IndusInd Bank Limited has received approval from the Reserve Bank of India (RBI) to establish a wholly owned subsidiary for undertaking stock broking business. The approval was granted via RBI letter dated August 7, 2026.
The approval includes permission for the bank to infuse equity capital into the proposed stock broking subsidiary. The approval is subject to additional conditions as set out in the RBI letter, though the specific conditions are not detailed in this disclosure.
This regulatory disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation has been uploaded to the bank's official website at www.indusind.bank.in for public access.
The disclosure was signed by Anand Kumar Das, Company Secretary of IndusInd Bank Limited, on August 7, 2026 at 19:39:36 IST from the bank's corporate office at Solitaire Corporate Park, Building No. 7, Ground floor, Andheri - Ghatkopar Link Road, Chakala Andheri (E), Mumbai - 400 093.