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IndusInd Bank says report on merger with Kotak Mahindra Bank is 'untrue and malicious'

Updated : October 26, 2020 08:08 AM IST

In a statement sent to CNBC-TV18, IndusInd Bank said, "The promoter of IndusInd Bank, IndusInd International Holdings Limited (IIHL), completely denies the said rumour and considers it malicious, untrue and baseless."

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