IndusInd Bank To Mull Fundraising Via Bonds, Equity Instruments Next Week

IndusInd Bank Ltd. said its board will meet on Wednesday to consider raising funds through long-term bonds or other debt securities.

The board will also discuss capital raising options including American Depository Receipts, Global Depository Receipts, qualified institutional placements, or any other method, subject to shareholder and regulatory approvals, the bank said in an exchange filing Friday.