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IndusInd Promoter IIHL Mauritius Acquires Full Ownership of Bahamas-Based Sterling Bank

Summary by Live Mint
IndusInd International Holdings has completed the acquisition of Sterling Bank, which has been renamed IIHL Bank & Trust Limited. The strategic move aligns with IIHL's goal of becoming a global financial leader, targeting $50 billion market cap by 2030 in the BFSI space.

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IndusInd promoter IIHL Mauritius acquires full ownership of Bahamas-based Sterling Bank

IndusInd International Holdings has completed the acquisition of Sterling Bank, which has been renamed IIHL Bank & Trust Limited. The strategic move aligns with IIHL's goal of becoming a global financial leader, targeting $50 billion market cap by 2030 in the BFSI space.

·New Delhi, India
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IIHL Mauritius, promoter of IndusInd Bank, acquires 100% equity in Sterling Bank, Bahamas

Sterling Bank renamed IIHL Bank & Trust

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Zawya broke the news in on Monday, October 6, 2025.
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