IndusInd Bank is eyeing to raise Rs 1,500 crore by issuing bonds on private placement basis. The bank proposes to raise funds by issue and allotment of senior unsecured redeemable non-convertible long term bonds in the nature of debentures for face value of Rs 10 lakh each for cash aggregating to Rs 1,500 crore on private placement basis.
IndusInd Bank caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on March 31, 2016, Induslnd Bank has 1,000 branches, and 1800 ATMs spread across 623 geographical locations of the country.
