($1 = 82.6200 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Savio D'Souza)
MUMBAI, Feb 16 (Reuters) - India's IndusInd Bank Ltd plans to raise funds through the sale of certificates
of deposit maturing in one year, three merchant bankers said on
Thursday.
The private lender will offer a yield of 7.90% on the issue
and has received commitments worth around 10 billion rupees
(about $121 million) so far, the bankers said.
The notes are rated A1+ by CRISIL.
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