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IndusInd Bank planning to raise funds via debt securities

05 Mar 2020 Evaluate

IndusInd Bank is planning for the borrowing and raising of funds in Indian and / or Foreign Currency by issuance of debt securities in the nature of Additional Tier 1 Capital (AT1) and / or Tier 2 Capital (T2 Bonds) of the Bank. The meeting of the Board of Directors of the Bank is scheduled to be held on March 09, 2020, to consider and approve the same.

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

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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