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IndusInd Bank planning to raise funds

11 Feb 2019 Evaluate

IndusInd Bank is planning for the borrowing and raising funds in Indian or foreign currency by issuance of debt securities including but not limited to Medium Term Notes / Bonds that are eligible to be included as Additional Tier I (AT1) and Tier II Capital of the Bank.

The meeting of the Board of Directors of the Bank will be held on February 13, 2019, to consider the same.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

Peers
Company Name CMP
HDFC Bank 803.05
ICICI Bank 1584.00
Axis Bank 1332.40
Kotak Mahindra Bank 487.60
Indusind Bank 919.00
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