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IndusInd Bank Explores Share Sale to Boost Capital Amidst Book Cleaning Efforts

Banking/Finance

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Published on 21st November 2025, 12:16 AM

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Author

Aditi Singh | Whalesbook News Team

Overview

IndusInd Bank is reportedly assessing investor interest for a potential sale of shares to qualified institutional investors. This move comes as the bank works to address accounting discrepancies in forex derivatives and seeks 'confidence capital'. While the bank denies these discussions, its promoter Hinduja Group and Life Insurance Corporation are expected to participate if the fundraising proceeds.