Company: IndusInd Bank Ltd

The Nifty Bank Index extended gain for the second consecutive trading session to hit a new all-time high.
March 12, 2019, 2:43 p.m.

Gaurav Kapur, Senior Vice President & Chief Economist at IndusInd Bank speaks with ET Now about their quarter performance and highlights the GDP growth in Q3.
Feb. 28, 2019, midnight

The bank's CAR as on December 2018 stood at 14.19 per cent against 15.83 per cent at the end of the year-ago December quarter
Feb. 13, 2019, 10:38 p.m.

The bank has partnered with Tata AIA for life insurance, Cholamandalam MS for general insurance
Feb. 3, 2019, 9:36 p.m.

Proftability of the bank was subdued (PAT +5% yoy and 7% qoq) during the quarter due to higher NPL provisioning while operatng proft growth was healthy (27% yoy).
Jan. 10, 2019, 11:49 a.m.
Author : LKP Research | Publisher:

IndusInd Bank (IBL) reported its 3QFY19 results with the key takeaways being: (1) IBL took provision cover to IL&FS parent exposure to 30% and expects a cumulative provision requirement of 40-50% on this exposure to IL&FS parent.
Jan. 10, 2019, 11:34 a.m.

We assess the performance as largely mixed with a negative bias. While the headline number on margins were fairly flat (3.8% QoQ) we sense competitive pressure on the retail core spreads.
Jan. 10, 2019, 11:34 a.m.

It made additional contingency provisioning to the tune of Rs2.6bn towards exposure to IL&FS Holdco (exposure at Rs20bn), taking the total provisioning on this account to 30%.
Jan. 10, 2019, 11:33 a.m.

IndusInd Bank’s progressive provisioning indicates that the recovery from the IL&FS fiasco is unlikely to be smooth
Jan. 9, 2019, 8:21 p.m.

Jan. 9, 2019, 7:44 p.m.