The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing.
IndusInd Bank Shares Up 2.6 Per Cent, Lender Received RBI Approval For AUM Business For Mutual Funds
