INDUSIND BANK LTD. - 532187 - Announcement Under Regulation 30 (LODR)
We were informed about market speculations on the Bank's exposure to a large HFC. We wish to clarify that, as of September 29th 2019 closing, the Bank's gross exposure (aggregate of funded and non-funded) to the HFC, its subsidiaries and associate finance companies stands at approximately 0.35% of the loan book. The exposure is fully / strongly collateralised with no overdues. The group also maintains equal or higher amounts of unpledged fixed deposits with the Bank.30-09-2019