CURRENT AFFAIRS : BANKING & FINANCE
IndusInd Bank to enter insurance, mutual funds business & launch digital bank ‘Indie’
- In a bid to expand its portfolio beyond its core banking business, IndusInd Bank is planning to foray into mutual funds, insurance and broking sectors.
- The bank is likely to approach the Securities and Exchange Board of India (SEBI), the Insurance Regulatory and Development Authority of India (IRDAI) and other regulators to get the necessary licences.
