IndusInd Bank Ltd

(INDUSINDBK)

IndusInd Bank Shows Strong Growth Prospects - 18 Sep, 2024

IndusInd Bank Ltd demonstrates consistent loan growth exceeding industry averages, healthy deposit growth, and strong asset quality. With stabilizing fund costs, margins are expected to improve, and the bank is valued at 1.7x its FY26E adjusted book value, with a target price of Rs 1,757.

IndusInd Bank: Positive Outlook Amid Challenges - 17 Sep, 2024

IndusInd Bank is expected to see a revival in vehicle finance disbursements post-elections. While loan growth is gaining traction, it may lag guidance in the near term. The bank is well-positioned for an interest rate cycle shift, with moderate vehicle finance stress and contained corporate slippages.

RBI Governor Maintains Policy Stance Amid Inflation Concerns - 13 Sep, 2024

RBI Governor indicates no immediate policy changes despite a dip in inflation. Focus remains on price stability as inflation is expected to rise above the 4% target.

IndusInd Bank Revises Fixed Deposit Interest Rates - 07 Sep, 2024

IndusInd Bank has updated its fixed deposit interest rates, offering up to 8.25% for senior citizens and 7.75% for general citizens, effective September 7, 2024.

IndusInd Bank Gains on CLSA's Positive Outlook - 28 Aug, 2024

IndusInd Bank's shares increased by 2% following CLSA's Outperform rating, projecting a 28% upside. Analysts highlight favorable asset quality and potential growth amid interest rate reductions.

IndusInd Bank Partners with Paralympic Committee for Paris 2024 - 26 Aug, 2024

IndusInd Bank has partnered with the Paralympic Committee of India as the Official Banking Partner for the Paris 2024 Paralympic Games, supporting para-athletes through its initiative, IndusInd For Sports. The bank aims to enhance facilities and resources for athletes with disabilities, launching the #HarKadamJeetKa campaign to inspire support for India's para-athletes.

IndusInd Bank Shows Bullish Technical Signals - 25 Aug, 2024

IndusInd Bank has established a support zone around Rs 1,330-1,350, coinciding with a bullish AB=CD pattern. The RSI breakout indicates a shift to bullish momentum, suggesting a long position within Rs 1,370-1,390, targeting Rs 1,470, with a stop-loss near Rs 1,335.

IndusInd Bank Partners with Paralympic Committee of India - 23 Aug, 2024

IndusInd Bank has partnered with the Paralympic Committee of India as its Official Banking Partner, emphasizing its commitment to support Indian para-athletes and promote inclusivity through sports initiatives.

IndusInd Bank Shows Resilience and Buying Opportunity - 22 Aug, 2024

IndusInd Bank is holding steady at a crucial support level of Rs 1335, with a bullish pattern indicating a potential upside. A buying range of Rs 1370-1390 is recommended, targeting Rs 1500, while managing risk with a stop-loss at Rs 1299.

IndusInd Bank Receives Approval for AMC Business - 21 Aug, 2024

IndusInd Bank has received approval from the RBI to establish a wholly-owned asset management company, marking its first direct para-banking subsidiary. This move allows the bank to generate revenue as a creator and seller of mutual funds, expanding its business operations beyond distribution.

IndusInd Bank Gains from RBI Approval for AMC - 20 Aug, 2024

IndusInd Bank received RBI approval to establish a wholly owned asset management subsidiary, leading to a 2.6% rise in shares. Analysts view this positively, though caution about modest valuation impact persists.