IndusInd Bank approves INR 30,000 crore capital raise

IndusInd Bank's board approved raising up to INR 20,000 crores through debt securities via private placement, and an additional INR 10,000 crores through other securities like ADRs, GDRs, or QIPs.

The board also approved amendments allowing promoters to nominate up to two directors, both subject to member and regulatory approvals.