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India’s IndusInd Bank proposes Rs. 10 billion of nonconvertible debt
By Tali Rackner
Minneapolis, April 5 – IndusInd Bank Ltd. informed the Bombay Stock Exchange that it proposes to issue Rs. 10 billion of nonconvertible perpetual subordinated and unsecured Basel III compliant bonds.
The rated, listed bonds will be issued via private placement, according to a notice.
IndusInd Bank is a private bank with headquarters in Mumbai, India.
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