Page 16 - Indusind Bank

IndusInd Bank regains Rs 1-trn market cap after 3 yrs; brokerages bullish

At 11:23 am; the stock was up 1.8 per cent at Rs 1,291.50, with a market capitalisation of Rs 1.002 trillion, the BSE data shows.

IndusInd Bank gains 15% in one month; nears 52-week high on healthy outlook

The management introduced planning cycle - 6 (FY23-26) wherein they have guided for 18-23% YoY credit growth, mainly-driven by retail (55-60% proportion) and PPOP margins to be 5.25-5.75%.

IndusInd Bank rises 3% on UBS upgrade; notches 9% gain in last 3 sessions

IndusInd Bank is likely to get added to the MSCI India Index during the rebalancing exercise in August following a sharp increase in the investment legroom for foreign portfolio investors (FPIs)

IndusInd Bank likely to get added to MSCI during Aug rebalancing exercise

The addition will be a boost for the private sector lender's stock price as it could result in inflows of over $300 million (Rs 2,500 crore)

Stocks to watch: Bajaj Auto, Nestle India, Nykaa, IndusInd Bank, Welspun

Stocks to watch today: From Bajaj Auto to Nestle India, here are top stocks to watch in Tuesday's trade

IndusInd Bank promoters get in-principal approval to raise stake: CEO

The promoters have filled out a form to increase the stake and the due diligence process takes about 90-180 days as per RBI norms, said CEO Sumant Kathpalia

Indusind Bank Q4 net up 46% at Rs 2043 cr, deposits grew 15% to Rs 3.36 trn

Private sector lender says it will expand its branch network to gain consumer confidence and help home loan business

IndusInd Bank Q4FY23 results: Net profit jumps 50% to Rs 2,040 crore

The bank's board of directors has also recommended a dividend of Rs 14 per equity share

IndusInd Bank to Persistent Systems: Q4 results to watch out for today

Tata Teleservices, Century Textiles & Industries, Tamilnad Mercantile Bank, Mahindra Logistics, IIFL Securities, Nelco, and Kshitij Investment are other companies that will declare Q4 results today

IndusInd Bank signs $100 mn loan deal with JBIC to push Japanese equipment

Under the deal, IndusInd Bank will offer credit to firms in the supply chain of Japanese OEMs in India, and to final buyers of construction machinery made by Japanese firms

Citi, JICA announce co-finance loan to IndusInd Bank for agriculture sector

This includes a $30 million loan by Citi and JPY 13 billion loan by JICA

Stocks to Watch: Bajaj Finance, RIL, ONGC, HDFC Bank, IndusInd, HCL Tech

Stocks to Watch: ONGC, Oil India, Reliance will be in focus as the Centre has slashed windfall tax on domestically produced crude oil to nil from Rs 3,500 a tonne, effective from April 4

ZEEL, IndusInd Bank settle dispute paving way for Sony-Zee merger

On February 22, the Mumbai bench of the NCLT had admitted the bank's insolvency plea against ZEEL

LIVE: 'If state wanted to arrest me, police could have come to my house'

Catch all the latest updates from across the globe here

IndusInd Bank appoints Vikas Muttoo as COO of Bharat Financial Inclusion

A veteran banker with two and a half decades of experience in the banking sector, he was earlier heading the microfinance business of RBL Bank

Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders

Zee had said that the company had been exploring several strategies, including settlement, in relation to the ongoing dispute with IndusInd Bank

Zee Entertainment calls report of $10 million repayment 'speculative'

In a report on Thursday, Bloomberg said that the media company has agreed to repay its dues to the IndusInd Bank to resolve insolvency proceedings against it

Zee Entertainment set to repay IndusInd $10 million to wrap Sony deal

The settling of dues of about Rs 837 million ($10 million) to the lender could happen as early as Friday and the Mumbai-based bank has agreed to withdraw its insolvency proceedings

Bank stocks can slide more; stay away for now: Analysts

Analysts expect the underperformance in bank stocks to continue ahead as the current fears around the banking sector globally are likely to persist for some time

IndusInd Bank slips 7% as RBI reappoints MD & CEO for shorter tenure

RBI's approval for reappointment of MD & CEO being for a lower tenure compared to board approval, which was for three years, could keep stock under pressure in near term