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Private sector lender IndusInd Bank, on Tuesday, said it has raised $400 million in funds at a coupon rate of 3.875 per cent per annum, payable semi-annually. The notes will be listed on Singapore SGX and the India INX, Gift City.
“This gives the bank not only an important source of funds diversification, but also an enhanced capability to support the growth aspirations of our Indian clients that are expanding in the region and globally,” said Romesh Sobti, Managing Director and CEO, IndusInd Bank.
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