India, July 24 -- IndusInd Bank, which posted a consolidated net loss of Rs 2,328.9 crore in the March quarter of FY25 due to accounting lapses and fraud in its microfinance portfolio, announced on Wednesday that its shareholders have approved a plan to raise up to Rs 30,000 crore through a combination of debt and equity.
The decision was taken at the bank's 31st Annual General Meeting, where shareholders also gave the green light to a proposal allowing the promoters to appoint two directors to the bank's board, the bank said in a regulatory filing.
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