[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Stock Market Insights With The Bull! (India) [@TheBullCharge](/creator/twitter/TheBullCharge) on x 1657 followers Created: 2025-07-24 02:02:16 UTC ▪ IndusInd Bank IndusInd Bank plans to raise up to Rs XXXXXX cr via debt, equity IndusInd Bank, which reported a net loss of Rs XXXXXXX crore in the last quarter, on Wednesday said its shareholders have approved raising up to Rs XXXXXX crore through a mix of debt and equity. The private sector bank had a consolidated net loss of Rs XXXXXXX crore in the March quarter of 2024-25 due to accounting lapses and fraud in the microfinance portfolio. The shareholders at the 31st annual general meeting also approved a proposal to permit promoters to appoint two directors on the board of the bank, IndusInd Bank said in a regulatory filing. The Hinduja family owns XXXXX per cent stake in the bank and are classified as its promoters. With approval of the Reserve Bank of India, amendments in Articles of Association of the bank empower promoters to collectively have the right to nominate up to two directors on the board subject to non-executive non-independent directors (including the nominee directors) not exceeding two in number, subject to approval of shareholders, it said. #IndusindBank XX engagements  **Related Topics** [debt](/topic/debt) [india](/topic/india) [stocks](/topic/stocks) [Post Link](https://x.com/TheBullCharge/status/1948202037331755062)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Stock Market Insights With The Bull! (India) @TheBullCharge on x 1657 followers
Created: 2025-07-24 02:02:16 UTC
▪ IndusInd Bank
IndusInd Bank plans to raise up to Rs XXXXXX cr via debt, equity
IndusInd Bank, which reported a net loss of Rs XXXXXXX crore in the last quarter, on Wednesday said its shareholders have approved raising up to Rs XXXXXX crore through a mix of debt and equity.
The private sector bank had a consolidated net loss of Rs XXXXXXX crore in the March quarter of 2024-25 due to accounting lapses and fraud in the microfinance portfolio.
The shareholders at the 31st annual general meeting also approved a proposal to permit promoters to appoint two directors on the board of the bank, IndusInd Bank said in a regulatory filing.
The Hinduja family owns XXXXX per cent stake in the bank and are classified as its promoters.
With approval of the Reserve Bank of India, amendments in Articles of Association of the bank empower promoters to collectively have the right to nominate up to two directors on the board subject to non-executive non-independent directors (including the nominee directors) not exceeding two in number, subject to approval of shareholders, it said.
#IndusindBank
XX engagements
