IndusInd Bank Secures RBI Nod for New Mutual Fund Subsidiary, to Infuse Equity Capital Aug. 19, 2024, 6:53 p.m. IndusInd Bank has received approval from the Reserve Bank of India (RBI) to set up a wholly owned subsidiary for managing mutual funds.The bank will infuse equity capital into this n… Unlock the Full Filing And Lot More Access premium insights and stay ahead of the market with Dzambhala Pro. Learn More