IndusInd bank

IndusInd Bank-Bharat Fin merger to be effective from July 4

The National Company Law Tribunal on June 10, 2019, approved the Scheme of Arrangement among BFIL, IndusInd Bank and Induslnd Financial Inclusion and their respective shareholders and creditors.

Jun 20, 2019, 13:06 PM IST

IndusInd Bank launches battery-powered interactive credit card with buttons

This Card has been created in partnership with Dynamics Inc.

Nov 29, 2018, 12:06 PM IST

Satin Creditcare Network partners with IndusInd Bank for secured lending

SCNL has also diversified into housing finance and BC partnerships with other banks/NBFC.

Oct 12, 2018, 15:02 PM IST

RBI imposes Rs 30 million penalty on IndusInd Bank

The statutory inspection of the bank with reference to its financial position as on March 31, 2016 revealed violations of various regulations issued by RBI in the assessment of Non-performing Assets (NPAs) and extension of NFB facilities.

Dec 13, 2017, 18:57 PM IST

IndusInd Bank, Yes Bank to join BSE Sensex; Cipla, Lupin exit

The changes are announced by Asia Index, a joint venture between S&P Dow Jones Indices LLC and BSE. The move is a part of Asia Index's semi-annual reconstitution results.

Nov 17, 2017, 21:00 PM IST

Bharat Financial Inclusion shares gain over 4%; IndusInd Bank slips

IndusInd Bank on Saturday said it will acquire country's second largest microfinance player Bharat Financial Inclusion Ltd (BFIL) and the transaction is expected to be completed in the next 10 months.

Oct 16, 2017, 12:53 PM IST

IndusInd Bank net profit jumps 25% on robust CV loan demand

Romesh Sobti, managing director of the bank, said total income rose to Rs 5,395.92 crore from Rs 4,439.72 crore.

Oct 12, 2017, 15:56 PM IST

Air India ties up with PNB, IndusInd for Rs 3,250 crore loan

On June 28, the Cabinet Committee on Economic Affairs (CCEA) had given in-principle approval for strategic disinvestment of Air India and five of its subsidiaries.

Sep 27, 2017, 17:50 PM IST

ADB, IndusInd Bank partner to provide finance to women borrowers

The seven-year senior loan will go toward IndusInd Bank`s microfinance activities.

Sep 15, 2017, 19:04 PM IST

IndusInd, Bharat Financial enter into merger talks

If the merger fructifies, it will be the third deal for IndusInd Bank, after Deutsche Banks credit card portfolio in 2011 and RBS diamond financing book in 2015.

Sep 11, 2017, 11:32 AM IST

IndusInd Bank fourth-quarter net profit rises

Reuters - IndusInd Bank, India`s sixth-biggest private sector lender by assets, reported a 21 percent rise in its fourth-quarter profit on higher interest income, while its bad-loan ratio eased seq

Apr 19, 2017, 16:22 PM IST

IndusInd Bank Q3 net up 30% to Rs 581 crore

Private sector lender IndusInd Bank on Tuesday posted 30 percent increase in net profit to Rs 581.02 crore for the third quarter ended December 31, 2015-16.

Jan 12, 2016, 16:26 PM IST

IndusInd Bank Q2 net surges 30% to Rs 560 crore; to cut base rate

The bank reported an improvement in the gross non-performing assets ratio to 0.77 percent for the quarter as against the preceding quarter's 0.79 percent.

Oct 09, 2015, 18:49 PM IST

IndusInd Bank Q2 net up 30% to Rs 560 crore

The bank had recorded a net profit of Rs 430.20 crore in the corresponding quarter last fiscal, IndusInd Bank said in a filing to BSE.

Oct 09, 2015, 17:07 PM IST

IndusInd Bank up over 2% as RBI allows FIIs to buy shares

RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further shares in the lender.

Sep 07, 2015, 12:10 PM IST

IndusInd Bank raises Rs 5,081-cr via QIP, preferential issue

IndusInd Bank on Wednesday said it has raised Rs 5,081 crore by issuing six crore new shares via QIP and preferential issuances.

Aug 12, 2015, 15:51 PM IST

IndusInd completes acquisition of RBS bullion financing biz

"IndusInd Bank has completed the acquisition with the entire business portfolio migrating to the bank. The acquired loan book is approximately Rs 41 billion (Rs 4,100 crore," IndusInd Bank said in a BSE filing.

Jul 27, 2015, 11:19 AM IST

IndusInd Bank Q1 net rises 25% on interest, fee income

Private sector IndusInd Bank Monday posted a 25 percent rise in its June quarter net profit at Rs 525 crore driven by increase in interest and fee income.

Jul 13, 2015, 20:15 PM IST

IndusInd Bank-RBS deal gets Competition Commission nod

IndusInd Bank has received Competition Commission approval for the acquisition of Royal Bank of Scotland's gems and jewellery financing business in the country.

Jul 01, 2015, 21:15 PM IST

IndusInd Bank promoters to retain stake at 15% post QIP

IndusInd Bank on Thursday approved a preferential equity issue of up to 1.5 per cent to its promoters IIHL to ensure their holding does not fall below 15 per cent, after an upcoming institutional placement of shares, in which it is planning to raise Rs 4,800 crore.

Jun 11, 2015, 22:07 PM IST