IndusInd Bank avails USD 500 Million Syndicated Term Loan facility

For utilisation for general banking purposes

IndusInd Bank has concluded a USD 500 Million Syndicated Term Loan Facility from a group of overseas lenders. The tenor of the facility is 3 years and will be used for general banking purposes.

This fund-raising, along with the funds raised during this financial year from multilateral institutions, viz., ADB and OPIC, will help the Bank in expanding its lending to clients.

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