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Latest Articles in indusind bank

Indusind Bank Records 10% Loan Growth In Sep Qtr

Net advances stood at Rs 2,01,247 crore at the end of the second quarter of the last financial year

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Indel Money Partners With Indusind Bank

IndusInd Bank will take into its book 80% of the gold loan generated by the co-lending arrangement while the remaining 20% will be funded by Indel Money.

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CEO, CFO Of Scam-Hit Karvy Arrested In Indusind Bank Default Case

The police had earlier arrested C Parthasarathy, Chairman of Karvy, on charges of defaulting a loan to the tune of Rs 137 crore to IndusInd Bank.

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Induslnd Bank Gets Empanelled As Agency Bank To RBI

The announcement comes close on the heels of a recent RBI guideline that authorises scheduled private sector banks as agency banks of the regulator for the conduct of government business.

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Fresh Card Issuance By 5 Pvt Banks To Be Impacted Due To Ban On Mastercard By RBI: Report

The issuance of new cards through another payment gateway would take 2-3 months because it involves technology integration and other modalities.

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Customers In Rural Odisha Can Now Pay Electricity Bills At Bharat Money Stores

IndusInd Bank on Wednesday announced its partnership with TP Central Odisha Distribution Ltd (TPCODL) -- a joint venture between Tata Power and the Odisha government.

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RBI Imposes Penalty On 14 Banks For Contravention Of Various Norms

The Reserve Bank of India said scrutiny in the accounts of the 'companies of a Group' was carried out and it was observed that the banks had failed to comply with certain provisions.

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Indusind Bank's Net Advances Jump To Rs 2.11 Lakh Cr At End Of June 2021

Deposits registered a jump of 26 per cent to Rs 2.68 lakh crore at the end of the June quarter this fiscal. In the year-ago period, the same stood at Rs 2.12 lakh crore.

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Indusind Bank Acquires Over 70 Lakh Shares In Mcleod Russel

Equity shares of the tea company, held by Ichamati Investments Ltd, were pledged with the bank for securing the outstanding dues of borrower Mcleod Russel India Ltd (MRIL).

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Sensex Falls 334 Points, Nifty Slips Below 15,650

The Auto sector plunged the most dragged by shares of Tata Motors, Ashok Leyland, and Motherson Sumi.

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Indusind Bank To Raise Climate Financing To 3.5% In Two Years

The bank will be increasing the allocation of capital towards climate finance to 3.5 per cent of its loan book over the next two years, which is currently at 2.7 per cent

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Banks, Financials Lift Sensex by 975 Points

HDFC Bank, ICICI Bank, IndusInd Bank, and SBI were the top boosts for Sensex today.

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Indusind Bank Q4 Net Profit Jumps Over Two-Fold To Rs 876 Cr

Total income was slightly up at Rs 9,199.48 crore in Q4 FY21 as against Rs 9,158.57 crore in same period of the previous fiscal, IndusInd Bank said in a regulatory filing.

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Sensex, Nifty End Marginally Higher On F&O Expiry

After gyrating 840 points during the day, the 30-share BSE index finished 32.10 points or 0.06 per cent higher at 49,765.94.

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Equities Rally For 3rd Day As Earnings Eclipse COVID Gloom; Bajaj Finance Jumps 8 %

Bajaj Finance was the star performer in the Sensex pack, surging 8.32 per cent, a day after it posted a 42 per cent increase in consolidated net profit at Rs 1,347 crore for the March quarter.

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