IndusInd Bank to consider raising funds via long-term bonds

July 18, 2025

IndusInd Bank is set to discuss raising funds through long-term bonds at its upcoming board meeting on July 23. This consideration follows a $230 million loss due to past misaccounting, which led to the resignations of its CEO and deputy in April. The bank is also evaluating potential capital increases via depository receipts and qualified institutional placements.

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