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16-Apr2019

IndusInd Bank allots notes aggregating $400 million

IndusInd Bank has allotted the Notes that were launched and priced on April 8, 2019 carrying a fixed coupon of 3.875% per annum, payable on a semi-annual basis, for a tenor of three years, having maturity date of April 15, 2022, through its IBU, having an issue size of $400 million, under the Medium Term Note Programme of the Bank. The Board of Directors of the bank at its meeting held on April 16, 2019 has approved the same.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.


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