Page 32 - Indusind Bank

IndusInd Bank plans to foray into MF, insurance, stock-broking segments

The bank has partnered with Tata AIA for life insurance, Cholamandalam MS for general insurance

IL&FS pain still not over for IndusInd Bank, credit cost may rise 30-40 bps

FY20 is likely to start on a clean slate with expected traction in loan book and earnings

IndusInd Bank posts 5% growth for Dec quarter due to IL&FS provisioning

The bank had earlier stated that it had a total exposure of Rs 3,000 crore against the IL&FS group, of which Rs 2,000 crore is aganst the holding company.

IndusInd Bank Q3 profit rises 5% from Rs 936 crore to Rs 985 crore

Interest earned rose 34.4 per cent to Rs 57.63 billion

IndusInd Bank: High provisioning to weigh on profits in second half too

Healthy topline growth, as well as operational parameters, are positives

IL&FS exposure only a sentiment dampener for IndusInd Bank

Certainty of at least a partial repayment gives hope to investors; concerns partly priced in

IL&FS crisis impact: IndusInd Bank stock falls 8.52%, hits 15-month low

IndusInd Bank made a contingent provision of Rs 2.75 billion against its exposure to the IL&FS group

IndusInd Bank: Q2 net grows just 5% as IL&FS worries spook Street

Due to contingency provision related to loans to IL&FS, Q2 net profit grew at the slowest pace of 5% in 42 quarters

IndusInd Bank posts muted 4.5% Q2 profit growth due to ILFS provisioning

Lender takes a one-time contingent provision hit of Rs 2.75 billion against exposure to IL&FS group; without this provision, its profit would have grown 25%

IndusInd Bank Q2 profit rises 4.6% to Rs 9.2 bn on higher interest income

Gross bad loans as a percentage of total loans stood at 1.09 per cent at end-September

IndusInd Bank begins hunt for Sobti successor; to see 3 internal candidates

If all goes according to plan, a successor will be announced 'sometime in the middle of next year'

IndusInd names two additional directors, appointment effective from Aug 10

Akila Krishnakumar and Anil Tiwari are appointed as non-executive independent directors

IndusInd Bank Q1 results: Margin disappointment weighs on stock

The Street took the fall in NIM with some caution, but performance and outlook remain strong

IndusInd Bank Q1 up by 24% at Rs 10.36 billion, asset quality falls

CASA (Current Accounts-Savings Accounts) Ratio improved to 43.42 per cent against 37.78 per cent in June 30, 2017

IndusInd Bank buys IL&FS Securities; capital market deal to boost growth

It will augment overall growth for IndusInd, which is on a path to double its retail customer base to over 20 million and expanding its geographical reach

Q4 results: NPA divergence a blip for IndusInd Bank; stock falls over 2%

Business performance, outlook healthy; gains from Bharat Financial acquisition to reflect in second half

IndusInd Bank invokes 60 million pledged shares of Jaypee Infratech

Jaiprakash Associates had 895 million shares, about 64.44 per cent stake, in Jaypee Infratech as on December 31, 2017

IndusInd Bank: A strong growth in core operations overshadows jump in NPAs

Gross NPA ratio jumped by about 22 bps year-on-year to 1.16% in Q3

IndusInd Bank Q3 net profit rises 25% to Rs 9.36 billion; stock falls 2%

The capital adequacy ratio (CRAR) for the quarter was 15.83 per cent an improvement against 15.31 per cent in the previous quarter

IndusInd Bank Q3 net profit rises 25% to Rs 9.36 bn; stock falls 2%

Private sector lender IndusInd Bank today posted a 24.72 per cent increase in net profit to Rs 936.25 crore for the quarter ended on December 31, 2017. The bank had recorded a net profit of Rs 750.64 crore in the October-December quarter of last fiscal. Total income of the lender also increased to Rs 5,473.54 crore during the quarter under review, up 16.05 per cent as against Rs 4,716.13 crore over the corresponding period of the previous fiscal, IndusInd Bank said in a BSE filing. The gross non-performing assets (NPAs) of IndusInd Bank increased to 1.16 per cent of the total advances during the third quarter of the current fiscal, against 0.94 per cent at the end of third quarter of 2016-17. Net NPAs of the bank rose to 0.46 per cent in the quarter from 0.39 per cent of the total assets. Commenting on the performance, IndusInd Bank MD & CEO Romesh Sobti said: "The bank has continued to show a steadfast performance again in this quarter. All vectors for both topline .