Government Pension Fund Global (Norway) increased its stake in IndusInd Bank Limited from 2.31% to 2.39%, acquiring 611,251 additional shares. The value of these shares is approximately ₹62.79 crore, based on a share price of ₹1027.20.
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.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
