Page 20 - Indusind Bank

Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health

Stocks to Watch Today: Shares of Adani Wilmar, Jindal Stainless, Adani Enterprises, Hero MotoCorp, Tata Steel and Titan too shall be in focus ahead of the Q4 results.

IndusInd Bank Q4 net up 51% to Rs 1,401 cr on lower provisions, higher NII

Net interest income increased by 13% YoY and 5 per cent sequentially to Rs 3,985 crore

IndusInd Bank standalone net jumps 55% to Rs 1,361 cr, gross NPAs dip

The bank's board announced a dividend of Rs 8.5 a share

Delhi High Court asks RBI to look into plea against IndusInd Bank

Last year, an internal working group of the RBI had earlier recommended that promoters can increase their stake in private banks to 26 per cent from 16 per cent.

Will fintech firms' governance standards, role of PEs attract scrutiny?

Fintech promoters, their private equity backers, and regulated entities that have teamed up with new-age firms will need to go back to the drawing board

IndusInd Bank to make additional provisions after Deloitte review of unit

Bharat Financial Inclusion Limited gave out micro loans without consent of customers, apparently due to a technical glitch

Micro loans disbursed by BFIL sans customers' consent: IndusInd Bank

The bank said audit firm Deloitte has submitted its report, according to which the loans were disbursed without the consent of customers due to the 'technical glitch'

IndusInd Bank blames tech glitch for micro loans without customer consent

IndusInd Bank has said microfinance loan disbursals by its subsidiary during the Covid-19 period was the result of a "technical glitch", according to the findings of audit firm Deloitte

Axis, ICICI, IndusInd Bank: Select pvt lenders poised for up to 10% upside

The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.

IndusInd Bank moves NCLT to initiate insolvency proceedings against Zee Ent

Private sector lender IndusInd Bank has filed a plea before NCLT to initiate insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL). IndusInd Bank, in its plea before the Mumbai bench of National Company Law Tribunal (NCLT) has claimed a default of Rs 83.08 crore against the media and entertainment firm, ZEEL said in a late evening regulatory updates on Friday. "An application has been filed... by IndusInd Bank Ltd, claiming to be a Financial Creditor, before the NCLT, Mumbai for initiation of Corporate Insolvency Resolution Process (CIRP) against the company, claiming a default of Rs 83.08 crore," it said. The application has been filed under Section 7 of the Insolvency & Bankruptcy Code (IBC), said ZEEL. Under Section 7 of IBC, a financial creditor may move NCLT for initiation of CIRP over default of Rs 1 crore and above. While sharing the details, ZEEL said it is party to the Debt Service Reserve Account Guarantee Agreement (DSRA Guarantee Agreement) entered ..

IndusInd initiates insolvency process against Zee Entertainment

IndusInd Bank claims to be the financial creditor before the NCLT for initiation of corporate insolvency resolution process against Zee and has claimed a default of Rs 83 crore

Sensex ends 814 pts higher ahead of Budget-day in broad-based rally

Large part of today's rally in the headline indices was led by IT stocks such Tech M, Wipro, Infosys and HCL Tech; financials such as Bajaj twins and SBI, and index heavyweights RIL

IndusInd Bank admits to procedural lapses in MFI lending

The bank's chief executive and managing director Sumant Kathpalia stressed that it will not lead to any financial hit

IndusInd Bank's Q3 net profit rises 50% on higher NII and lower provisions

Asset quality of the lender improved on a sequential basis

IndusInd Bank Q3 net profit jumps 50% to Rs 1,242 cr

The lender witnessed deterioration in its asset quality as the gross NPAs rose to 2.48% of the gross advances as of December 31, 2021 from 1.74% in December 2020

IndusInd Bank, NPCI tie up to simplify cross-border remittances through UPI

Indians can now get remittance money from their foreign sources in a much easier way as IndusInd Bank has tied up with NPCI to facilitate cross-border money transfer by using UPI IDs of beneficiaries.

Market wrap: Sensex ends 612 pts higher; RIL, L&T and Bharti Airtel shine

ZEE falls 5% after inking merger pact with Sony Pictures, trims losses later; Metro Brands makes a tepid debut with 13% discount; RateGain Travel Technologies surges 28% in two sessions, hits new high

Axis, RBL, IndusInd: Pvt banks may provide shorting opportunites on rise

A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares

Agritech firm Samunnati inks co-lending pact with IndusInd Bank for FPOs

Samunnati said it has entered into a co-lending agreement with IndusInd Bank to expand credit accessibility and market linkages for farmer producer organizations across the country

LIC gets central bank approval to hike stake in IndusInd Bank to 9.99%

LIC is one of the biggest institutional investors in India's stock market and has a stake in a number of private and public sector banks.