IndusInd Bank Ltd. having entered into an agreement with Infrastructure Leasing and Financial Services Limited, the promoter shareholder of IL&FS Securities Services Limited (“ISSL”) to acquire 100% of ISSL (“Proposed Acquisition”), the Reserve Bank of India has granted approval for the Proposed Acquisition. Private sector

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