Page 4 - Indusind Bank

IndusInd Bank's board gives nod to mobilise Rs 20,000 cr via debt

Private lender IndusInd Bank of Monday said its board has approved a proposal to raise Rs 20,000 crore in debt to fund business growth.

ED probing some entities, employees over irregularities, says IndusInd Bank

IndusInd Bank says it has no credit exposure to the entities being investigated

RBI slaps penalties on Kotak Mahindra Bank, IndusInd Bank

The monetary penalty was imposed on IndusInd Bank as it failed to adhere to customer due diligence procedure in the accounts opened using OTP based e-KYC, in non-face-to-face mode

Private bank shares under pressure; AU SFB, Bandhan, RBL Bank tank up to 9%

As of 10:09 am, the S&P BSE Private Bank and Nifty Private Bank index were down 1 per cent each, as compared to 0.6 per cent decline on the benchmarks, S&P BSE Sensex and Nifty50 index.

Five Sensex stocks have shed over 30% since Oct 2021. Time to bottom fish?

Top 10 Sensex losers have tanked over 20 per cent, while 5 among these have plunged over 30 per cent since October 2021

Reliance Capital CoC to further extend resolution plan submission date

As of now, only three bidders are actively engaged with the lenders for Reliance Capital RCAP resolution including Piramal, Yes Bank and IndusInd.

Indices fall hard for fourth day amid global equity rout, pull-back by FPIs

From this year's peak in January, both indices are down nearly 12 per cent

Here's why Mehul Kothari is bullish on Rupa, IndusInd Bank

According to the technical analyst from Anand Rathi, IndusInd Bank has managed to break out from its four-month consolidation range, and can now rally towards Rs 1,070.

Indices end in the red but bulls fight back; HDFC shines after Q4 show

After plunging over 600 points in intraday trade, the 30-share BSE Sensex recouped most losses to end 84.88 points or 0.15 per cent lower at 56,975.99

Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health

Stocks to Watch Today: Shares of Adani Wilmar, Jindal Stainless, Adani Enterprises, Hero MotoCorp, Tata Steel and Titan too shall be in focus ahead of the Q4 results.

IndusInd Bank Q4 net up 51% to Rs 1,401 cr on lower provisions, higher NII

Net interest income increased by 13% YoY and 5 per cent sequentially to Rs 3,985 crore

IndusInd Bank standalone net jumps 55% to Rs 1,361 cr, gross NPAs dip

The bank's board announced a dividend of Rs 8.5 a share

Delhi High Court asks RBI to look into plea against IndusInd Bank

Last year, an internal working group of the RBI had earlier recommended that promoters can increase their stake in private banks to 26 per cent from 16 per cent.

Will fintech firms' governance standards, role of PEs attract scrutiny?

Fintech promoters, their private equity backers, and regulated entities that have teamed up with new-age firms will need to go back to the drawing board

IndusInd Bank to make additional provisions after Deloitte review of unit

Bharat Financial Inclusion Limited gave out micro loans without consent of customers, apparently due to a technical glitch

Micro loans disbursed by BFIL sans customers' consent: IndusInd Bank

The bank said audit firm Deloitte has submitted its report, according to which the loans were disbursed without the consent of customers due to the 'technical glitch'

IndusInd Bank blames tech glitch for micro loans without customer consent

IndusInd Bank has said microfinance loan disbursals by its subsidiary during the Covid-19 period was the result of a "technical glitch", according to the findings of audit firm Deloitte

Axis, ICICI, IndusInd Bank: Select pvt lenders poised for up to 10% upside

The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.

IndusInd Bank moves NCLT to initiate insolvency proceedings against Zee Ent

Private sector lender IndusInd Bank has filed a plea before NCLT to initiate insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL). IndusInd Bank, in its plea before the Mumbai bench of National Company Law Tribunal (NCLT) has claimed a default of Rs 83.08 crore against the media and entertainment firm, ZEEL said in a late evening regulatory updates on Friday. "An application has been filed... by IndusInd Bank Ltd, claiming to be a Financial Creditor, before the NCLT, Mumbai for initiation of Corporate Insolvency Resolution Process (CIRP) against the company, claiming a default of Rs 83.08 crore," it said. The application has been filed under Section 7 of the Insolvency & Bankruptcy Code (IBC), said ZEEL. Under Section 7 of IBC, a financial creditor may move NCLT for initiation of CIRP over default of Rs 1 crore and above. While sharing the details, ZEEL said it is party to the Debt Service Reserve Account Guarantee Agreement (DSRA Guarantee Agreement) entered ..

IndusInd initiates insolvency process against Zee Entertainment

IndusInd Bank claims to be the financial creditor before the NCLT for initiation of corporate insolvency resolution process against Zee and has claimed a default of Rs 83 crore