India: Route One Investment gets RBI's approval to raise stake in IndusInd Bank

India: Route One Investment gets RBI's approval to raise stake in IndusInd Bank

India Gate. Photo: Abhidev Vaishnav/unsplash

Private sector lender IndusInd Bank on Friday said the Reserve Bank of India (RBI) has cleared a proposal by Route One Investment Company LP (ROIC) to raise its stake in the lender by up to 10%.

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