Opic Indusind Bank
CCI clears stake acquisition in RCap by IIHL, IIHL BFSI (I) Ltd, Aasia
Fair trade regulator Competition Commission of India on Wednesday said it has cleared the proposed stake acquisition in Reliance Capital by IndusInd International Holdings Ltd, IIHL BFSI (India) Ltd, and Aasia Enterprises. Reliance Capital Ltd (RCL) is an RBI-registered non-banking, non-deposit-taking systemically important company (NBFC-CIC-ND-SI). It is engaged in the financial service sector. The combination relates to the acquisition of a controlling stake in Reliance Capital Ltd by IndusInd International Holdings Ltd, IIHL BFSI (India) Ltd, and Aasia Enterprises. Post the completion of the transaction, IndusInd Bank, along with other entities, will have a controlling stake in Reliance Capital. "Commission approves the proposed acquisition of the control/stake in Reliance Capital Limited by IndusInd International Holdings Limited, IIHL BFSI (India) Limited, and Aasia Enterprises," CCI said in a post on X. In July, Hinduja group-owned IndusInd International Holdings (IIHL), th
 "CCI clears stake acquisition in RCap by IIHL, IIHL BFSI (I) Ltd, Aasia")
IndusInd Bank raises $225 million loan from OPIC; to support MSME lending
Agreement will facilitate at least 25% of the proposed facility to support women entrepreneurs
 "IndusInd Bank raises $225 million loan from OPIC; to support MSME lending")
OPIC, IndusInd Bank sign pact for $225-mn MSME loan facility
OPIC is a self-sustaining US govt agency that helps American businesses invest in emerging markets
 "OPIC, IndusInd Bank sign pact for $225-mn MSME loan facility")
