Page 15 - Indusind Bank

IndusInd Bank slips for fourth day, loses 11% in a week to hit 30-month low

Analysts' concerns about IndusInd Bank's exposure to stressed groups and the prevailing slowdown in select lending segments added to the woes.

After rising 1,500%, IndusInd bets on microfinance firm buy to extend gains

Acquiring India's largest micro financier gives the bank presence in more than 115,000 villages that will increase its cross-sell, lending and low-cost deposit mobilisation efforts

IndiGo, IndusInd Bank, Bharat Financial, Apollo Tyres hit 52-week highs

Britannia, Dilip Buildcon, Firstsource Solutions, Lakshmi Machine Works, MRF, Nestle India and TV18 Broadcasting were among 11 stocks from the S&P BSE500 index hitting their respective 52-week highs

S R Batliboi & Co resigns as statutory auditor for IndusInd Bank

IndusInd Bank has appointed Haribhakti & Co as statutory auditor for FY20, subject to RBI nod

IndusInd Bank net profit up 38% in June quarter; stock falls over 1%

The bank saw an increase in its bad debt

IndusInd Bank: Investors need to be watchful despite strong June quarter

Numbers were aided by BFIL merger and largely met expectations, but some asset quality stress visible in select segments

IndusInd Bank Q1 net profit jumps 38% at Rs 1,433 cr; gross NPAs at 2.15%

The bank had posted a net profit of Rs 1,035 crore in the corresponding period of the preceding fiscal ended March 2019

Hindujas to hike stake in IndusInd Bank, infuse Rs 2,700 cr via warrants

The merger between the bank and the micro-lender, which will be effective July 4, is accretive from a profit, margin and return on equity perspective

IndusInd Bank faced with crisis of confidence over asset quality

While management has stuck to its earlier guidance, some analysts believe the stressed assets number to be higher

Game of loans: Investors reward IndusInd Bank's clean-up act

MD says much of the exposure may be recovered via asset sale; Q4 largely satisfactory sans IL&FS impact

IndusInd Bank likely to continue underperforming industry peers

Valuations reasonable but analysts have raised questions on bank's asset quality performance

IndusInd Bank to raise $1 bn through MTNs to meet its funding requirements

The bank's CAR as on December 2018 stood at 14.19 per cent against 15.83 per cent at the end of the year-ago December quarter

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