PIL filed in Delhi High Court seeking probe into Hinduja Group as promoters of IndusInd Bank

The plea also sought a direction to the RBI to disallow raising stake holding of private equity by promoters to 26% in private banks where the promoters of the same are tainted with credentials of criminality.
IndusInd Bank
IndusInd Bank

A Public Interest Litigation (PIL) has been filed in the Delhi High Court seeking investigation by a Special Investigation Team (SIT) into the ‘fit and proper’ status of Hindujas as promoters of IndusInd Bank.

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