Page 23 - Indusind Bank

IndusInd Bank gains 13% in 4 days ahead of Q4 result; here's what to expect

The Street is factoring-in a solid bottom line growth, with up to 261 per cent year-on-year gain in net profit

IndusInd Bank's advances up 3% YoY and sequentially in Q4FY21

The bank told stock exchanges its deposits have gone up by 27 per cent YoY to Rs 2.56 trillion

IndusInd Bank: With the balance sheet stabilising, focus shifts to growth

Street's apprehension on asset quality and ability to regain footing on deposits has been arrested

Stock markets start new fiscal on a high, Sensex reclaims 50,000-level

IndusInd Bank, Kotak Mahindra Bank, ICICI Bank, Sun Pharma, Bajaj Finance, and UltraTech Cement were prominent gainers

Moody's upgrades IndusInd to 'stable' outlook, affirms long-term ratings

The lender's asset quality slipped marginally in the economic disruption caused by the Covid-19 pandemic, says agency.

Unsecured loans come back to haunt private banks after 13-year gap

ICICI Bank, Axis, among others see rise 'proforma' slippages in Q3

Non-banking lender Kinara Capital secures $10 million from IndusInd Bank

The funds secured have 100 per cent guarantee from the US International Development Finance Corporation

IndusInd Bank gets Rs 2,021 crore capital boost from promoters

The firm has received Rs 2,021 crore equity from the promoters after the conversion of preferential warrants into equity shares

IndusInd Bank expects Rs 2k cr capital infusion on successful rights issue

The rights issue was necessitated to infuse residual capital into the bank in lieu of conversion of warrants issued to them in 2019 worth over Rs 2,695 crore into equity

Billionaire Hinduja family pays 61% premium to boost IndusInd stake

The family's holding in the lender shrank to 13% following its merger with the nation's largest microlender Bharat Financial in July 2019

Top headlines: Govt okays PLI scheme for telcos; Ramani wins #metoo fight

The Hinduja family paid a premium to boost its stake in IndusInd Bank. More on that story and other headlines.

Fair winds ahead for private banks as risks of NPLs recede in a slowdown

YES Bank faces greater asset risks than its peers, although its capitalisation, liquidity and funding have improved

IndusInd Bank stock on the rise as demand for commercial vehicle recovers

The bank's stock price has more than doubled in six months, standing at Rs 1,026 a share

IndusInd Bank stock soars 10% as Morgan Stanley raises target price by 14%

In its bull-case scenario, Morgan Stanley sees IndusInd Bank's stock price rising to Rs 2,030 levels in the next one-year

IndusInd Bank surges 14% in two days as asset quality improves in Q3

The private lender is looking to grow its loan book by 15-18 per cent YoY for the next two financial years under its fifth planning cycle

Budget-related stocks to watch: PSUs, infra, financials, healthcare

Castrol India, Finolex Industries, Kansai Nerolac Paints and Reliance Capital are among 37 firms set to report their December quarter numbers today

IndusInd Bank looks to grow loan book by 15-18% for next 2 financial years

The roll-out of planning cycle (2020-2023) with a strategy of "scale with sustainability" was postponed by a couple of quarters due to the pandemic

IndusInd Bank net profit down 37% to Rs 830 crore in December quarter

Other income declined by eight per cent to Rs 1,646 crore in Q3 of FY21 from Rs 1,790 crore in Q3 of FY20.

Sensex ends 588 pts lower at 46,285, down 5% in a week ahead of Budget 2021

Both the benchmarks have erased around 5 per cent during the week

Stocks to watch: RIL, Tata Motors, YES Bank, L&T, IndusInd Bank, Grasim

Larsen and Toubro is expected to report a strong sequential rebound in performance in Q3FY21 on the back of a healthy order inflow across verticals