Page 15 - Indusind Bank

Nippon Life India AMC surges 8%, hits new high after huge block deal

According to reports, IndusInd Bank was seeking to divest 2.86 per cent stake in Nippon AMC

IndusInd Bank to allow CNG bill payments through CBDC in Delhi-NCR

The users will also be allowed to scan any UPI QR using their digital Rupee app across all IGL stations in the region

No additional share pledge by IIHL and subsidiary in IndusInd Bank

The promoter entities' pledge of shares as on date works out to 6.87 per cent of the paid-up share capital of the IndusInd Bank and has remained unchanged since long,'' the statement said.

IndusInd Bank, Suzlon Energy among nine firms added to MSCI India Index

As many as nine firms, including IndusInd Bank, Suzlon Energy and One 97 Communications, were added to the MSCI India Index, according to an update announced by index compiler MSCI. There are nine additions to the MSCI India index, and the changes in constituents will take place on the close of November 30, 2023, it said. APL Apollo Tubes, IndusInd Bank, Macrotech Developers, One 97 Communications (Paytm's parent firm), Persistent Systems, Polycab India, Suzlon Energy, Tata Communications and Tata Motors will be added to the MSCI India index, as per the announcement. Shares of Suzlon Energy jumped 4.79 per cent, One 97 Communications rallied 2.90 per cent, Tata Motors climbed 2.84 per cent, Persistent Systems (0.61 per cent) and Macrotech Developers (0.37 per cent) on the BSE. However, the stock of IndusInd Bank fell 1.05 per cent, Tata Communications lost 1.26 per cent, APL Apollo Tubes dipped 0.90 per cent, and Polycab India skidded 0.04 per cent. MSCI Global Standard Index is .

India's weightage climbs to highest level on MSCI Global Standard index

This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note

MSCI Index inclusion likely to spur big churn for domestic stocks

IndusInd, Suzlon, Paytm among nine companies seen getting added to the index

Bajaj Auto, Wipro, Bandhan Bk: Trading strategies in stocks post Q2 results

Charts suggest that Bajaj Auto can potentially rally up to 7 per cent from present levels, while Bajaj Finance, Bandhan Bank and Wipro can tumble up to 21 per cent.

Stocks to Watch today: Bajaj Auto, Wipro, RIL, Dabur, IndusInd, Bandhan Bk

Stocks to watch on Thursday, October 19, 2023: FMCG majors ITC, Hindustan Unilever and Nestle also likely to be in focus ahead of Q2 results today.

IndusInd Bank Q2 results: Net profit up 22% on NII growth, low provision

Yield on assets for the quarter stood at 9.69 per cent, compared to 8.65 per cent in the same quarter of the previous year

IndusInd Bank Q2 results: Net profit jumps 22% on robust growth in loans

(Reuters) -Indian private lender IndusInd Bank reported a 22.1% rise in second-quarter profit on Wednesday, helped by robust growth in loans and core lending income.

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens

Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel

Stocks to Watch: TCS, Adani Group, IndusInd Bank, Aster DM, RVNL, Cipla

Stocks to Watch on October 12, 2023: RBI has allowed SBI Mutual Fund to acquire up to 9.99 per cent stake in IndusInd Bank

IndusInd Bank launches digital banking app, aims 10 mn customers in 3 years

The app boasts a transparent rewards programme, wherein users can select their favourite brands from leading e-commerce platforms

Q2 advances: Federal Bank to BoM, banks clock healthy double-digit growth

The pace of loan growth for these lenders was higher than the 15.1 per cent Y-o-Y growth in advances of the banking system until 8 September 2023, according to Reserve Bank of India's data

IndusInd Bank announces global association with ICC ahead of World Cup 2023

IndusInd Bank said that the partnership aims at driving activities and promotions for the banks' customers, employees and cricket fans

Poonawalla Fincorp gets RBI nod to issue co-branded credit card

Poonawalla Fincorp, a Cyrus Poonawalla group- promoted NBFC, has received Reserve Bank of India's approval to issue co-branded credit card with IndusInd Bank. The company envisages to launch this credit card within three months, Poonawalla Fincorp said in a statement. This partnership will enable Poonawalla Fincorp to usher in a new age of flexible and versatile retail credit, it said.

IndusInd Bank launches 'virtual commercial card' for cross-border payments

In partnership with Visa and Juspay, the virtual card has additional layers of security that give users complete control over their international expenses, thus making it safe and hassle-free

Coffee Day up 20%, hits upper circuit limit after settlement with creditor

Shares of Coffee Day Enterprises Ltd jumped 20 per cent on Wednesday after Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns and operates coffee chain Cafe Coffee Day. The stock rallied 19.77 per cent to settle at Rs 51.26 apiece on the BSE. During the day, it jumped 20 per cent to Rs 51.36 -- its upper circuit limit. On the NSE, it zoomed 20 per cent to Rs 51.30 per piece -- its upper circuit. In volume terms, 31.18 lakh shares of the company were traded on the BSE and over 2 crore shares on the NSE during the day. Counsel representing CDGL and IndusInd bank on Wednesday informed the Chennai bench of National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw insolvency litigations. A two-member bench comprising Justice M Venugopal and Shreesha Merla took their submissions on record and set aside the order ...

Coffee Day Global settles with creditor; NCLAT sets aside insolvency order

On July 20, the Bengaluru bench of NCLT had directed the initiation of insolvency proceedings against CDGL

IndusInd Bank: Adopt a bear spread strategy for the August expiry

Short build up seen in Indusind bank Futures on Thursday, with a 2 per cent addition in Open Interest (Prov) and price falling 1.21 per cent: HDFC Securities