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Latest Articles in indusind bank

IndusInd Bank To Facilitate Digital Transactions On E-NAM For Agri Value Chain Participants

SFAC is also implementing CSS on “Formation & Promotion of 10000 FPOs” across the country, besides facilitating Venture Capital Assistance and Credit Guarantee scheme benefits to Small & Marginal farmers of the country, according to the official statement.

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IndusInd Bank Moves NCLT To Initiate Insolvency Proceedings Against Zee Ent

IndusInd Bank has claimed a default of Rs 83.08 crore against the media and entertainment firm

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IndusInd Bank, NPCI Tie Up To Simplify Cross-border Remittances Through UPI

Indians can now get remittance money from their foreign sources in a much easier way as IndusInd Bank has tied up with NPCI to facilitate cross-border money transfer by using UPI IDs of beneficiaries.

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IndusInd Bank Partners With NPCI To Offer Cross-border Payments Via UPI

With this initiative, IndusInd Bank has become the first Indian bank to go live on UPI for Cross Border Payments/NRI remittances. The MTOs will use its channel to connect with NPCI’s UPI payment systems for validation and cross-border payment settlement into beneficiary accounts.

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RBI Grants Approval To LIC To Up Stake In IndusInd Bank To Nearly 10%

The RBI approval is subject to the compliance with the direction on 'Prior Approval for Acquisition of Shares and Voting Private Sector Banks' as well as regulations of the Sebi and any guidelines or regulations.

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Investors' Wealth Tumbles Over Rs 4.48 Trillion As Markets Plummet

The market capitalization of BSE-listed tanked Rs 4,48,223.31 crore to Rs 2,61,18,730.57 crore during the day.

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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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