21 Nov 2025 | 5 Mins Read
IndusInd Bank rejects speculation of upcoming QIP
Flipitmoney
IndusInd Bank shares gained 3% on November 21, after the bank issued a clarification denying reports of a potential $1 billion capital raise. The bank stated reports were speculative and factually inaccurate, having held no discussions. A capital raise could occur within one to two months, possibly above book value, following recent stock price appreciation.