Indusind Bank News - Latest Updates & Headlines
HDFC Bank gets RBI nod to raise holding in IndusInd Bank up to 9.5%
Mumbai, December 16: HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing.
HDFC Bank gets 1 year RBI approval for up to 9.5 pc stake in IndusInd Bank
New Delhi, Dec 16: HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to a 9.50 per cent stake in IndusInd Bank.
RBI rate cut to bolster consumption, growth: Bankers
New Delhi, Dec 5: The Reserve Bank of India’s decision to cut the repo rate is a move that uses the monetary space created by low inflation to stimulate consumption and strengthen the growth cycle, bankers said on Friday.
Odisha: Cyber syndicate running large-scale mule account network busted in Rourkela
Bhubaneswar, Nov 30: The Rourkela Police of Odisha on Sunday busted an organised cybercriminal syndicate involved in procuring mule bank accounts using the bank details of local residents and later provided those accounts to cyber criminals outside the state for laundering illicit funds obtained by duping gullible victims.
Hinduja Group Chairman Gopichand Hinduja passes away in London hospital
New Delhi, Nov 4: Hinduja Group Chairman Gopichand P. Hinduja passed away in a London hospital on Tuesday.
CABI unveils Indian team jersey ahead of inaugural Women's T20 World Cup - Cricket for the Blind, 2025
New Delhi, October 29: Cricket Association for the Blind in India (CABI), along with IndusInd Bank, on Wednesday unveiled Team India's official jersey for the upcoming historic inaugural Women's T20 World Cup - Cricket for the Blind 2025, set to begin on November 11.
IndusInd Bank denies fresh probe into Rs 255 crore accounting issue
Mumbai, Oct 17: IndusInd Bank on Friday clarified that the reported accounting irregularities amounting to Rs 255 crore are not part of any new investigation. The bank stated that the matter had already been investigated in an earlier probe conducted by an independent external agency, whose report was submitted in April 2025.
IndusInd Bank's Q2 net advances drop 8 pc, deposits decline 5 pc
Mumbai, Oct 5: Private sector lender IndusInd Bank has reported a sharp decline in its business performance for the second quarter of financial year 2025-26 (Q2 FY26), with both advances and deposits falling year-on-year (YoY) and sequentially (QoQ).
NSIC collaborates with private banks to boost MSMEs' credit access
Mumbai, Aug 14: Government PSU, the National Small Industries Corporation (NSIC), signed Memorandums of Understanding (MOU) with several private sector banks to enhance the availability of credit for MSMEs under its MSME Credit facilitation programme, an official statement said.
IndusInd Bank shares up after RBI approves Rajiv Anand as new MD and CEO
New Delhi, Aug 5: Shares of private lender IndusInd Bank went up on Tuesday, after the Reserve Bank of India (RBI) approved the appointment of Rajiv Anand as its new managing director and CEO.
IndusInd Bank's Q1 net profit crashes 68 pc
Mumbai, July 28: IndusInd Bank on Monday reported a sharp 68 per cent year-on-year (YoY) fall in net profit for the first quarter of the financial year 2025-26 (Q1 FY26).
RBI clears one-month extension for IndusInd Bank's interim executive committee
New Delhi, July 26: IndusInd Bank has received approval from the Reserve Bank of India (RBI) to extend the tenure of its interim executive committee by a month.
IndusInd Bank's net advances dip nearly 4 pc in Q1, deposits also decline
Mumbai, July 5: Private lender IndusInd Bank has reported a 3.9 per cent year-on-year (YoY) fall in net advances to Rs 3,34,477 crore for the quarter ended June 30 (Q1 FY26).
IndusInd Bank likely to submit CEO shortlist to RBI amid leadership overhaul
New Delhi, June 30: IndusInd Bank’s board is likely to unveil its shortlist for the next chief executive officer (CEO) on Monday, a key development as the lender looks to bounce back from months of disruption triggered by a derivatives trading fiasco and subsequent leadership crisis.
SEBI amends IndusInd Bank order, names top executives amid ongoing probe
Mumbai, June 7: The Securities and Exchange Board of India (SEBI) has issued a corrigendum to its interim order against IndusInd Bank Limited, replacing a key reference to clarify the nature of documents involved in the bank's internal dealings.
IndusInd Bank shares jump after RBI signals stability ahead
Mumbai, June 6: Shares of IndusInd Bank rose as much as 5.3 per cent on Friday, after the Reserve Bank of India (RBI) said the problems at the private sector lender are likely to settle soon.
SEBI bars five IndusInd Bank executives in insider trading case involving Rs 19.78 Crore
New Delhi, May 29: The Securities and Exchange Board of India (SEBI) has passed an interim order barring five former and current senior executives of IndusInd Bank from participating in the securities market, alleging their involvement in insider trading that helped them collectively avoid losses worth nearly Rs 19.78 crore.
IndusInd Bank's stock in turmoil as SEBI bans CEO from securities market
Mumbai, May 29: The stock of IndusInd Bank has declined 11 per cent since March 10 following the bank's disclosure of suspected fraud and concerns over insider trading.
Hinduja goes into damage-control mode as fraud rocks IndusInd Bank
New Delhi, May 22: Ashok P. Hinduja, Chairman, IndusInd International Holdings Limited (IIHL) which is the promoter of IndusInd Bank, went into damage-control mode on Thursday following the announcement of the fraud in the bank that has plunged the lender into a Rs 2, 236 crore loss for the January-March quarter.
Probing possible violations in IndusInd Bank case: SEBI Chairman
New Delhi, May 22: The Securities and Exchange Board of India (SEBI) is investigating possible violations in the IndusInd Bank case, following the bank's disclosure of suspected fraud and concerns over insider trading, SEBI Chairman Tuhin Kanta Pandey said here on Thursday.
IndusInd Bank clocks Rs 2,329 crore loss in Q4, to submit new names for CEOs
New Delhi, May 21: IndusInd Bank on Wednesday reported a net loss of Rs 2,329 crore in the March quarter (Q4 FY25), compared to a profit of Rs 2,349.15 crore in the same period of the previous financial year.
RBI approves executive committee to oversee IndusInd Bank operations
New Delhi, April 30: The Reserve Bank of India (RBI) has approved the constitution of an interim committee to oversee the operations of IndusInd Bank, which will discharge the duties, roles and responsibilities of the chief executive officer (CEO) of the bank for an interim period until a permanent CEO is appointed, the bank said on Wednesday.
IndusInd Bank CEO Kathpalia quits due to derivatives accounting lapse
Mumbai, April 29: IndusInd Bank announced on Tuesday that its Managing Director and CEO Sumant Kathpalia has resigned from his post in connections with the derivatives accounting lapse that has eroded the private sector bank's net worth.
Sensex jumps 855 points, Nifty ends above 24,100; banks, IT lead rally
Mumbai, April 21: The Indian stock market continued its strong rally for the fifth day in a row on Monday, as investors showed heavy buying interest in banking, IT, and auto stocks.
IndusInd Bank denies reports of CEO replacement
New Delhi, March 23: IndusInd Bank on Sunday denied media reports suggesting that its Chief Executive Officer (CEO) Sumant Kathpalia may be replaced in the next six months.
IndusInd Bank may see a new CEO by October: Report
New Delhi, March 22: IndusInd Bank may see a new CEO, replacing Sumant Kathpalia, in six months and once the potential names are submitted with the Reserve Bank of India (RBI), the Central Bank will finalise Kathpalia's successor.
IndusInd Bank hires independent firm to probe discrepancies in derivative portfolio
New Delhi, March 21: IndusInd Bank has appointed an independent professional firm to investigate discrepancies in its derivative portfolio.
Moody's places IndusInd bank credit assessment on review for downgrade
New Delhi, March 18: Concerns over internal control discrepancies in derivative accounts and retail loan stress of IndusInd bank has prompted rating agency Moody's to place the bank's baseline credit assessment under review for downgrade.
Ignore speculation, bank remains strong, RBI assures IndusInd Bank depositors
Mumbai, March 15: The Reserve Bank of India (RBI) assured IndusInd Bank depositors of its financial stability following recent speculation about its financial health.
IndusInd Bank's stock tanks over 27 pc, erases over Rs 19,500 cr in market value
Mumbai, March 11: IndusInd Bank's share price plummeted 27.06 per cent on Tuesday, closing at Rs 656.8 apiece, as the lender's internal review projected an adverse impact of approximately 2.35 per cent on its net worth (as of December 2024).
IndusInd Bank's stock hits 20 pc lower circuit, erases Rs 14,000 cr in market value
Mumbai, March 11: IndusInd Bank shares were locked in a 20 per cent lower circuit on Tuesday as the lender's internal review projected an adverse impact of approximately 2.35 per cent on its net worth (as of December 2024).
Andhra Pradesh reigns supreme at Nagesh Trophy final
Bengaluru, Feb 7: Andhra Pradesh reaffirmed their dominance in blind cricket by securing victory at the 7th edition of the Nagesh Trophy Men's National T20 Cricket Tournament for the Blind 2024-25.
IndusInd Bank reports 39 pc drop in Q3 profit at Rs 1,402 crore
Mumbai, Jan 31: IndusInd Bank on Friday reported a net profit of Rs 1,402 crore for the third quarter of the financial year 2024-25 (Q3 FY25), marking a 39 per cent decline compared to Rs 2,301 crore in the same quarter last year (Q3 FY24).
Women's National T20 Cricket Tournament for the Blind to be played in Kochi
Ernakulam (Kerala), Jan 9: A total of 19 teams from all over the country will be in the fray when the Women's National T20 Cricket Tournament for the Blind 2025 will be played here from January 13.