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IndusInd Bank share price hits 15% LOWER CIRCUIT
India's ICICI Bank beats Q2 profit view on healthy loan demand, margins shrink
ICICI Bank, India's second-largest private lender, reported a bigger-than-expected second-quarter profit on Saturday, helped by healthy loan growth and core lending income, even as lending margins shrunk.
IndusInd Bank shares sink 18% after Q2 profit slumps 39% YoY. Should you buy, sell or hold?
Jefferies, Nomura, Investec, Nuvama, and IIFL have downgraded their ratings on IndusInd Bank due to weaker asset quality, lower Net Interest Margins, and softer loan growth. Target prices have been reduced significantly,
IndusInd Bank share price hits 15% LOWER CIRCUIT after poor Q2 results; brokerages cut target
Shares of IndusInd bank cracked by 15 per cent, hitting the lower circuit after reporting poor Q2 results. On Thursday, October 24, the private sector lender IndusInd Bank announced its results for the quarter ended September 2024 reporting a 39% YoY drop in its net profit that stood at Rs 1,
India Yes Bank's Q2 profit jumps on strong lending income, lower provisions
India's Yes Bank reported a bigger-than-expected rise in net profit for the July-September quarter on Saturday, helped by an increase in core lending income and a drop in provisions.
IndusInd Bank shares slump 15% as Q2 numbers miss estimates, analysts cut target price
IndusInd Bank shares fell 15% to ₹1,088, a 52-week low, after disappointing Q2 results. Analysts lowered target prices, with Motilal Oswal at ₹1,500 and Nuvama at ₹1,290, citing weak earnings and deteriorating asset quality.
IndusInd Bank posts unexpected Q2 profit drop as microfinance stress bites
India's IndusInd bank reported an unexpected drop in second-quarter profit on Thursday due to stress in microfinance loans, which led to higher provisions, lower asset quality and narrow lending margins.
India's IndusInd Bank tumbles 15% on becoming latest to warn of microfinance loan stress
Shares of India's IndusInd Bank slid 10% in early trade on Friday, a day after the private lender said it would not meet its full-year loan growth forecast after an unexpected drop in second-quarter profit due to stress in microfinance loans.
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on MSN
India's IndusInd Bank posts surprise drop in Q2 profit as provisions increase
India's IndusInd Bank on Thursday reported a surprise 39% fall in second-quarter profit weighed down by higher provisions for ...
2d
India mulls new crypto ban to support CBDC, Lazarus Group strikes again: Asia Express
India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two ...
2d
India’s Paytm wins approval to resume onboarding new UPI users
Paytm, a leading Indian financial services firm, has received regulatory approval to resume onboarding new UPI users, ...
4d
on MSN
How scammers duped India job seekers with a fake bank
A few weeks ago, police in India discovered that scammers had set up a fake bank branch - complete with a logo, office ...
4d
Indian Central Bank’s Platform Bridges India’s $600 Billion Gap for Smaller Firms
In the past two years, Indian engineering firm BTL EPC Ltd has seen revenues double and profit margins expand which Managing ...
10h
SBI and India Exim Bank filling trade financing gap in Africa
The event was initiated by Consul General of India Mahesh Kumar who said it is the first of a series of ongoing engagements with the IEF ...
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India’s central bank orders Sachin Bansal’s Navi to halt loans
India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, ...
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India’s Rate-Setters Remain Worried on Inflation, Minutes Show
India’s rate-setters remain vigilant on inflation as risks from geopolitical tensions and volatile food prices continue to ...
Bankers Adda
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Union Bank of India LBO Salary 2024, Pay Scale and Job Profile
The candidates interested in the Union Bank of India LBO Recruitment 2024 opportunity are wondering about the Local Bank ...
1d
India's Bank of Baroda lowers loan, deposit growth guidance for FY25
Bank of Baroda , India's third largest state-run lender, reduced its credit and deposit growth guidance for the fiscal year ...
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