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IndusInd Bank Gears Up for Major Fundraising Drive: Board to Mull Bonds and QIP Route

Updated: July 18, 2025 21:23

Image Source: Fortune India
IndusInd Bank will receive a huge capital injection as its board of directors will consider a two-pronged approach—raising capital by issuing long-term bonds and issuing capital by means of equity routes such as Qualified Institutional Placement (QIP) and other routes sanctioned by the Reserve Bank of India (RBI). The most important board meeting is on July 23, 2025, and is a strategic move by the bank to bolster its balance sheet and lead future growth.
 
Key Highlights
  • The board will also consider proposals for long-term financing in debt securities or bonds, in any form permitted, including private placements, with shareholder and regulatory approval.
  • Capital raising will also come up in the form of additional issue or placing of securities such as ADRs, GDRs, and particularly the QIP route with the modalities yet to be finalized.
  • The fresh capital infusion is designed to support growth plans, enhance the level of capital adequacy, and provide the headroom for business expansion in the evolving economic scenario.
  • This move is aligned with the bank's emphasis on conservative capital planning, building on previous successful QIP and preferential issue raises to build the capital base.
  • The session will consider other key AGM-related decisions, positioning corporate governance in line with capital market expectations.
Source: Reuters via Yahoo Finance, MarketScreener, Business Standard

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