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IndusInd raises $2 billion via market deposits after discrepancies
short by Shristi Acharya / on Wednesday, 26 March, 2025
After revealing discrepancies in its derivatives portfolio, IndusInd Bank raised up to $2 billion (₹17,134 crore) through sale of certificates of deposits (CDs) in March to increase its capital, National Automated Clearing House data showed. This will be the bank's biggest monthly haul in two years. According to Reuters, IndusInd spokesperson said that the bank has "healthy liquidity position".
read more at Reuters