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Published on 3/5/2020 in the Prospect News Emerging Markets Daily.

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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