Nifty Bank surges 4% after FM said private banks can now participate in government business

The Bank Nifty index climbed 4 percent intraday to hit a day's high of 36,517.4. Even the Nifty PSU Bank index was up 3.5 percent and Nifty Private Bank gained nearly 4 percent.

Small business lender Kinara Capital secures $10 million from IndusInd Bank

This is part of a debt and equity round of Rs 100 crore, with equity contribution coming from Kinara’s existing investors Gaja Capital, GAWA Capital, Michael & Susan Dell Foundation and Patamar Capital, the fintech non-banking financial company said in a statement.

Buy IndusInd Bank; target of Rs 1340: Sharekhan

Sharekhan is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1340 in its research report dated February 16, 2021.

IndusInd Bank gets Rs 2,021 crore capital boost from promoters

The rights issue was necessitated to infuse residual capital into the bank in lieu of conversion of warrants issued to them in 2019 worth over Rs 2,695 crore into equity.

Buy IndusInd Bank; target of Rs 1195: Prabhudas Lilladher

Prabhudas Lilladher is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1195 in its research report dated February 17, 2021.

IndusInd Bank share price gains on capital infusion from promoters after rights issue

Citi has a buy call on the stock and has raised target to Rs 1,300 per share. The firm has also raised FY22/FY23 estimates by 3 percent each and is one of the research firm's preferred pick in the sector.

IndusInd Bank expects Rs 2,000 crore capital infusion from promoters on successful rights issue

The rights issue was necessitated to infuse residual capital into the bank in lieu of conversion of warrants issued to them in 2019 worth over Rs 2,695 crore into equity.

IndusInd Bank promoters complete capital raise through rights issue

IIHL raised capital at a premium of 1400 per cent towards the subscription of this rights issue, the bank said

Buy IndusInd Bank; target of Rs 1000: Sharekhan

Sharekhan is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1000 in its research report dated January 29, 2021.

Buy IndusInd Bank; target of Rs 1026: Prabhudas Lilladher

Prabhudas Lilladher is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1026 in its research report dated January 31, 2021.

Buy IndusInd Bank; target of Rs 1050: ICICI Direct

ICICI Direct is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1050 in its research report dated February 01, 2021.

Buy IndusInd Bank; target of Rs 1200: Motilal Oswal

Motilal Oswal is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1200 in its research report dated January 30, 2021.

Accumulate IndusInd Bank; target of Rs 940: Dolat Capital Market

Dolat Capital Market recommended accumulate rating on IndusInd Bank with a target price of Rs 940 in its research report dated January 30, 2021.

IndusInd Bank Standalone December 2020 Net Interest Income (NII) at Rs 3,406.10 crore, up 10.8% Y-o-Y

IndusInd Bank – Prudence to support further re-rating

With an undemanding valuation, we see more re-rating ahead for IndusInd Bank

IndusInd Bank Q3 profit falls 34% YoY, but beats market estimates

Gross NPA stood at Rs 3,650.6 crore against Rs 4,532.2 crore in Q2 FY21. It stood at 1.74 percent of the total assets against 2.21 percent in Q2 FY21.

IndusInd Bank share price up 3% ahead of Q3 result; management commentary eyed

Provisions could remain elevated given the fact that they have exposure to the MFI sector as well as personal loan and unsecured business. Net interest margin (NIM) could be under pressure on a YoY basis.

IndusInd Bank’s loans grow by 3.2% in December quarter

IndusInd Bank’s total loan book grew to Rs 2,07,691 crore at the end of December compared with Rs 2,01,247 crore in the preceding quarter

IndusInd Bank shares rise 3% after Sebi grants promoters extension to infuse capital

The promoters had paid Rs 673.82 crore towards warrant subscription for the price -- 25 percent of the warrant price of Rs 1,709 per share.

IndusInd Bank ex-CEO Romesh Sobti may join Aditya Birla Capital board as nominee director

Sobti, who took the role of operating partner at Advent Capital after retiring from IndusInd Bank, is likely to be appointed as a non-executive board member at AB Capital.

Buy IndusInd Bank; target of Rs 682: Anand Rathi

Anand Rathi is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 682 in its research report dated November 01, 2020.

Hold IndusInd Bank; target of Rs 625: ICICI Direct

ICICI Direct recommended hold rating on IndusInd Bank with a target price of Rs 625 in its research report dated November 01, 2020.

Accumulate IndusInd Bank; target of Rs 670: Dolat Capital Market

Dolat Capital Market recommended accumulate rating on IndusInd Bank with a target price of Rs 670 in its research report dated October 31, 2020.

Buy IndusInd Bank; target of Rs 720: Prabhudas Lilladher

Prabhudas Lilladher is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 720 in its research report dated October 31, 2020.

Analysts upgrade 31 stocks to 'buy' after Q2 earnings, can return 10-50%

The benchmark indices and broader markets have rallied more than 55 percent from the lows of March 23, though they have been some correction in the last few sessions.