trending Market Intelligence /marketintelligence/en/news-insights/trending/Xskcy8FdiyR858G7BTC61g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

IndusInd Bank to issue 20B rupees of Basel III-compliant bonds

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


IndusInd Bank to issue 20B rupees of Basel III-compliant bonds

India-based IndusInd Bank Ltd. plans to raise 20 billion rupees by issuing Basel III-compliant bonds.

The bank said March 18 that the nonconvertible, perpetual, subordinated and unsecured debentures will qualify as Additional Tier 1 capital. The issuance will have a base size of 10 billion rupees, with a green-shoe option to retain oversubscription of up to 10 billion rupees.

The issuance is subject to regulatory approvals. The debentures will be listed on the National Stock Exchange of India.

As of March 18, US$1 was equivalent to 68.62 Indian rupees.