Riding on the RBI's relaxed rules allowing a promoter's stake to increase to 26% in private banks, the Hinduja Group is boosting its stake in IndusInd Bank. Concurrently, the group anticipates finalizing the acquisition of debt-laden Reliance Capital by November's end. In the battle for Reliance Capital, IndusInd International Holdings Ltd (IIHL) stands as the sole bidder, currently embroiled in a legal dispute with Torrent Investments, which was excluded in the second round of the auction. This acquisition will extend the group's reach into life insurance, general insurance, health insurance, asset reconstruction, and stockbroking, as per Ashok Hinduja.