Mumbai, Feb 18 IndusInd Bank has raised Rs 2,021 crore of common equity capital through conversion of preferential warrants issued to the promoter entities. Accordingly, IndusInd International Holdings Limited (IIHL) and IndusInd Limited (IL) were issued the preferential warrants. The
New Delhi, Oct 31 Private lender IndusInd Bank’s consolidated net profit fell by 52.67 per cent during the second quarter of FY21 on a year-on-year basis. Accordingly, IndusInd Bank’s consolidated net profit fell to Rs 663 crore as compared to
New Delhi, Aug 9 IndusInd bank has acquired more than 7 per cent stake in both Eveready Industries India and McLeod Russel India by invoking pledged shares. The bank invoked pledge on more than 56.83 lakh equity shares of Eveready
Mumbai, July 24 IndusInd Bank on Friday said that the US-based hedge fund Route One Investment Company has received Reserve Bank of India’s (RBI) approval to raise its stake to 10 per cent from its current stake of 4.96 per
New Delhi, April 28 Private lender IndusInd Bank’s consolidated net profit fell 14.05 per cent during the fourth quarter of FY20. IndusInd Bank’s March quarter net profit declined to Rs 315.18 crore from Rs 359.48 crore reported in the corresponding
Mumbai, March 18 Lender IndusInd Bank on Wednesday reiterated that it is “financially strong, well-capitalised, profitable, and a growing entity with strong governance”. The bank’s statement comes in the wake of significantly higher level of speculation around its stock. On
Mumbai, Feb 28 Private lender IndusInd Bank on Thursday said that it has received RBI’s approval for the appointment of Sumant Kathpalia as the bank’s MD and CEO for three years post the retirement of the incumbent Romesh Sobti. According
Mumbai, Jan 15 Private lender IndusInd Bank on Tuesday reported a 33 per cent increase in its consolidated net profit for the third quarter (Q3) of 2019-20, at Rs 1,309 crore against Rs 985 crore in the corresponding period of
Mumbai, July 13 Private lender IndusInd Bank on Wednesday reported a 38 per cent increase in its net profit for the first quarter (Q1) of 2019-20. Accordingly, the bank’s net profit during the quarter under review rose to Rs 1,433
New Delhi, May 23 Worsening asset quality pushed down IndusInd Bank’s net profit over 62 per cent to Rs 360 crore in the fourth quarter of FY2019 and the gross non-performing assets (NPAs) rose to 2.10 per cent of gross
Mumbai, Oct 16 The IndusInd Bank on Monday reported a 5 per cent increase in net profit for the second quarter (Q2) of 2018-19. Its net profit during the quarter under review rose to Rs 920 crore from Rs 880
Mumbai – October 10, 2018 IndusInd Bank today launched the IndusInd Bank Duo Card which is India’s first 2 EMV chip debit cum credit card. This two-in-one Duo Card with two Magnetic Stripes & 2 EMV Chips brings the functionalities
Mumbai, Jan 11 The IndusInd Bank on Thursday reported a rise of almost 25 per cent in net profit for the third quarter (Q3) of 2017-18. According to the lending major, its net profit during the quarter under review rose
Mumbai, April 22 IndusInd Bank said on Thursday that it posted a rise of 25.25 percent in its standalone net profit for the quarter ending March 31, 2016, at Rs.620.35 crore against Rs.495.27 crore in the same period of 2014-15.According
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