Question

Hinduja group firm IndusInd International Holdings Ltd (IIH

  • L , the promoter of IndusInd Bank, is planning to raise ______ to increase its stake in the lender to 26 per cent from the current 15 per cent in the bank.
A $1.1 billion
B $1.3 billion
C $1.5 billon
D $1.7 billion
E None of these
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