IndusInd Bank

IndusInd Bank News

IndusInd Bank net profit up 69% on lower provisions

The bank’s non-interest income improved 11% y-o-y to Rs 2,076 crore in Q3FY23.

January 19, 2023 01:00 IST

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ITC, ICICI Lombard, Glenmark Pharma, Tata Metaliks, Delta Corp, RVNL, IndusInd Bank stocks in focus

Indian benchmark indices BSE Sensex, NSE Nifty 50 stare at a muted start amid mixed global cues. ITC, Glenmark Pharma,…

Updated: January 18, 2023 08:16 IST

Collect Avios points of British Airways, Qatar Airways with IndusInd Credit Card soon – Details

The multi-branded credit card will be available in the Infinite variant of Visa, offering several rewards and benefits to elevate…

Updated: January 5, 2023 13:03 IST

Tata Tiago EV’s features officially revealed

Tata Motors, IndusInd Bank partner to offer EV dealer financing

IndusInd Bank will provide additional inventory funding, which would be over and above the existing ICE finance limit, with attractive…

November 29, 2022 11:04 IST

Kinetic Green Energy partners IndusInd Bank for EV financing

Kinetic Green collaborates with IndusInd Bank for EV financing schemes

Kinetic Green Energy and Power Solutions have partnered with IndusInd Bank to offer financing for their range of electric two-wheelers.

Updated: October 28, 2022 15:54 IST

Private banks’ profitability soars in Q2 on favourable lending rates

Kotak Mahindra Bank topped the chart in terms of profitability in Q2FY23

October 26, 2022 01:35 IST

The top three sectors the lender has exposure to are real estate, NBFC and gems and jewellery.

IndusInd Bank profit soars 60% on lower provisioning

The bank’s pre-provisioning operating profit (PPOP) improved 11% to Rs 3,520 crore, aided by a 9% increase in other income,…

October 20, 2022 03:00 IST

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Buy ITC, IndusInd Bank, HDFC Life stocks for short-term gains; chart show market short-term trend positive

Short-term texture of the market is positive and now 50 days SMA or 17525 and 59150 would act as a…

October 19, 2022 08:25 IST

Sell these two stocks to pocket near-term gains; Nifty resistance placed at 17038-17176

Any rallies on the upside in NSE Nifty 50 index could find resistances at 17038-17176

September 29, 2022 12:37 IST

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IndusInd Bank share price rallies 27% in a month, outperforms Nifty; analysts bullish, see 39% further jump

IndusInd Bank share price has risen around 27 per cent in the last one month, outperforming benchmark Nifty 50 which…

July 29, 2022 12:14 IST

‘Buy’ on IndusInd with price target of Rs 1,250

The loan growth improved to 18% YoY and NIMs rose, but the lender needs to improve on share of retail…

July 22, 2022 09:19 IST

IndusInd Bank shares, IndusInd Bank share price, IndusInd Bank Q1 results

IndusInd Bank share price jumps 5% after lender’s Q1 net profit jumps 60%; should you buy, hold or sell?

So far this year, IndusInd Bank share price has risen merely 1.32%

Updated: July 21, 2022 16:03 IST

Gross non-performing assets (NPAs) stood at 2.35% of advances as on March 31, 2022, up from 2.27% as on March 31, 2022. The net NPA ratio stood at 0.67%, up from 0.64% a quarter ago.

IndusInd Bank Q1FY23 profit up 61% on lower provisions, higher income

The advances book grew 18% on a y-o-y basis to Rs 2.48 trillion as on June 30, 2022 and deposits…

July 21, 2022 00:00 IST

IndusInd Bank net profit jumps 61 pc to Rs 1,631 crore in June quarter

The private sector lender had posted a net profit of Rs 1,016.11 crore in the year-ago period.

July 20, 2022 17:11 IST

IndusInd Bank approves raising Rs 20,000 crore

The fundraising plan of the bank is subject to the approval of its shareholders.

July 19, 2022 02:45 IST

“The bank continues to extend full cooperation and assistance to the law enforcement agencies and is duty bound to take appropriate action against any of the named employees if found to have deliberately facilitated/abetted the conduct of any illegitimate transaction, the lender said.

IndusInd to take action against staff if found guilty in remittance case; ED files FIR against some employees

The bank had filed ‘suspicious transaction reports’ with the regulatory authorities during the period and also approached police authorities back…

July 14, 2022 01:45 IST

Treasury profit to take a hit: G-sec yields have surged 60bps since Mar’22 to 7.5% and corporate bond yields by ~70bps. We expect this to create pressure on treasury profits for banks.

Banking, Financial Services, and Insurance sector — Q1FY23 preview: Earnings to be boosted by low base

Growth picked up in Q1; stress pool is likely to subside; HDFC Bank, IIB, SBI and Axis Bank are the…

July 11, 2022 02:30 IST

RBI slaps Rs 1-crore penalty each on KMB, IndusInd

Both banks were issued notices asking them to show cause as to why penalties should not be imposed on them.

July 5, 2022 01:15 IST

RBI imposes penalty on Kotak Mahindra Bank, IndusInd Bank

The RBI said a penalty of Rs 1 crore has been imposed on IndusInd Bank for non-compliance with certain Know…

July 4, 2022 18:28 IST

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IndusInd Bank share price jumps 3% on strong Q1 performance; analysts bullish, see up to 61% further rally

IndusInd Bank share price jumped 3% on Monday after the private sector lender reported strong business performance in the first…

July 4, 2022 14:57 IST

Piramal Enterprises seeks further extension of June 20 deadline

Earlier in May, the CoC had extended the deadline to June 20 from the earlier May 26, following a poor…

June 9, 2022 02:00 IST

IndusInd Bank invokes 14.6 million pledged shares of Birla Tyres

Private sector lender IndusInd Bank has invoked around 14.6 million pledged shares of BK Birla group company Birla Tyres, amounting…

May 18, 2022 05:45 IST

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