IIHL ready to support IndusInd Bank through equity infusion: Hinduja

Shares of the lender closed 1.82 per cent higher on the BSE on Tuesday, despite trading in the red in the early session

Following IndusInd Bank’s weakest quarterly performance in the January-March quarter (Q4FY25), Ashok P Hinduja, chairman of IndusInd International Holdings (IIHL) — the bank’s promoter — said on Thursday that IIHL is ready to provide additional equity support if needed to drive business growth. 

 

His remarks come amid a wave of downgraded growth estimates from brokerages, reflecting growing scepticism about the bank’s prospects.

 

“Though the capital adequacy of the bank is quite healthy, for business growth, should any further equity be required, IIHL, as the promoter of IndusInd Bank, remains committed to supporting the bank, as it has done over the