As per Economic Times report, IndusInd Bank has clarified that it is not engaged in any discussions to onboard a strategic partner, dismissing reports suggesting UK-based Hinduja Group, its top shareholder, was seeking to sell a minority stake to a global entity.
On December 4, 2025, IndusInd Bank denied news reports indicating ongoing talks for a strategic partnership. The bank stated, “There is no discussion of this nature underway with anyone in the bank.”
This statement follows a report by Economic Times in which Ashok Hinduja, Chairman of IndusInd International Holdings, hinted at the Hinduja Group’s intention to identify a partner with global expertise to hold a minority stake in the lender.
The bank’s denial seeks to reassure stakeholders and investors amid speculation around structural shifts and stake dilution. This clarification comes after recent updates on the bank's operational overhaul and internal audits to improve governance and compliance processes.
The Hinduja Group, headquartered in the UK, is the largest shareholder in IndusInd Bank. Earlier in the day, Economic Times cited Hinduja stating that the group was scouting for a global institution with strategic capabilities to support its long-term business outlook. However, the bank’s firm denial suggests that discussions, if any, are either premature or speculative in nature.
Read More: IndusInd Bank Appoints Balaji Narayanamurthy as Chief Data Officer!
As of December 4, 2025, at 1:10 PM, IndusInd Bank share price on NSE was trading at ₹866.20 up by 2.28% from the previous closing price.
IndusInd Bank has categorically denied reports of discussions for a strategic partnership, distancing itself from comments made by Hinduja Group's representatives. The bank continues to focus on internal improvements and aligning with industry growth trends.
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Published on: Dec 4, 2025, 1:58 PM IST
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