Edition:
India

Indusind Bank Ltd (INBK.BO)

INBK.BO on Bombay Stock Exchange

1,359.50INR
15 Nov 2019
Change (% chg)

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Prev Close
Rs1,359.50
Open
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Day's High
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Volume
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Avg. Vol
247,516
52-wk High
Rs1,835.00
52-wk Low
Rs1,192.00

Latest Key Developments (Source: Significant Developments)

India's IndusInd Bank Exec Says Aim To Keep Credit Cost Between 60-70 BPS
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - IndusInd Bank Ltd Exec ::INDIA'S INDUSIND BANK EXEC SAYS HAD 1.1% EXPOSURE TO MEDIA, DIVERSIFIED AND HOUSING FINANCE COMPANIES IN Q2; EXPECTED TO COME DOWN FURTHER.INDUSIND BANK EXEC SAYS NET SLIPPAGES FOR BANK HAS FALLEN FROM 0.54% LAST QUARTER TO 0.35% THIS QUARTER.INDUSIND BANK EXEC SAYS GAINED MARKET SHARE IN AUTO SEGMENT IN Q2 DESPITE SLOWDOWN.INDUSIND BANK EXEC SAYS UNSECURED BUSINESS GROWING AT 40% CAGR IN Q2.INDUSIND BANK EXEC SAYS REAL ESTATE EXPOSURE IS 3.8% OF LOAN BOOK IN Q2 WITH SMALL OVERDUE.INDUSIND BANK EXEC SAYS AIM TO KEEP CREDIT COST BETWEEN 60-70 BASIS POINTS, HALF YEAR CREDIT COST AT 33 BASIS POINTS.INDUSIND BANK EXEC SAYS SIX MONTH CERTIFICATE OF DEPOSIT RATE CHOSEN AS BENCHMARK FOR EXTERNAL BENCHMARKING OF LOANS.  Full Article

IndusInd Bank Exec Says Bids For Asset Sale Of IL&FS Should Happen By August
Friday, 12 Jul 2019 

July 12 (Reuters) - IndusInd Bank Ltd Exec ::INDUSIND BANK LTD EXEC SAYS BIDS FOR ASSET SALE OF IL&FS SHOULD HAPPEN BY AUGUST.INDUSIND BANK LTD EXEC SAYS EXPECT LOAN GROWTH TO BE IN THE RANGE OF MID-TWENTIES FOR THE COMING QUARTERS.  Full Article

India's Indusind Bank March Qtr Net Profit Falls
Wednesday, 22 May 2019 

May 22 (Reuters) - Indusind Bank Ltd ::MARCH QUARTER NET PROFIT 3.60 BILLION RUPEES VERSUS PROFIT OF 9.53 BILLION RUPEES YEAR AGO.MARCH QUARTER INTEREST EARNED 59.91 BILLION RUPEES VERSUS 46.50 BILLION RUPEES YEAR AGO.MARCH QUARTER PROVISIONS AND CONTINGENCIES 15.61 BILLION RUPEES VERSUS 3.36 BILLION RUPEES YEAR AGO.MARCH QUARTER GROSS NPA 2.10 PERCENT VERSUS 1.13 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 1.21 PERCENT VERSUS 0.59 PERCENT PREVIOUS QUARTER.RECOMMENDED DIVIDEND OF 7.50 RUPEES PER SHARE.  Full Article

IndusInd Bank Says Exposure To An NBFC, Units Stands At 0.5% Of Loan Book
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Indusind Bank Ltd ::EXPOSURE TO AN NBFC & ITS UNITS, WHOSE RATINGS WERE DOWNGRADED, STANDS AT ABOUT 0.5% OF LOAN BOOK & SECURED VIA SECURITY PACKAGE.  Full Article

Indusind Bank Approves Allotment Of Basel III-Compliant Additional Tier I Capital Bonds Worth Up To 14.90 Bln Rupees
Thursday, 28 Mar 2019 

March 28 (Reuters) - Indusind Bank Ltd ::APPROVED ALLOTMENT OF BASEL III-COMPLIANT ADDITIONAL TIER I CAPITAL BONDS FOR CASH UP TO 14.90 BILLION RUPEES.  Full Article

Indusind Bank Says NCLT Asked To Convene Shareholder Meet To Consider Merger Among Bharat Financial Inclusion, Indusind Financial Inclusion, Co
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Bharat Financial Inclusion Ltd ::NCLT ASKED TO CONVENE SHAREHOLDER MEET ON DEC 11 TO CONSIDER MERGER AMONG BHARAT FINANCIAL INCLUSION,INDUSIND FINANCIAL INCLUSION AND CO.  Full Article

Indusind Bank Says NIM For HY Ended September 30 Was 3.88 Pct
Monday, 15 Oct 2018 

Oct 15 (Reuters) - Indusind Bank Ltd ::SAYS NIM FOR HY ENDED SEPTEMBER 30 WAS 3.88 PERCENT.  Full Article

IndusInd Bank Gets NSE, BSE Nod For Merger Of Bharat Financial Inclusion With Co
Tuesday, 5 Jun 2018 

June 5 (Reuters) - IndusInd Bank Ltd::INDUSIND BANK LIMITED RECEIVES 'NO-OBJECTION' FROM NSE, BSE FOR MERGER OF BHARAT FINANCIAL INCLUSION LIMITED WITH CO.  Full Article

Indusind Bank, Ripple Tie-Up For Cross Border Remittances​
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Indusind Bank Ltd ::SAYS ‍INDUSIND BANK AND RIPPLE TIE-UP FOR CROSS BORDER REMITTANCES​.  Full Article

IndusInd Bank Qtrly NIM At 3.99 Pct
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - IndusInd Bank Ltd ::SAYS QTRLY NIM 3.99 PERCENT.  Full Article

BUZZ-India's IndusInd Bank hits over 3-week low; chart suggests more downside

** Shares of IndusInd Bank Ltd fall as much as 5.21% to 1,411.25 rupees, lowest since May 22