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IndusInd Bank Raises $500 M from Foreign Lender
January 03, 2018
Private sector IndusInd Bank said that it has raised 500 million USD from overseas lenders for its continued effort to expand the business operations.
The bank said that it will be able to expand its lending to the customers with the recent fundraising coupled with the funds raised throughout the financial year from OPIC, ADB, and other multilateral institutions.
Previously, the bank had raised $200 million in September and $225 million in June from the Asian Development Bank (ADB) and Overseas Private Investment Corporation (OPIC) respectively.
