Page 9 - Indusind Bank

Stocks to Watch, March 21: IndusInd, Manappuram Fin, Bajaj Fin, JSW Energy

Stocks to Watch on Friday: IndusInd Bank, Manappuram Finance, Bajaj Finance, HUL, JSW Energy and Hindalco Industries are among the top stocks to watch today, March 21, 2025

CD rates top 8% for smaller banks amid banking system liquidity tightness

Indusind raises nearly Rs 15,000 via CDs this week with PSBs take a major chunk

Business of trust: IndusInd Bank events raise concerns over governance

While the bank has tasked an external agency to review the issues, reports suggest that discrepancy arose on account of derivatives positions taken by the bank to hedge its foreign-exchange exposure

IndusInd Bank appoints independent firm to probe accounting discrepancies

The independent firm, which the bank did not name, will identify the root cause of the discrepancies, assess the correctness of the accounting treatment of the derivative contracts

IndusInd bank raises additional Rs 2,750 crore via CDs, says CCIL data

On Monday, the lender had raised Rs 11,000 crore by issuing CDs across a range of maturities, with coupon rates varying between 7.80 per cent and 7.90 per cent

IndusInd Bank's liquidity adequate, capitalisation strong: Rating agencies

Losses in Q4FY25 unlikely to dent credit, liquidity profile; Tier-I impact estimated at 35 bps

IIHL takes control of Reliance Capital, puts new board members in place

IndusInd International Holdings Ltd (IIHL) on Wednesday took control of Reliance Capital (RCAP), completing a three-year resolution process after paying off the debt-ridden firm's lenders. IIHL has taken over the board of the RCAP and its subsidiaries, and the first meeting of the new board was held on Wednesday, sources said. According to sources, new board members include Moses Harding John and Arun Tiwari as approved by the Reserve Bank of India (RBI). With this acquisition, IIHL gains control over about 40 entities, including key subsidiaries like Reliance Nippon Life Insurance, Reliance General Insurance, Reliance Securities, and Reliance Asset Reconstruction. The company aims to establish bancassurance ties and implement digitization across these subsidiaries. "Now, with this acquisition, we are entering the insurance business in addition to banking. We also took a 60 per cent stake in Invesco's mutual fund business, and once approvals are in place, we will have a complete ..

Promoters will infuse capital into IndusInd Bank if needed: Ashok Hinduja

Bank is currently well-capitalised; awaiting RBI clearance for stake raise from 15% to 26%

Indusind Bank's funding cost shot up 15bps in a week amid derivative loss

IndusInd Bank raised Rs 11,000 crore by issuing certificates of deposit (CDs) across a range of maturities

At 0.8 times book value, IndusInd Bank stock valued as 'cheap': Bernstein

Sets target price of Rs 1,000, valuing the lender at 1x FY26 estimated book value; highlights key risks

Moody's affirms IndusInd's ratings; places on review for downgrade

The action comes in the backdrop of the bank's revelations about the inadequate internal controls in accounting for derivative transactions

Stocks to Watch, March 18: Bajaj Finserv, IndusInd, Vedanta, Tata Motors

Stocks to Watch on Tuesday: Bajaj Finserv, IndusInd Bank, Vedanta, Tata Motors, Zomato and Hindustan Unilever are among the top stocks to watch today, March 18, 2025

Moody's places IndusInd Bank's credit assessment on review for downgrade

Moody's said that the impact of the derivatives transactions, coupled with the ongoing stress in the retail unsecured loans, is likely to hurt the bank's profitability, capital and funding

IndusInd Bank gains 5% on RBI's reassurance on lender's financial health

The stock price of IndusInd Bank had tanked a 32 per cent in three days between March 6 and March 11.

Stocks to Watch Today, March 17: IndusInd, NMDC, Muthoot Fin, Zydus Life

Stocks to Watch on Monday: Tata Communications, Signature Global, Power Grid, GR Infraprojects, Welspun Specialty, and Kolte Patil are among the top stocks to watch today, March 17, 2025

Best of BS Opinion: Policymaking must address real-life outcomes

Our editorials and columns today largely revolve around the role of policy decisions, both in government and the private sector, and how they affect the real world

IndusInd Bank case a rare instance when RBI cited its 'LOLR' role

Central bank can rescue a bank that is solvent but has temporary liquidity woes

IndusInd Bank 'stable': RBI assures depositors, dismisses mkt speculation

The Reserve Bank of India issued a statement, assuring the depositors that the bank is well-capitalised and financially stable, and that there is no reason to react to speculative reports

Global index inclusion to help IndusInd as stock faces Sensex, Nifty ouster

Lender's stock price has plunged due to concerns around losses on account of its derivatives portfolio

IndusInd Bank most-sold stock by mutual funds in February, shows data

Among the fund houses that prune their holdings in the troubled lender were Kotak MF, Tata MF and PPFAS MF