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IndusInd to tap ₹30k cr; Hindujas on bank board
Mint Mumbai
|July 24, 2025
IndusInd Bank will raise up to $3.47 billion and allow promoters to nominate two board directors, the private sector lender said on Wednesday, as it seeks to restore confidence after reporting a $230 million accounting lapse.
The bank is looking to raise ₹30,000 crore, comprising a ₹20,000 crore issue on private placement and ₹10,000 crore capital increase through issue or placement of securities.
This story is from the July 24, 2025 edition of Mint Mumbai.
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