Archive · 23 Jul 2025
IndusInd Bank Plans to Raise ₹30,000 Crore to Boost Capital
IndusInd Bank is planning to get more money to boost confidence.
They are going to get ₹30,000 crore by selling things like bonds and stocks.
₹20,000 crore will come from selling debt, and ₹10,000 crore from selling stocks.
The bank will also let its main owners, the Hindujas, pick two board members.
This follows issues in accounting of derivatives that caused former leaders to leave.
This is all to help the bank.
IndusInd Bank's board approved raising ₹30,000 crore via debt and equity.
₹20,000 crore will be raised through debt securities.
₹10,000 crore will be raised through securities including ADRs and QIP.
Amendments to Articles of Association will allow Hindujas to appoint directors.
Former CEO resigned due to accounting lapses in derivatives portfolio.
- Who
- IndusInd Bank.
- What
- IndusInd Bank approved raising ₹30,000 crore.
- When
- July 23, 2025
- Where
- Not specified in the article.
- Why
- To boost investor sentiment and augment capital base.
- Total Amount to be Raised
- ₹30,000 crore
- Debt Securities
- ₹20,000 crore
- Equity Securities
- ₹10,000 crore
- Promoter's Right
- Hindujas can appoint two directors
- Former CEO
- Sumath Kathpalia resigned