IndusInd Bank board approves plan to raise ₹30,000 crore

IndusInd Bank said that its board has approved a proposal for raising up to ₹30,000 crore through equity and debt. According to the board's decision, the bank can raise funds through routes including qualified institutional placement, American depository receipts and global depository receipts. The board also approved a proposal to raise authorised capital to ₹1,000 crore from ₹857 crore.