Indusind Bank may issue convertibles

By Devika Patel

Knoxville, Tenn., Oct. 24 - Indusind Bank Ltd. informed the Bombay Stock Exchange that it approved plans to issue convertible bonds at an annual general meeting on Sept. 28.

Other securities being considered are American Depositary Receipts, Global Depositary Receipts equity share warrants and other instruments linked to equity shares.

Indusind Bank is a private bank with headquarters in Mumbai, India.

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