Page 28 - Indusind Bank
IndusInd Bank jumps 4% as Goldman Sachs buys stake; stock up 12% in 3 days
IndusInd Bank's stock price has rallied 87 per cent from its 52-week low level of Rs 235.55, touched on March 20, 2020
 "IndusInd Bank jumps 4% as Goldman Sachs buys stake; stock up 12% in 3 days")
Goldman Sachs buys 1.4 mn shares worth over Rs 176 cr in IndusInd Bank
According to the bulk deal data on the National Stock Exchange (NSE), Goldman Sachs (Singapore) Pte-ODI bought 1.4 million shares of the private lender, at an average price of Rs 430.3 apiece
 "Goldman Sachs buys 1.4 mn shares worth over Rs 176 cr in IndusInd Bank")
Street signs: FPI buying buoys sentiment, IndusInd stock, and more
In the last three trading sessions, FPIs scooped shares worth more than Rs 4,000 crore, spurring a 13 per cent rally in the market
 "Street signs: FPI buying buoys sentiment, IndusInd stock, and more")
Beaten-down financials in focus; RBL, Bandhan, IndusInd Bank gain up to 20%
On Tuesday, Singapore-based investment banking firm UBS Principal Capital Asia bought 5.38 million shares representing a 0.78% stake of IndusInd Bank at an average price of Rs 367 on the NSE.
 "Beaten-down financials in focus; RBL, Bandhan, IndusInd Bank gain up to 20%")
IndusInd, HDFC Bank surge up to 21% post Q4 biz update amid Covid-19 woes
Analysts at Kotak Institutional Equities expect banks to report healthy earnings due to the Reserve Bank of India's loan moratorium
 "IndusInd, HDFC Bank surge up to 21% post Q4 biz update amid Covid-19 woes")
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
 "IndusInd Bank: Kathpalia's maiden attempt to quell doubts sparks concerns")
Top Headlines: Nizamuddin Covid-19 shock, UN report on recession, and more
Business Standard brings to you the top headlines of the day
 "Top Headlines: Nizamuddin Covid-19 shock, UN report on recession, and more")
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
 "IndusInd Bank, Bandhan Bank among top gainers, shares surge 40%")
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
 "IndusInd Bank appoints Sumant Kathpalia as Managing Director and CEO")
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
 "Bank Nifty crashes 7% to 3-year low over rising Coronavirus pandemic")
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
 "RBL, IndusInd Bank fail to end investor worries, shares near all-time lows")
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.
 "Investor wealth tumbles Rs 9.74 trillion in two days as markets plunge")
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.
 "Financial shares under pressure; IndusInd Bank, RBL Bank slip up to 24%")
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