Page 28 - Indusind Bank

IndusInd Bank: Kathpalia's maiden attempt to quell doubts sparks concerns

As the new management looks to focus on balance sheet, growth may take a backseat

Top Headlines: Nizamuddin Covid-19 shock, UN report on recession, and more

Business Standard brings to you the top headlines of the day

IndusInd Bank slumps 20% as bad loans may rise amid Covid-19 outbreak

Last week, the stock of the private lender had hit an 8 year low of Rs 235.55 on the National Stock Exchange (NSE) with the bank's market-capitalisation slipping below the Rs 20,000 crore-mark

IndusInd Bank updates analysts on coronavirus impact, bad loans scenario

The bank said credit costs likely to rise by 200-210 bps, targeting 60% provision cover, deposits down by 10-11% in March quarter

IndusInd Bank, Bandhan Bank among top gainers, shares surge 40%

IndusInd Bank and Bandhan Bank were among the worst-hit in the recent carnage

Rebuilding confidence, asset quality: Kathpalia's tasks at IndusInd Bank

Tuesday's stock reaction is also an indicator of the challenges ahead of him and probably the toughest faced by the bank in the past decade

IndusInd Bank appoints Sumant Kathpalia as Managing Director and CEO

In February, the RBI had approved the appointment of Kathpalia as the MD & CEO of the private lender

Banks in focus: IndusInd Bk hits 8-yr low, m-cap slips below Rs 20K cr-mark

The outbreak of coronavirus (Covid-19) has raised fears of fresh bad loan wave as small businesses are likely to default owing to demand disruption.

Bank Nifty crashes 7% to 3-year low over rising Coronavirus pandemic

The fall in banking stocks has a huge bearing on the overall markets as the sector has the high­est weighting in the bench­mark indices

IndusInd Bank says it's 'well-capitalised, profitable' after market rumours

IndusInd Bank says its gross non-performing assets in December quarter 2019 stood at 2.18 per cent: lowest among large private sector banks.

IndusInd Bank says it is financially strong amid speculation around stock

On Wednesday, the bank's stock on the BSE fell by Rs. 61.10 or 9.20 per cent to close at Rs. 603.05 from its previous close

RBL, IndusInd Bank fail to end investor worries, shares near all-time lows

What's also ailing these stocks and also the banking sector at large, is the dwindling investor confidence created by YES Bank's turmoil

Investor wealth tumbles Rs 9.74 trillion in two days as markets plunge

In two days, investors have lost Rs 9,74,176.71 crore wealth. At close of trade on Tuesday, the market capitalisation of BSE-listed companies was at Rs 1,19,52,066.11 crore.

Financial shares under pressure; IndusInd Bank, RBL Bank slip up to 24%

ICICI Bank, IDFC First Bank and Axis Bank were down in the range of 10% to 11%, while HDFC, Bajaj Finance, SBI, Federal Bank and Power Finance Corporation were down 8% to 9% on the NSE.

IndusInd Bank dips 8% as it defers fund raising; down 39% so far in 2020

The stock had hit a low of Rs 921.25 -- its lowest level since March 29, 2016 -- in intra-day trade on the BSE on Friday

YES Bank fallout: RBI move casts shadow on Rs 1-trillion AT-1 bond market

Forcing bondholders to take 100 per cent haircut on the bank's AT-1 bonds would lead to losses to the tune of Rs 10,800 crore, estimates Acuite Ratings

Days after Yes Bank crisis, IndusInd Bank defers fund raising plans

The original plan was to borrow in local or foreign currency through AT-1 instrument or tier-2 capital

Promoters of IndusInd Bank to hike stake by buying extra shares from market

The promoters of the bank plan to acquire additional shares from open market in India

Banks, financials tumble; RBL, AU Small Finance, IndusInd Bank dip over 14%

Nifty PSU Bank index tanked over 10-year low after falling 8 per cent in intra-day

IndusInd Bank hits fresh 3-year low after clarification on new CEO

In the past two months, IndusInd Bank has plunged 28 per cent at the bouses on account of the risk of further asset quality deterioration. In comparison, the S&P BSE Sensex has gained 5 per cent