19 Jul 2022 , 09:59 AM
IndusInd Bank, a private lender, announced on Monday that its board has authorized a plan to raise Rs 20,000 crore in debt to support corporate expansion. In its meeting on Monday, the bank’s board of directors approved the plan, according to a statement from IndusInd Bank.
The board authorized the issuance of debt securities in any permitted manner through a private placement on the condition that the total amount raised does not exceed Rs20,000 crore.
According to the statement, it may also be raised in foreign currencies if needed, provided that the bank’s members approve and it receives any further governmental or regulatory permissions.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
