IndusInd share price rises as bank denies merger reports

The promoter has positively intervened to support and improve the financial position of the bank and would continue to support its initiatives to grow inorganically, the bank said in a BSE filing.

Banking Central | Does a Kotak-IndusInd marriage make sense?

Kotak Mahindra Bank may benefit in the long term by acquiring IndusInd but any bank merger comes with prolonged integration issues. Is this the right time?

Kotak Mahindra Bank is exploring takeover of IndusInd Bank: Reports

The promoters of Kotak Mahindra Bank and IndusInd Bank are currently in talks to seal the deal but nothing has been finalised

RBI fines IndusInd Bank Rs 4.50 crore for violation of rules

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, the RBI said.

Gainers & Losers: 10 stocks that moved the most on October 6

On the sectoral front, except IT, FMCG, pharma and energy other indices ended in the green. BSE Midcap and Smallcap indices rose 0.5 percent each.

IndusInd Bank shares jump 4% on provisional numbers for Q2FY21

Advances registered a 2 percent year-on-year growth and 1 percent sequential growth in the September quarter, the bank has told exchanges.

IndusInd Bank shares jump 6%; brokerages keep faith in the stock

The brokerage believes that the impact of COVID-19 on retail and SME asset quality is inevitable, but its stance to build high credit reserves even at the cost of near-term earnings is the right step.

Hold Indusind Bank; target of Rs 550: Emkay Global Financial

Emkay Global Financial recommended hold rating on Indusind Bank with a target price of Rs 550 in its research report dated September 29, 2020.

Story in a chart: Rising Channel pattern in IndusInd Bank suggests a buying opportunity

This stock is currently rising in the channel and its lower trend line, which is currently placed around Rs 560, has acted as support many times.

IndusInd Bank shares fall despite CLSA buy call

The stock traded in the red even as global brokerage firm CLSA recommended a buy on the stock with a target price of Rs 665.

IndusInd Bank allots shares worth Rs 2500 crore to investors through preferential issue

The investors include Route One Offshore Master Fund, Route One Fund I, L.P. ICICI Prudential Life Insurance Company, Tata Investment Corporation Ltd and AIA Company Ltd.

IndusInd Bank, SBI shares surge up to 9% after UBS upgrades them to buy from sell

UBS has a target price for IndusInd bank at Rs 675 and for SBI at Rs 260.

IndusInd Bank invokes shares in Eveready, McLeod Russel; promoter share falls

The private lender has acquired 7.82 percent and 7.50 percent shares in these two companies, respectively

IndusInd Bank up 2%, Eveready hits 52-week high as bank acquires stake in battery maker

Promoter group Khaitan family's stake in Eveready Industries has slipped below 10 percent after IndusInd Bank acquired stake by invoking pledged shares.

IndusInd Bank acquires 7.82% stake in Eveready by invoking pledged shares

The bank invoked pledge on 56,83,320 shares forming 7.82 percent of paid-up equity share capital of Eveready Industries.

Hold IndusInd Bank; target of Rs 557: Arihant Capital

Arihant Capital recommended hold rating on IndusInd Bank with a target price of Rs 557 in its research report dated July 30, 2020.

Buy IndusInd Bank; target of Rs 615: Anand Rathi

Anand Rathi is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 615 in its research report dated July 29, 2020.

Hold IndusInd Bank; target of Rs 580: ICICI Direct

ICICI Direct recommended hold rating on IndusInd Bank with a target price of Rs 580 in its research report dated July 29, 2020.

Hold IndusInd Bank; target of Rs 550: Emkay Global Financial

Emkay Global Financial recommended hold rating on IndusInd Bank with a target price of Rs 550 in its research report dated July 28, 2020.

Buy IndusInd Bank; target of Rs 680 : Prabhudas Lilladher

Prabhudas Lilladher is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 680 in its research report dated July 29, 2020.

Buy IndusInd Bank ; target of Rs 700: Motilal Oswal

Motilal Oswal is bullish on IndusInd Bank recommended buy rating on the stock with a target price of Rs 700 in its research report dated July 28, 2020.

IndusInd Bank Standalone June 2020 Net Interest Income (NII) at Rs 3,309.19 crore, up 16.36% Y-o-Y

What should investors do with IndusInd Bank: buy, sell or hold post Q1?

Net interest income grew by 16.4 percent year-on-year to Rs 3,309.2 crore in quarter ended June 2020.

IndusInd Bank to raise Rs 3,288 crore via preferential issuance

Under the proposed issue, the bank will allot 6.275 crore equity shares at a price of Rs 524 per share to a set of marquee investors and the promoters, subject to shareholders and other necessary approvals.

IndusInd Bank Q1 profit tanks 68% to Rs 461 crore as provisions spike 5-fold

Net interest income grew by 16.4 percent year-on-year to Rs 3,309.2 crore in quarter ended June 2020.