IndusInd Bank Limited
UTI Mutual Fund's name is missing from IndusInd Bank Limited's latest list of major shareholders. This indicates the fund either fully exited its prior 1.12 percent stake or pared it down below the 1 percent regulatory disclosure limit.
A private sector commercial bank incorporated in 1994, IndusInd Bank provides a comprehensive range of banking products and financial services to corporate and retail clients across India. The bank undertakes treasury operations and maintains a presence at International Financial Service Centres within the country. As a publicly held institution, it delivers diverse financial solutions including deposit accounts, lending products, and investment services to its customer base.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.