‘Hindujas’ IndusInd pledge may rise to 80%

Macquarie warns that if IndusInd Bank’s stock drops below Rs 600, the Hinduja Group may need to pledge up to 80% of its holdings. Analysts highlight risks for other Hinduja-led entities, as the group faces debt repayment challenges and collateral pressures. Macquarie warns that if IndusInd Bank’s stock drops below Rs 600, the Hinduja Group may need to pledge up to 80% of its holdings. Analysts highlight risks for other Hinduja-led entities, as the group faces debt repayment challenges and collateral pressures.  Economic Times