Page 26 - Indusind Bank

IndusInd Bank Q1 net profit falls 68% to Rs 461 cr on higher provisioning

The net NPAs, however, showed improvement as it fell to 0.86 per cent of the net advances by the end of first quarter FY21

IndusInd Bank surges 3% ahead of Q1 results; here's what analysts expect

Analysts at Phillip Capital have an outlier estimate for the bank's net profit for this quarter. They peg the PAT at Rs 585.2 crore, up a whopping 94 per cent QoQ.

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of IndusInd Bank has maintained a good base near 485 levels and has indicated a momentum pick up with positive bias

Operating buffers of top five banks to fall 15%, says India Ratings

Of the top five private banks, Ind-Ra rates HDFC Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank.

IndusInd Bank advances 6% on report Route One Investment may raise stake

According to the report, Route One Investment Company currently holds a 5.41 per cent stake in IndusInd Bank through two entities but intends to hike it to around 9.9 per cent

Investors advised caution, shouldn't be gung-ho about banks' Q1 updates

Moratorium extension and business flow from March may have influenced figures

Hinduja Group shares trade weak; IndusInd Bank, Ashok Leyland slip up to 4%

The legal battle in the Hinduja family, which could result in a partition of family assets, is likely to delay their plan to increase stake in IndusInd Bank

Hindujas' plan to hike stake in IndusInd Bank likely to face delays

The bank is promoted by holding companies IndusInd International Holdings and IndusInd, which are predominantly controlled by Ashok Hinduja, the youngest among the four Hinduja brothers.

IndusInd Bank rises 6% as promoter buys additional 139,000 shares

In June, IndusInd International Holdings has bought 1.73 million shares worth Rs 85.51 crore of the bank through open market

IndusInd Bank gains 6% as promoter buys additional 1.39 lakh shares

Thus far in June, IndusInd International Holdings has bought 1.73 million equity shares of the bank through open market

IndusInd Bank extends gain on promoter stake hike plans, soars 30% in 1 wk

The stock was trading higher for the fifth straight day, ralling 8 per cent to Rs 541 on the BSE on Thursday

IndusInd Bank promoters to buy more of its shares in secondary market

They currently hold 14.68% of the lender's paid-up share capital. As per RBI rules, the promoters can buy 0.32% additional stake as of now

IndusInd Bank gains 8% as promoters set to pick additional shares

The promoters, IndusInd International Holdings Ltd. and IndusInd Ltd., currently hold 14.68 per cent of IndusInd Banks paid-up share capital

RBI pushes back on Hinduja brothers' plan to raise IndusInd Bank stake

The RBI has conveyed the decision to the IndusInd founders Srichand and Gopichand Hinduja, the people said

Erroneous price feeds for F&O contracts disrupt trading on Bank Nifty

Several brokers cautioned investors and some halted trading in Bank Nifty contracts - the second-most traded index derivatives - citing irrational gap between 'buy' and 'sell' quotations.

Top private banks' Q4 profits nearly halve on Covid-19 provisioning

The pressure on earnings will continue, say experts

Covid-19 related provisioning knocks off 45% of top private banks' profits

Analysts at Edelweiss estimate that banks like Axis Bank, Kotak Mahindra Bank and ICICI Bank have 25-30 per cent of their loan book under the moratorium

Blue chips see cuts in target prices; half of Nifty sees cuts of over 15%

According to data from Bloomberg, banks have seen among the sharpest cuts in target prices -- between 16 and 60 per cent.

Covid-19 impact: Loss of fee income likely to add to lenders' woes

Muted lending and subdued cross-selling amidst extended lockdown to hurt fee income and earnings

Market Ahead, May 6: Top Factors That Could Guide Markets Today

Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers