IndusInd Bank raises $33.83mn via GDRs

IndusInd Bank has raised $33.83 million via global depository receipts (GDRs).

The finance committee of the board at its meeting held today allotted 2,94,90,300 equity shares of the bank of Rs 10 each under this offering.

Each equity share will be represented by one GDR, which has been priced at $1.147 per GDR.