21 Nov 2025 | 5 Mins Read
IndusInd Bank kick starts $1 billion equity raise
Flipitmoney
IndusInd Bank may raise a billion dollars through a preferential issue, priced between Rs 875-950 per share, to bolster capital ahead of ECL adoption in FY27. The bank plans to conclude the fund raise in a month or two, by January end, and expects a fresh capital infusion of Rs 6,000-7,000 crore and Rs 2,500-3,000 crore from the incoming investor and promoters respectively.