SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IndusInd Bank to raise Rs 1,000 crore on private placement basis

19 Apr 2017 Evaluate

IndusInd Bank has received an approval for raising Rs 1,000 crore by issuing bonds on private placement basis. The approval has been given by the finance committee of the board.

The Bank has received an approval for allotment of 10,000 rated, listed, non-convertible, perpetual, subordinated and unsecured Basel III-compliant bonds in the nature of debentures towards non-equity regulatory additional tier 1 capital, for face value of Rs 10 lakh each for cash aggregating to Rs 1,000 crore on private placement basis.

The Bank has reported 29.19% rise in its net profit at Rs 750.64 crore for third quarter ended December 31, 2016, as compared to Rs 581.02 crore for the same quarter in the previous year. Total income of the Bank increased by 22.86% at Rs 4716.13 crore for Q3FY17 as compared Rs 3838.55 crore for the corresponding quarter previous year.

Indusind Bank Share Price

922.20 -27.65 (-2.91%)
11-May-2026 16:01 View Price Chart
Peers
Company Name CMP
HDFC Bank 764.55
ICICI Bank 1266.15
Axis Bank 1271.05
Kotak Mahindra Bank 381.30
Indusind Bank 922.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×