IndusInd Bank gets RBI nod to enter stock broking

Private sector lender

k has received approval from the Reserve Bank of India to set up a wholly owned subsidiary for stock broking activities. The bank informed stock exchanges on August 7, 2026, that the RBI has cleared the proposal and also permitted equity capital infusion into the new entity, subject to additional conditions outlined in the central bank’s letter. The move will allow IndusInd Bank to expand its suite of financial services beyond traditional banking and offer customers investment and trading facilities through a dedicated arm. Stock broking has grown popular among retail investors with the rise of digital platforms, making it an attractive addition for banks seeking deeper capital-market ***** of IndusInd Bank closed higher following the announcement. The bank is expected to complete further regulatory and operational steps before launching the subsidiary.