IndusInd Bank Terminates Purchase Agreement With IL&FS
IndusInd Bank has announced that its agreement to fully acquire IL&FS Securities Services Ltd (ISSL) had been terminated due to non-fulfilment of conditions. Earlier this...
Tag : IndusInd Bank
IL&FS Board Creates A New Roadmap To Address Lenders Concerns
The IL&FS board has briefed the National Company Law Appellate Tribunal (NCLAT) that the board has created a new roadmap to address nonpayment of dues...
IndusInd Bank’s Profit For The Q2 FY19 Reported At Rs 920.25 crores
IndusInd Bank published their financial report for the July-September quarter with a net profit of Rs 920.25 crores, posting a 4.6% rise as compared to...
IndusInd Bank Q1 net profit rises 24% YoY
IndusInd Bank has reported a 23.8% YoY increase in profit at Rs.1,035.72 crore, for the quarter ended June 30,2018. Last year, in the corresponding year the...
IndusInd Bank Q4 net profit rises 27% to Rs.9.53 billion
IndusInd Bank Ltd has posted a 26.7% YoY rise in its Q4 net profit. The bank’s net profit rose to Rs.9.53 billion in the quarter...
IndusInd Bank receives approval from RBI to acquire IL&FS arm
IndusInd Bank has received approval from RBI, to acquire the securities services arm of IL&FS. The bank in a regulatory filing stated, “The Reserve Bank...
RBI approves IndusInd Bank merger with Bharat Financial
The Reserve Bank of India (RBI), has given approval to the merger of IndusInd Bank with Bharat Financial Inclusion Limited (BFIL). In a filing to...
IndusInd Bank Q3 profit increases 25%
IndusInd Bank has reported a net profit of Rs.936.2 crore for the December quarter, thereby growing at 24.73% year on year. Last year, in the...
IndusInd Bank raised USD 500 mn from overseas lenders
IndusInd Bank for expanding its business has raised USD 500 million term loan from overseas lending bodies. In a regulatory filing the bank stated that,...
Yes Bank, IndusInd bank will substitute Cipla, Lupin in BSE Sensex
Asia Index today stated that, IndusInd Bank and Yes Bank will enter into the BSE’s benchmark index from December 18, 2017, while Cipla and Lupin...