Business Standard

IndusInd Bank

Stocks to watch on July 8: NLC India, IndusInd Bank, BoB, JM Fin, Marico

Stocks to watch on July 8: Induslnd Bank's Q1FY25 estimates highlighted significant YoY growth. Net advances increased by 16 per cent Y-o-Y to Rs 3.48 trillion, while deposits grew by 15 per cent

Stocks to watch on July 8: NLC India, IndusInd Bank, BoB, JM Fin, Marico
Updated On : 08 Jul 2024 | 8:13 AM IST

Lifetime free credit card is for a select few: How to get one for yourself

Such cards do not charge annual or renewal fees for the entire duration of their validity

Lifetime free credit card is for a select few: How to get one for yourself
Updated On : 21 Jun 2024 | 10:48 AM IST

5 private bank stocks for your portfolio; Check trading strategy here

ICICI Bank stock looks strong on charts. Among others Bandhan Bank, IDFC First Bank, IndusInd Bank and RBI Bank can rally up to 21%; check key levels

5 private bank stocks for your portfolio; Check trading strategy here
Updated On : 20 Jun 2024 | 12:10 PM IST

Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here

After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement

Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here
Updated On : 20 Jun 2024 | 6:24 AM IST

Bernstein sees 20% upside in IndusInd Bank, 7% downside in Bajaj Finance

The downside in Bajaj Finance, Bernstein said, was because much of the positives are priced into the stock's rich valuations

Bernstein sees 20% upside in IndusInd Bank, 7% downside in Bajaj Finance
Updated On : 19 Jun 2024 | 9:39 AM IST

IIHL sets sights on $50 bn valuation by 2030: Chairman Ashok Hinduja

The Hinduja Group arm will raise stake in IndusInd Bank to 26%; IIHL, Aasia Enterprises acquisition of Rel Cap to meet Irdai norms

IIHL sets sights on $50 bn valuation by 2030: Chairman Ashok Hinduja
Updated On : 05 May 2024 | 11:11 PM IST

IndusInd Bank Q4 results: Net profit rises 15% to Rs 2,349 crore

The lender spends 8 per cent to 10 per cent of its cost to income on IT-related expenditure

IndusInd Bank Q4 results: Net profit rises 15% to Rs 2,349 crore
Updated On : 25 Apr 2024 | 10:32 PM IST

IndusInd Bank Q4 result: PAT up 15% to Rs 2,349 cr on healthy loan growth

The bank's net loans grew 18%, it had said in its quarterly update earlier this month, outpacing a 14% growth in deposits

IndusInd Bank Q4 result: PAT up 15% to Rs 2,349 cr on healthy loan growth
Updated On : 25 Apr 2024 | 5:20 PM IST

Tech Mahindra and Bajaj Fin among 38 firms to report Q4 results today

TCS, Infosys, and Wipro are IT majors that have already declared their numbers for the quarter

Tech Mahindra and Bajaj Fin among 38 firms to report Q4 results today
Updated On : 25 Apr 2024 | 2:07 PM IST

IndusInd Bank successfully executes RBI's programmable CBDC pilot

For this pilot, IndusInd Bank collaborated with circularity innovation hub

IndusInd Bank successfully executes RBI's programmable CBDC pilot
Updated On : 22 Apr 2024 | 7:57 PM IST

Hinduja Group enters MF space as IIHL picks up 60% in Invesco AMC

Inks deal with US' Invesco to form JV; IndusInd to hold 60% stake

Hinduja Group enters MF space as IIHL picks up 60% in Invesco AMC
Updated On : 10 Apr 2024 | 12:00 AM IST

IndusInd Bank records 18% growth in advances at Rs 3.42 trillion in Q4

Private sector lender IndusInd Bank on Thursday said it has posted an 18 per cent growth in advances at Rs 3,42,857 crore during the March quarter. Net advances stood at Rs 2,89,924 crore at the end of the fourth quarter of the last financial year, IndusInd Bank said in a regulatory filing. The bank's deposits also rose 14 per cent to Rs 3,84,789 crore in the quarter under review, from Rs 3,36,438 crore in the same period a year ago, it said. IndusInd Bank's low-cost deposits -- current account and saving deposits (CASA) -- declined to 37.9 per cent as against 40.1 per cent of the total liabilities during the quarter. Meanwhile, Suryoday Small Finance Bank reported a 41 per cent increase in gross advances to Rs 8,650 crore for the fourth quarter ended March 2024 against Rs 6,114 crore in the year-ago period. At the same time, the bank posted a 50 per cent jump in deposits to Rs 7,775 crore as compared to Rs 5,167 crore in the same quarter a year ago, Suryoday Small Finance Bank sa

IndusInd Bank records 18% growth in advances at Rs 3.42 trillion in Q4
Updated On : 04 Apr 2024 | 11:11 PM IST

IndusInd Bank launches Indus PayWear, an all-in-one tokenisable wearable

This tokenisable wearable, for both debit and credit cards, has been launched by Induslnd Bank in collaboration with Mastercardand can be purchased in the form of a ring, watch clasp, or stickers

IndusInd Bank launches Indus PayWear, an all-in-one tokenisable wearable
Updated On : 11 Mar 2024 | 1:49 PM IST

RBI allows HDFC Bank group to buy up to 9.5% stake in ICICI Bank, 5 others

The group will also acquire stakes in Axis Bank, YES Bank Suryoday Small Finance Bank, IndusInd Bank, and Bandhan Bank

RBI allows HDFC Bank group to buy up to 9.5% stake in ICICI Bank, 5 others
Updated On : 06 Feb 2024 | 11:52 PM IST

HDFC Bank Group gets RBI approval to acquire 9.5% stake each in six banks

RBI's approval is valid for one year from the date of RBI's letter, i.e., till February 4, 2025

HDFC Bank Group gets RBI approval to acquire 9.5% stake each in six banks
Updated On : 06 Feb 2024 | 11:05 AM IST

RBI approves HDFC Bank Group's proposal to acquire 9.5% in IndusInd Bank

The RBI has said that HDFC Bank needs to acquire major shareholding within one year from February 5, 2024, failing which the approval shall stand cancelled

RBI approves HDFC Bank Group's proposal to acquire 9.5% in IndusInd Bank
Updated On : 06 Feb 2024 | 10:40 AM IST

Margin pressure

Investment revival will boost credit growth

Margin pressure
Updated On : 28 Jan 2024 | 9:21 PM IST

IndusInd Bank drops 3% as analysts see limited near-term upside post Q3

IndusInd Bank share price: Shares of IndusInd Bank declined 4 per cent to Rs 1,550 apiece on the BSE in Friday's intraday trade after its Q3FY24 results

IndusInd Bank drops 3% as analysts see limited near-term upside post Q3
Updated On : 19 Jan 2024 | 10:49 PM IST

BNP Paribas sells shares of two companies worth Rs 668 cr via open market

Financial services company BNP Paribas on Friday sold shares of two companies for Rs 668 crore through open market transactions. BNP Paribas, through its affiliate BNP Paribas Arbitrage, offloaded shares of private sector lenders, HDFC Bank and IndusInd Bank in two separate transactions on the BSE. According to the block deal data available with the BSE, BNP Paribas Arbitrage disposed of 18.23 lakh shares of HDFC Bank at an average price of Rs 1,480 apiece. It also sold more than 25.50 lakh shares of IndusInd Bank at an average price of Rs 1,560 per piece on the exchange, as per the block deal data. This took the combined transaction value to Rs 667.72 crore. Meanwhile, in two separate transactions, Goldman Sachs (Singapore) Pte - ODI picked up 18.23 lakh shares of HDFC Bank and acquired more than 25.50 lakh shares of IndusInd Bank at the same price. On Friday, shares of HDFC Bank fell 1.08 per cent to close at Rs 1,470.70 each on the BSE, while the scrip of IndusInd Bank decline

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Updated On : 19 Jan 2024 | 9:51 PM IST

IndusInd Bank Q3 results: Net profit rise 17.2% to Rs 2,301.5 crore

The Net Interest Income (NII) which is the difference between interest earned and paid - stood at Rs 5296 crore for the period which was 17.81 per cent up from Rs 4495 crore in the year ago period

IndusInd Bank Q3 results: Net profit rise 17.2% to Rs 2,301.5 crore
Updated On : 18 Jan 2024 | 9:26 PM IST