Focus Merit

Tag: IndusInd Bank

HDFC Bank, IndusInd in ‘red flag’ list on nearing foreign investment cap

November 17, 2020
IndusInd Bank
  • HDFC Bank & IndusInd Bank have been placed in the ‘red flag’ list, a system used for observing foreign portfolio investor (FPI) limits.
  • A listed company enters the list when the available legroom for overseas investment is less than 3% of the sanctioned limit.

IndusInd Bank starts ‘India’s first’ mobile app ‘Indus Corporate’ based convenience for opening current accounts

June 5, 2020
IndusInd Bank
  • IndusInd Bank has declared the release of a first-of-its-kind assisted mobile application based convenience, that allows the bank to open current accounts for self-employed individuals and businesses digitally, in just a few hours.