IndusInd Bank has stated that it does not have any plans to raise additional capital, even though the Hinduja group, its promoter, intends to increase their stake in the bank. The bank is confident in its current total capital adequacy ratio of 18% and considers it to be well-capitalized. This clarification came in response to speculations about the bank’s capital raising plans. IndusInd Bank seems to be focused on maintaining its capital adequacy and does not foresee the need for additional capital in the near future.
IndusInd Bank Clarifies No Plans for Additional Capital
IndusInd Bank clarified that there are no plans to raise additional capital, despite the Hinduja group's intention to increase their stake in the bank. The bank believes its current capital adequacy of 18% is sufficient to meet its requirements.
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