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IIHL Purchases 100 percent of the stock of Sterling Bank Bahamas

October 18, 2025
  • IndusInd bank of Mauritius, which is promoted by IIHL Mauritius, has purchased 100 per cent of the shares in the Sterling Bank in the Bahamas under its subsidiary.
  • It used to own a majority of 51% since 2022.
  • The bank will be re-named to IIHL bank and trust limited.
  • The relocation would provide IIHL with a larger international presence and offer new technologies in the field of finances.
  • Chairman: Ashok P. Hinduja.

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