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Indusind Bank
Business  /  Published 06.02.22

IndusInd drags Zee to NCLT

IndusInd Bank has filed a petition with the National Company Law Tribunal (NCLT) seeking permission to initiate insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL).  &nbs...
By Our Bureau in Mumbai

Business  /  Published 30.01.22

IndusInd Bank net jumps 50 per cent

IndusInd Bank said its deposits as on December 31 last year totalled Rs 2,84,484 crore against Rs 2,39,135 crore, an increase of 19 per cent over the previous year period. Of this, the low-cost CASA (...
By Our Special Correspondent in Mumbai

Business  /  Published 28.12.21

IndusInd to use UPI for remittances

IndusInd Bank has tied up with the National Payments Corporation of India (NPCI) to offer real-time cross-border remittances by using the UPI IDs of the beneficiaries. The bank is the first lender to ...
By Our Special Correspondent in Mumbai

Business  /  Published 11.12.21

LIC to hold 10% in IndusInd

The Reserve Bank of India has permitted Life Insurance Corporation (LIC) to double its stake in IndusInd Bank. The country’s largest insurer has been given a year’s time to raise its stak...
By Our Bureau in Mumbai

Business  /  Published 24.11.21

IndusInd arm spars to retain top brass

In a rare event of two listed firms squabbling over senior executive appointments, IndusInd Bank on Tuesday said it cannot relieve Shalabh Saxena and Ashish Damani from its subsidiary Bharat Financial...
By Our Special Correspondent in Mumbai

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Business  /  Published 09.11.21

IndusInd hammered

Shares of IndusInd Bank on Monday tanked almost 11 per cent with investors appearing unimpressed by its explanation that a technical glitch may have led to the disbursal of loans without its consent a...
By Our Special Correspondent in Mumbai

Business  /  Published 07.11.21

IndusInd admits tech glitch

IndusInd Bank on Saturday admitted that its subsidiary had disbursed 84,000 loans without consent because of a ‘technical glitch’, even as it rejected allegations of loan evergreening. Ev...
By Our Special Correspondent in Mumbai

Business  /  Published 02.10.21

Khaitans raise stake

The Khaitans are trying to claw back control in India’s largest tea planter McLeod Russel India Ltd by scooping up shares from the bourses. The family acquired 5.74 per cent shares of the compa...
By Sambit Saha in Calcutta

Business  /  Published 28.07.21

Bank trio report mixed NPA trend

Canara Bank and Uco Bank on Tuesday reported a drop in their gross non-performing asset ratios for the quarter ended June but IndusInd Bank reported an increase in the ratio.   Canara Bank ...
By A Staff Reporter in Calcutta

Business  /  Published 04.06.21

Cayman cue stews IndusInd

Shares of IndusInd Bank on Thursday fell over 6 per cent during intra-day trade after year-old reports of the Cayman Island Monetary Authority (CIMA) cancelling the permit of Hinduja Bank resurfaced. ...
By Our Special Correspondent in Mumbai


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