IndusInd Bank Limited announced that informed that the Board of Directors, at its meeting held on April 25, 2024, has recommended a dividend of INR 16.50 per equity share of INR 10 each fully paid up (i.e. 165 %) out of the net profits for the year ended March 31, 2024, subject to the approval of the shareholders at the upcoming annual general meeting (?AGM?) of the Bank.