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IndusInd Bank board to consider tier 1, tier 2 capital issue
By Sarah Lizee
Olympia, Wash., March 5 – IndusInd Bank Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Monday to consider and approve borrowing and raising of funds in Indian rupees and/or foreign currencies by issuance of additional tier 1 capital or tier 2 capital.
IndusInd Bank is a private bank with headquarters in Mumbai, India.
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