November 03, 2019 12:37 PM IST Top private banks scale up on branches, deposit mobilisation; three banks post divergence of net NPAs
November 01, 2019 08:58 PM IST Kathpalia is the head of consumer loans at the Hindujas-promoted lender and his name has been forwarded to the Reserve Bank for approval, they said.
November 01, 2019 02:57 PM IST Romesh Sobti, the bank's current MD and CEO, is set to retire in March 2020 when he turns 70
October 31, 2019 09:18 PM IST Current MD & CEO Romesh Sobti's term ends on March 23, 2020.
October 16, 2019 04:00 PM IST ICICI Direct is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1400 in its research report dated October 11, 2019.
October 14, 2019 03:48 PM IST Arihant Capital recommended hold rating on IndusInd Bank with a target price of Rs 1373 in its research report dated October 11, 2019.
October 11, 2019 07:27 PM IST Sakshi Batra does a 3-Point Analysis of the earnings fineprint and shares an outlook on the stock.
October 11, 2019 12:11 PM IST Prabhudas Lilladher is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1640 in its research report dated October 10, 2019.
October 11, 2019 11:01 AM IST Asset quality has worsened in the September quarter, but experts feel that valuation is attractive at 2.1x FY21 adjusted price-to-book.
October 10, 2019 07:27 PM IST Sobti, who turns 70 next year, said that the decision will be made "well in time" as the succession planning has been going on since the past few years.
October 10, 2019 03:18 PM IST October 10, 2019 02:43 PM IST The net interest income, the difference between interest earned and interest expended, grew by 2.3 percent quarter-on-quarter (32 percent YoY) to Rs 2,909.5 crore in Q2.
October 10, 2019 09:53 AM IST Sobti, who turns 70 in March 2020, has been the bank’s CEO since FY08. Reserve Bank of India (RBI) norms stipulate 70 as retirement age for managing directors at banks
October 09, 2019 05:51 PM IST Net Interest Income (NII) is expected to increase by 43.4 percent Y-o-Y (up 11.5 percent Q-o-Q) to Rs. 316.1 crore, according to Prabhudas Lilladher.
October 09, 2019 04:11 PM IST Net Interest Income (NII) is expected to increase by 34.8 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 2,969.9 crore, according to ICICI Direct.
October 03, 2019 04:37 PM IST The deposit growth has been very strong in the last few quarters and has remained robust in this quarter because of the huge drive to raise retail fixed deposits. “We are getting Rs 5,000-6,000 crore of retail deposits every quarter. So deposit growth will show same sort of trending as seen in past,” he said
October 03, 2019 12:20 PM IST The bank has had significant recoveries in some stressed accounts, while exposures in various sectors have remained pretty much constant, CEO Romesh Sobti has said.
July 30, 2019 10:20 AM IST Top 10 companies which saw a double-digit rise in promoter pledge in Q1 include names like Jindal Steel, Kesoram Industries, Orient Electric, IndusInd Bank, Bharat Wire etc.
July 25, 2019 11:10 AM IST The top gainers from NSE include Cipla, Bharti Infratel, IndusInd Bank, Bajaj Auto and UltraTech Cement while the top losers are Coal India, Tata Motors, Indian Oil Corporation, Mahindra & Mahindra and JSW Steel.
July 20, 2019 10:55 AM IST Experts say that there is a possibility double-digit earnings growth could be seen after the September quarter.
July 18, 2019 04:20 PM IST HDFC Securities is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 2011 in its research report dated July 13, 2019.
July 16, 2019 04:02 PM IST KRChoksey is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1861 in its research report dated July 15, 2019.
July 16, 2019 04:01 PM IST ICICI Direct recommended hold rating on IndusInd Bank with a target price of Rs 1550 in its research report dated July 15, 2019.
July 16, 2019 12:16 PM IST On the downside, the index may find support around 11,400. On the other hand, stocks may see volatile swings across the board in reaction to the earnings
July 15, 2019 04:30 PM IST Dolat Capital recommended Accumulate rating on IndusInd Bank with a target price of Rs 1800 in its research report dated July 12, 2019.
