MUMBAI: Private lender IndusInd Bank NSE 2.33 % denied having any exploratory takeover talks with peer Kotak Mahindra Bank NSE 0.10 % and said the former has unstinted support from its promoters, the Hinduja family. Earlier in the day news agency Bloomberg had reported that Kotak Mahindra Bank is exploring a takeover of smaller rival IndusInd Bank to create the nation’s eighth-largest financial firm by assets.

“IndusInd Bank categorically denies any such developments, its malicious and ..

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