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According to sources, IndusInd Bank has raised about $100 million by introducing shares with institutions at 87.5 rupees per share.

Indusind Bank Raises $100 Mn Via QIP
Last Updated: 2009-08-12T12:48:05+05:30
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According to sources, IndusInd Bank has raised about $100 million by introducing shares with institutions at 87.5 rupees per share.
 
The deal was arranged by Morgan Stanley and IDFC-SSKI which has caused a dilution of 13.
 
Company officials have not commented on the deal.
More news on:   • Banking & Finance  

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