Indusind

Net interest income, the difference between interest earned and interest expended, grew 16.36% YoY to ₹3309.19 crore in Q1Provisions during the quarter increased more than four fold to ₹2258.88 crore as against ₹430.62 crore a year ago

Route One currently holds 4.96% stake in the bankThe investment will help the bank shore-up its capital adequacy numbers from 15.04% at the end of the March quarter

Indusind says in view of the current market conditions and since the bank is adequately capitalised at present, it has been decided not to consider raising of Base-III compliant debt capital instruments for the time beingIndusind Bank has also deferred its board meeting scheduled for Monday

IndusInd Bank reported a doubling of slippages for the March quarter. Further, it said it had reported only half of the bad loans it had in 2016-17

Paytm Payments Bank says customers can redeem their deposits instantly, anytime without paying any pre-closure or miscellaneous charges and can earn up to 6.85% annual interest

Private sector lenders Yes Bank and IndusInd Bank will join the BSE stock exchange's 30-member Sensex index, effective 18 December

Under the deal, IndusInd will exchange 639 of its shares for every 1,000 shares in Bharat Financial

IndusInd Bank’s net profit for the September quarter rose 25% from a year ago due to higher net interest income and other income

Air India has tied up with public sector bank PNB and private lender IndusInd to secure loans to the tune of over Rs3,000 crore for meeting working capital requirements

The account is like a recurring deposit (RD)you have to invest for 12 months and the 13th month instalment will be a combination of the interest you earn and a top-up from Thomas Cook