By Debdeep Gupta | 05 Aug, 2025
IndusInd Bank shares jump 5% as RBI approves appointment of Rajiv Anand as new CEO
Shares of troubled private lender IndusInd Bank Ltd rallied on the bourses on Tuesday, August 5, after the Reserve Bank of India approved the appointment of Rajiv Anand as the new managing director and CEO.The three-year appointment will run until August 24, 2028, pending shareholder approval at the bank's upcoming general meeting.At 9.25 a.m., shares of the bank were quoting Rs 842.2, higher by 4...
Live Comments
amateurinvestor1 2025-05-29 15:13:09
The capital markets regulator Sebi has issued an ex-parte interim order against five senior executives, including the former CEO of IndusInd Bank, in connection with an insider trading case.
Login & Reply Like(0) Dislike(0) Repost SpamOptionsTrade 2025-05-23 17:46:39
IndusInd Bank may face muted financials in the medium to near-term, and the new MD and CEO will have an "uphill task" of resurrecting the bank and regaining investor trust, brokerages said on Thursday after the beleaguered bank reported its biggest net loss in 20 years.
Login & Reply Like(0) Dislike(0) Repost SpamNickName01 2025-05-22 13:22:43
In the fourth quarter, the lender posted a net loss of ₹2,236 crore, compared to a profit of ₹2,346 crore during the same period last year. Additionally, its net interest income declined by 43% year-on-year to ₹3,048 crore.
Login & Reply Like(0) Dislike(0) Repost SpamNickName01 2025-05-20 12:18:07
IndusInd Bank is being probed by India's markets regulator (SEBI). Six officials are reportedly involved in the probe for alleged insider trading in connection with accounting failures at the bank prior to public disclosure.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-05-16 15:48:46
IndusInd Bank on Thursday said its internal audit department (IAD) has found "unsubstantiated balances" of Rs 595 crore in "other assets" of its balance sheet, and has also examined the roles of key employees in this lapse.
Login & Reply Like(0) Dislike(0) Repost SpamDalalStreetCalls_1 2025-04-30 20:44:11
IndusInd Bank MD & CEO Sumant Kathpalia resigned, taking “moral responsibility” amid controversy over derivatives transactions. The bank confirmed his exit at the end of business hours today.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-04-16 11:24:37
The bank has received a report from an independent agency highlighting discrepancies in its derivative transactions. As of June 2024, the report estimates a negative impact of ₹1,979 crore from these deals.
Login & Reply Like(0) Dislike(0) Repost Spamsonya 2025-03-31 09:13:56
IndusInd Bank took a big step for rescue, loan of Rs 10000 crore transferred
Login & Reply Like(0) Dislike(0) Repost SpamDalalStreetCalls_1 2025-03-26 09:11:39
IndusInd Bank shares will be in focus as PwC is expected to submit its report on Friday regarding a ₹2,100 crore accounting discrepancy in its derivatives portfolio, which may impact 2.35% of the bank's net worth.
Login & Reply Like(0) Dislike(0) Repost Spamamateurinvestor1 2025-03-25 10:51:41
The CGST and Central Excise department in Thane has levied a penalty of ₹30.15 crore on the bank due to multiple GST-related issues. The bank is considering filing an appeal against the decision.
Login & Reply Like(0) Dislike(0) Repost Spamamateurinvestor1 2025-03-24 09:36:10
The lender appointed Grant Thornton to conduct a forensic review into accounting lapses detected this month and to check if there is any evidence of fraud or internal misstatements, according to reports.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-03-18 14:05:21
Moody's Ratings placed the lender’s baseline credit assessment (BCA) under review for downgrade due to concerns over "inadequate internal controls" after the bank found discrepancies in its derivative accounts.
Login & Reply Like(0) Dislike(0) Repost Spamanbillion 2025-03-11 09:14:05
IndusInd Bank found discrepancies in its derivative portfolio after implementing new RBI rules in April 2024. An internal review revealed issues in "Other Assets" and "Other Liabilities" accounts.
Login & Reply Like(0) Dislike(0) Repost Spamanbillion 2025-03-11 09:05:31
Reliance Nippon Life Insurance eyes a 9.9% stake purchase.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-03-08 20:53:02
will go down further from here and most probably take support around 800 levels
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-02-01 09:34:32
Q3 standalone net profit fell to Rs 1,400 crore from Rs 2,298 crore Y-o-Y but surpassed estimates of Rs 1,271 crore. Revenue increased to Rs 12,800 crore from Rs 11,572 crore Y-o-Y. Gross NPA stood at 2.25 per cent versus 2.11 per cent Q-o-Q, while net NPA was at 0.68 per cent versus 0.64 per cent Q-o-Q. Provisions declined to Rs 1,744 crore from Rs 1,820 crore Q-o-Q.
Login & Reply Like(0) Dislike(0) Repost SpamArvind01 2025-01-20 12:50:45
Gobind Jain, Chief Financial Officer of IndusInd Bank, has stepped down to pursue other career opportunities.
Login & Reply Like(0) Dislike(0) Repost Spamamateurinvestor1 2024-12-23 11:21:24
The Reserve Bank of India has imposed a penalty of Rs 27.3 lakh on IndusInd Bank for non-compliance with certain regulatory norms.
Login & Reply Like(0) Dislike(0) Repost SpamTechyInvestor01 2024-10-07 19:48:18
IndusInd Bank's net advances grew 13 percent year-on-year and 3 percent sequentially to ₹3.56 lakh crore. Deposits increased 15 percent YoY and 4 percent from June, reaching ₹4.12 lakh crore.
Login & Reply Like(0) Dislike(0) Repost Spamblogist01 2024-08-07 13:32:57
This stock has gone down 20 percent in 2024 when others have risen upto 60 percent despite having no bad news, basically lots of banking stocks facing similar patterns, first rblbank then hdfcbank, then bandhan and lastly indusind. nothing wrong in any of these banks but they are made to look bad and to control bnifty and make psbs go up all this game is being played out
Login & Reply Like(0) Dislike(0) Repost Spam