Page 6 - Indusind Bank

IndusInd Bank slumps 10% despite clarification on loan evergreening issue

The bank's management said that report of lapses in governance and accounting norms to allegedly 'evergreen' loans running was "inaccurate and baseless"

Subsidiary disbursed 84,000 loans without customer consent: IndusInd

Glitch at Bharat Financial Inclusion Ltd rectified immediately and independent probe will fix lapses, says IndusInd.

Sensex tanks 1,159pts on broad-based sell-off; Nifty ends below 17,900

Financials led by PSU banks, realty, metal and FMCG shares where the major losers in trade. All NSE sectoral indices ended with losses of more than a per cent

IndusInd Bank surges 6% on steady operational performance in Q2

In Q2FY22, IndusInd Bank's net profit rose by 73 per cent at Rs 1,147 crore on back of steady increase in net interest incomes and fees.

IndusInd Bank Q2 net up 73% to Rs 1,147 cr on steady rise in NII, fees

Net Interest Income up 12% YoY, but Net Interest Margin dipped by nine bps

IndusInd Bank second quarter net profit jumps 73% to Rs 1,147 crore

Bank's provisions for bad loans and contingencies fell to Rs 1,703.36 crore for the quarter from Rs 1,964.44 crore reserved for the year-ago period

IndusInd Bank invokes pledge on Ichamati's 5 mn shares in Mcleod Russel

Private sector IndusInd Bank on Wednesday said it has acquired a 4.79 per cent stake in embattled tea plantation firm McLeod Russel India by invoking 5 mn pledged shares of the company

UBS Principal Capital Asia sells IndusInd Bank's shares worth Rs 354 cr

UBS Principal Capital Asia Ltd on Thursday sold IndusInd Bank shares worth nearly Rs 354 crore through an open market transaction

CEO, CFO of scam-hit Karvy arrested in IndusInd Bank default case

The city police on Thursday arrested two senior executives of scam-hit Karvy Stock Broking for allegedly involving in diverting funds raised from banks by pledging clients' securities as collaterals

Bank Nifty adjustment on Friday, several stocks likely to see churn

HDFC Bank, IndusInd Bank and AU Small Finance Bank to see highest inflows due to increase in weightage; SBI, ICICI Bank and Kotak Mahindra Bank may see highest outflows

IndusInd Bank gets empanelled as Agency Bank to RBI

IndusInd Bank on Tuesday said it has been empanelled by Reserve Bank of India (RBI) to act as an 'Agency Bank' to facilitate transactions related to government businesses.

Sensex rebounds 640 pts from day's low to end 135 pts down; Airtel jumps 5%

Bargain hunting in domestic equities helped the markets rebound swiftly from intra-day lows on Wednesday

Stocks to watch: Maruti Suzuki, Nestle, IndiGo, IIFL Finance, IndusInd Bank

IndiGo posted its highest ever quarterly loss of Rs 3,174.17 crore during the April-June period

IndusInd Bank clocks 99% rise in consolidated net profit at Rs 1,016 crore

Net interest income was up 8 per cent YoY to Rs 3,564 crore, from Rs 3,309 crore in Q1FY21

Top headlines: IMF cuts India's FY22 GDP forecast; IndiGo Q1 loss widens

Business Standard brings you this evening's top stories

IndusInd Bank Q1 consolidated net profit nearly doubles to Rs 1,016 cr

Net interest income rises 8% to Rs 3,564 cr

IndusInd Bank to raise up to Rs 30,000 crore through debt and equity

The board gave approval to the plan for raising funds. It will also seek shareholders' nod for it

Paytm gateway enables payment from fixed deposit account held with IndusInd

Paytm Payments Bank's customers can now make instant payments through its payment gateway using balances available in their fixed deposit account held with its partner bank, IndusInd Bank.

IndusInd Bank plans to raise climate financing to 3.5% in two years

Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and raise climate financing to 3.5 per cent in two years.

Stocks to watch: RIL, IndusInd Bank, TCS, M&M, Yes Bank, auto stocks

Tata Consultancy Services (TCS) on Friday said Samir Seksaria will take over as the company's Chief Financial Officer on May 1, 2021