At 0.8 times book value, IndusInd Bank stock valued as 'cheap': Bernstein
The brokerage firm has revised its target price downward from Rs 1,300 to Rs 1,000, which still implies a 47 per cent upside potential from current levels. Bernstein has valued IndusInd Bank at 1x its ...
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ICICI Bank, HDFC Bank help Nifty Bank climb above 49,200: Which bank stock should you invest in?
ICICI Bank shares were among the top gainers on the Nifty Bank index, climbing nearly 3% to hit a day's high of ₹1,306.90. Heavyweight banking stock HDFC Bank also rose over 1% to ₹1,737.40, as a ...
India’s IndusInd Bank raises Rs110bn through certificates of deposit
This move comes as the bank seeks to strengthen its funding position following the revelation of a Rs20bn accounting discrepancy in its derivatives book.
IndusInd Bank Share Price Alert: Moody's Puts The Lender On Review For Downgrade; All Details Here
Moodys has placed IndusInd banks baseline credit assessment under review for downgrade citing concerns of its ongoing ...
Indian stock market unlikely to scale new highs this year, predicts Apurva Sheth of SAMCO Securities
Apurva Sheth, Head of Market Perspectives & Research, SAMCO Securities sees Nifty at 23,500 by 2025-end. Sheth doesn’t expect ...
IndusInd Bank shares worth ₹1,600 crore sold by mutual funds in February ahead of accounting discrepancy
Mutual fund holdings in IndusInd Bank declined by 7.4% to ₹20,020 crore. The number of IndusInd Bank shares held by fund ...
How deficiencies in derivative accounting at IndusInd Bank came to the fore
Sources aware of the matter say Gobind Jain, the bank’s CFO who stepped down on January 17, had a detailed exit interview ...
ICICI Bank, HDFC Bank lead the surge as Nifty Bank rallies 3% in a broad-based rise
The rally in the bank stocks pushed the Nifty Bank index up by over 1 percent to cross 49,000-mark for the first time after ...
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Moody’s places IndusInd bank credit assessment on review for downgrade
Concerns over internal control discrepancies in derivative accounts and retail loan stress of IndusInd bank has prompted ...
Missing gaps in operational risks in IndusInd Bank
Even minor human errors in interpreting regulations or internal accounting standards forming part of operational risk (OR) ...
Stock Market Focus Castrol India, IndusInd Bank, Bajaj Finserv More
US industrial production figures for the month of February will be released, Moody's expressed confidence in Indusind Bank, ...
IndusInd Bank Shares Rise For The 2nd Session; What Investors Should Do Now?
IndusInd bank issued CDs with maturities ranging from three months to one year, priced between 7.80% and 7.90% ...