Indusind Bank Ltd

After deputy chief executive Arun Khurana's departure, bank's Chief Executive Sumant Kathpalia resigned on Tuesday, stating he was taking "moral responsibility" for the failures.

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About 1,961 shares advanced, 1,360 declined and 119 remained unchanged on July 19.

Analyst Tracker | Dynamic macros result in more contrarian downgrades than upgrades

Markets run six months ahead of fundamentals. Hence, changes in macros take time to show up in the earnings estimates of analysts.

IndusInd Bank Q1 net profit jumps 60.5% YoY to Rs 1,631.1 crore, beats estimate

Analysts had expected the lender to report a 46 percent on-year growth in net profit.

IndusInd Bank Q1 preview | Net profit seen rising 46% YoY as provisions slide

IndusInd Bank Q1 preview: The operating performance of IndusInd Bank in Q1 will be weak, affected by substantial losses in the treasury department

IndusInd Bank Q4 Result | Consolidated profit rises 51.2% YoY to Rs 1,400.5 crore, NII grows 12.7%

The bank was able to reduce its gross and net NPAs while at the same time improved upon its capital adequacy ratio

IndusInd Bank Results Preview | Net profit to more than double on lower provisions

Rise in bottomline will largely be supported by a sharp decline in provisions

UBS sells IndusInd Bank shares worth over Rs 366 crore

As per the data available on the BSE, UBS Principal Capital Asia offloaded 39.50 lakh shares of the bank at an average price of Rs 928 apiece, valuing the transaction at Rs 366.56 crore.

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In the past RBI has been hesitant to allow large businesses to promote banks. The indications are that this approach could change now