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Money & Banking - Overseas Borrowings
IndusInd launches GDR issue

Our Bureau

Mumbai, March 26

IndusInd Bank plans to raise above Rs 130 crore through global depository receipts. The bank has launched the issue of global depository receipts on the Luxembourg Stock Exchange, said a BSE announcement. The bank will issue close to 30 million shares, which will bring down the promoters' stake from 31.3 per cent to 28 per cent.

More Stories on : Overseas Borrowings | Private Banks

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Stories in this Section
Bankers fret over delay in ECB guidelines


IndusInd launches GDR issue
SunTec pricing tool for DBS
UTI Mutual's micro-pension scheme for rural women
Rupee closes at 20-month high
Magma raises $15 m from Netherlands finance co
Bajaj Allianz hikes capital base
Motor insurance pool to take off from April 1
Kerala Govt to amend Money-lenders Act
Bond prices fall by 35 paise
Cartridge World ties up with SBI
Call rates rule at 13-15%
Swipe Visa card at Andhra Bank to fly Kingfisher
Syndicate Bank in pact with CARE
Citigroup chief upbeat on India


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