IndusInd Bank plans to raise Rs 30,000 crore for business growth through debt securities and share sales.
Mumbai's IndusInd Bank plans to raise Rs 30,000 crore through debt securities and share sales, with approval from the Board of Directors. The funds will support business growth and expansion, including issuance of Rs 20,000 crore through private debt placement and Rs 10,000 crore through securities like ADRs and GDRs. The proposal will be discussed at the bank's 30th annual general meeting on August 27.
July 19, 2024
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