IndusInd Bank has received an approval for raising of funds through debt securities in any permitted mode on a private placement basis as may be decided, for an aggregate amount of Rs 20,000 crore or its an equivalent amount in such foreign currencies as may be necessary subject to approval of the Members of the Bank and receipt of regulatory / statutory approvals, as applicable. The Board of Directors of the Bank at its meeting held on July 20, 2023 approved the same.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.
