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Page 8 - Indusind Bank

IndusInd Bank looks to grow loan book by 15-18% for next 2 financial years

The roll-out of planning cycle (2020-2023) with a strategy of "scale with sustainability" was postponed by a couple of quarters due to the pandemic

IndusInd Bank looks to grow loan book by 15-18% for next 2 financial years
Updated On : 31 Jan 2021 | 11:34 PM IST

IndusInd Bank net profit down 37% to Rs 830 crore in December quarter

Other income declined by eight per cent to Rs 1,646 crore in Q3 of FY21 from Rs 1,790 crore in Q3 of FY20.

IndusInd Bank net profit down 37% to Rs 830 crore in December quarter
Updated On : 30 Jan 2021 | 12:03 AM IST

Sensex ends 588 pts lower at 46,285, down 5% in a week ahead of Budget 2021

Both the benchmarks have erased around 5 per cent during the week

Sensex ends 588 pts lower at 46,285, down 5% in a week ahead of Budget 2021
Updated On : 29 Jan 2021 | 4:05 PM IST

Stocks to watch: RIL, Tata Motors, YES Bank, L&T, IndusInd Bank, Grasim

Larsen and Toubro is expected to report a strong sequential rebound in performance in Q3FY21 on the back of a healthy order inflow across verticals

Stocks to watch: RIL, Tata Motors, YES Bank, L&T, IndusInd Bank, Grasim
Updated On : 25 Jan 2021 | 8:51 AM IST

Stocks to watch: Infosys, Wipro, SAIL, HAL, IndusInd Bank, NHPC, 5Paisa

The government will sell up to 10% stake in SAIL via OFS on January 14-15

Stocks to watch: Infosys, Wipro, SAIL, HAL, IndusInd Bank, NHPC, 5Paisa
Updated On : 14 Jan 2021 | 8:42 AM IST

Retail and SME loans set for litmus test in 2021 as stress levels may rise

Little leeway on pricing and asset quality at a tricky level could places both segments in a tight spot

Retail and SME loans set for litmus test in 2021 as stress levels may rise
Updated On : 12 Jan 2021 | 11:53 PM IST

BofA, CLSA think Axis, IndusInd Bank are ripe for re-rating; here's why

Analysts at BofA Securities have upgraded Axis Bank, IndusInd Bank, and State Bank of India (SBI) on a "surprisingly" resilient asset quality outlook, and reasonable valuations

BofA, CLSA think Axis, IndusInd Bank are ripe for re-rating; here's why
Updated On : 08 Jan 2021 | 11:44 AM IST

Nifty Bank may hit record high in coming days: Nilesh Jain of Anand Rathi

Nifty Bank has outperformed the benchmarks so far this month. The overall broader structure is hinting at a fresh new high in the January series and as long as it sustains above 31,550 levels

Nifty Bank may hit record high in coming days: Nilesh Jain of Anand Rathi
Updated On : 08 Jan 2021 | 7:36 AM IST

Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

If Nifty again slide below 13,626, we may see some corrective move in the concluding week of the current calendar year

Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking
Updated On : 28 Dec 2020 | 8:34 AM IST

Federal Bank: Ripe for re-rating despite guidance in run-rate of slippages

Strong growth is expected to counter the likely asset quality issues

Federal Bank: Ripe for re-rating despite guidance in run-rate of slippages
Updated On : 18 Dec 2020 | 10:22 PM IST

Hindujas get another extension to subscribe to IndusInd Bank warrants

New deadline set at Feb 4, 2021, by which time Hindujas must bring in Rs 2,021.45 crore towards subscription

Hindujas get another extension to subscribe to IndusInd Bank warrants
Updated On : 16 Dec 2020 | 8:29 PM IST

As green shoots emerge all across, confidence returns to IndusInd stock

Positive management outlook post Q2 results has tempted analysts to upgrade their rating

As green shoots emerge all across, confidence returns to IndusInd stock
Updated On : 16 Dec 2020 | 12:33 AM IST

MFI stocks make a comeback in financial landscape after two-year hiatus

Betting on pure-play MFI players such as CreditAccess Grameen and Spandana Sphoothy may be safer compered to MFI-oriented banks

MFI stocks make a comeback in financial landscape after two-year hiatus
Updated On : 14 Dec 2020 | 10:23 PM IST

Maruti Suzuki starts vehicle financing for Nexa customers on its platform

Online service 'Smart Finance' to cover 30 cities, Company says this will result in improvement of enquiry to sales conversion

Maruti Suzuki starts vehicle financing for Nexa customers on its platform
Updated On : 09 Dec 2020 | 9:51 PM IST

Veteran Banker Romesh Sobti set to join Aditya Birla Capital board

Rehauling of business strategy is presently underway; set to approach the RBI for banking license once final guidelines is released

Veteran Banker Romesh Sobti set to join Aditya Birla Capital board
Updated On : 08 Dec 2020 | 10:31 PM IST

Dec begins on a strong note for Sensex, Nifty, end on all-time highs

The Sensex rose 1.15 per cent, or 506 points, to end at 44,655, while the Nifty added 1.1 per cent, or 140 points to close at 13,109

Dec begins on a strong note for Sensex, Nifty, end on all-time highs
Updated On : 01 Dec 2020 | 11:20 PM IST

Street signs: Burger King GMP at 40%, FPI legroom in IndusInd, and more

Shares of IndusInd Bank have surged 47% in November - third-most among Nifty companies

Street signs: Burger King GMP at 40%, FPI legroom in IndusInd, and more
Updated On : 30 Nov 2020 | 2:39 AM IST

HDFC Bank, IndusInd in 'red flag' list on nearing foreign investment cap

A listed company enters the list when the available legroom for overseas investment is less than 3 per cent of the permissible limit

HDFC Bank, IndusInd in 'red flag' list on nearing foreign investment cap
Updated On : 14 Nov 2020 | 12:51 AM IST

IndusInd Bank hits over seven-month high; advances 33% in 6 days

The stock was up 5% at Rs 777.80, trading at its highest level since March 13, 2020.

IndusInd Bank hits over seven-month high; advances 33% in 6 days
Updated On : 09 Nov 2020 | 3:25 PM IST

Financials extend rally; IndusInd, Shriram Transport surge over 20% in 1 wk

In the past week, the S&P BSE Finance index has rallied 10 per cent, against a 5 per cent gain in S&P BSE Sensex.

Financials extend rally; IndusInd, Shriram Transport surge over 20% in 1 wk
Updated On : 06 Nov 2020 | 3:18 PM IST