IndusInd Bank CEO just raised $3.5 billion while FPIs fled - here's why
Key Points
- IndusInd Bank plans to raise ₹30,000 crore amid significant ...
When foreign investors are dumping Indian stocks faster than a hot samosa, what does a smart bank do? IndusInd Bank just answered that question by deciding to raise ₹30,000 crore ($3.5 billion) right when Foreign Portfolio Investors are treating Indian equities like yesterday's leftovers.
The numbers tell a brutal story: FPIs have yanked ₹5,524 crore from Indian stocks just this July, contributing to a jaw-dropping ₹83,245 crore exodus for the year. That's like watching your favorite restaurant empty out while you're still trying to get a table.
The "We'll Do It Ourselves" Strategy
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