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The Latest Breaking News from IndusInd Bank

Selling insurance but not handling customer grievances: IRDAI fines IndusInd Bank Rs 1 crore; here's what policyholders should know

IndusInd Bank faces a Rs 1 crore penalty from IRDAI for failing to provide an adequate, insurance-specific grievance redressal mechanism for policyholders. Despite claims of an overall system, the regulator found a lack of dedicated channels and inadequate information, highlighting a crucial distinction between banking and insurance customer service.

The Economic Times

Difficult time for microfinance business behind us, Q2 to see growth, says IndusInd Bank MD

IndusInd Bank expects its microfinance business to grow 15-20% in FY27, with CEO Rajiv Anand saying its difficult phase is now behind it. The lender expects growth to return from the second quarter after scaling up disbursements, while risks are also easing.

The Economic Times

Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banks

Highest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESAF, and Suryoday Small Finance Banks provide 8.50% interest. Public sector banks like Bank of India offer competitive rates on specific tenures.

The Economic Times

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Explained: What $127 billion FCNR(B) inflows mean for ICICI Bank, HDFC Bank, other bank stocks

Closing the FCNR(B) scheme has led to a noteworthy increase in dollar inflows, which has positively impacted foreign exchange reserves. Indian banks have benefited from these substantial funds, assisting in the continued growth of loans. Nonetheless, the Reserve Bank of India must now tackle the critical issue of managing surplus…

The Economic Times

Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency plan

Dissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve his personal insolvency plan. The plan proposes paying ₹6.5 crore against admitted creditor claims of about ₹22,006.57 crore, though Chandra disputes that claim amount.

The Economic Times

From AI strategy to enterprise execution: The leaders shaping India’s AI transformation

The Economic Times AI Business Transformation Masterclass & ET Most Innovative AI Product Awards 2026 brings together leaders from NVIDIA, PepsiCo, IndusInd Bank, PhonePe, Pine Labs, Gnani AI, Perceptyne Robots and Shadowfax to examine how AI is being deployed across enterprise infrastructure, financial services, commerce, supply chains, voice and robotics.

The Economic Times

Highest FCNR (B) interest rates: Check PSU vs private sector bank rates for NRIs, OCIs

FCNR (B) FD interest rates: The window for Non-Resident Indians to enjoy favorable FCNR(B) deposit rates is closing soon, specifically on August 31. With the government absorbing the hedging costs for these foreign currency deposits, this is an opportune moment for investors. Many banks are offering attractive interest rates, so…

The Economic Times

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Highest 5-year senior citizen FD interest rates: Public vs private sector banks- which offers highest maturity

Highest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank offer 7.75% on three-year FDs. DCB Bank leads with an 8.00% interest rate for five-year fixed deposits. Public sector banks like Bank of India provide 7.45% on three-year…

The Economic Times

IndusInd Bank shares fall 5% despite 72% YoY Q1 profit surge. Why analysts remain bullish?

IndusInd Bank shares fell despite reporting a 72% year-on-year jump in Q1 FY27 net profit to Rs 1,037 crore and brokerages raising target prices. Investors remained cautious as net interest income stayed largely flat at Rs 4,685 crore. The lender's profitability was supported by an improvement in net interest margin…

The Economic Times

Stocks in news: Infosys, IndusInd Bank, Eternal, Adani Green, Dr Reddy's

Indian markets experienced a decline on Wednesday due to global and geopolitical concerns. IndusInd Bank reported a significant profit increase while Eternal saw substantial net profit growth. BPCL, however, posted a considerable loss in the first quarter. Adani Green announced a moderate profit rise, and Dr Reddy's profit declined. Several…

The Economic Times

IndusInd Bank Q1 Results: Profit soars 72% YoY to Rs 1,037 crore; NII flat

IndusInd Bank reported a 72% year-on-year jump in consolidated Q1 net profit to Rs 1,037 crore, aided by lower provisions despite flat net interest income and weaker fee income. Asset quality improved, deposits grew, and capital adequacy strengthened, while advances declined as the lender prioritised portfolio quality and disciplined growth.

The Economic Times

IndusInd Bank customer loses Rs 2.3 lakh in 18 minutes to a KYC scam: Court orders refund; says banks, not customers, are responsible for unauthorised transactions

IndusInd Bank ordered to refund after customer loses Rs 2.3 lakh to a KYC scam: A Delhi consumer commission has ordered IndusInd Bank to refund Rs 84,339 to an 80-year-old Dwarka resident after finding it failed to detect or stop 17 fraudulent transactions that drained Rs 2.31 lakh from her…

The Economic Times

Q1 Results today: Eternal, Nestle, IndusInd Bank among 63 companies announcing June earnings. What to expect?

A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter results. Investors will also track BPCL, HPCL and Adani Group firms, while markets continue to react sharply to recent earnings from Bandhan Bank, TVS Motor and Bajaj Auto.

The Economic Times

Stocks in news: IndusInd Bank, Adani Green, Eternal, Maruti Suzuki, Bandhan Bank

Indian markets closed marginally higher after balancing mixed global cues and positive earnings. Adani Energy Solutions reported significant profit growth, while Adani Total Gas saw a decline. Maruti Suzuki announced a price increase, and several companies will report quarterly results soon. Bandhan Bank and Indian Hotels also posted strong first-quarter…

The Economic Times

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The Economic Times

Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updates

The Nifty Bank index rose over 400 points on Monday as gains in HDFC Bank, IndusInd Bank and ICICI Bank outweighed a sharp decline in Kotak Mahindra Bank. Investors reacted to first-quarter business updates, with HDFC Bank emerging as the top gainer after reporting healthy growth in advances and deposits.

The Economic Times

Highest 1-year FD rates: Where will Rs 5 lakh grow the most in just one year?

Seeking stable returns? Fixed deposits offer a low-risk avenue for your savings. For a Rs 5 lakh investment in a one-year FD, explore top rates from public sector banks, private banks and small finance bank.

The Economic Times

Dividends & bonus issues: LIC, Asian Paints among 35 stocks turning ex-record date this week. How many do you own?

Around 35 companies, including LIC, HUL, Asian Paints and IndusInd Bank, have fixed record dates for dividends, bonus issues and buybacks in the upcoming week. Investors must hold shares before the record date to qualify for corporate actions, though additional announcements may follow.

The Economic Times

Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?

Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, which had surged previously, saw a sharp selloff, with major players like TCS and Infosys dropping significantly. Analysts point to energy shocks and current account deficit concerns impacting market…

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The Economic Times

Nifty Bank tumbles 600 points; IndusInd Bank, Yes Bank, SBI and other stocks fall up to 3%. What lies ahead?

The Nifty Bank index plunged over 1% on Wednesday, tracking the broader market selloff, with the gauge falling 626 points to 53,089. AU Small Finance Bank and IndusInd Bank led losses, while most PSU and private lenders traded lower. Weak sentiment extended across markets as the Sensex dropped over 1,100…

The Economic Times

IndusInd Bank shares fall 3% after fresh whistleblower complaint reaches PMO, RBI

IndusInd Bank shares fell on Wednesday after a fresh whistleblower complaint was sent to the Prime Minister’s Office, RBI, and other regulatory agencies, seeking an investigation into alleged insider trading, governance lapses, and deficiencies in audit and forensic reviews.

The Economic Times

Stocks in news: ITC, Nykaa, Lenskart, Ola Electric, IndusInd Bank

Markets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downside. Several companies like ITC, Nykaa, and IndusInd Bank are in focus due to Q4 results and news developments, including Lenskart's profit decline and Dr. Reddy's new diabetes drug launch.

The Economic Times

Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed deposits

Senior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana and Utkarsh lead with 8% interest, while private banks such as Bandhan and YES Bank offer up to 7.75%. Public sector banks, including Bank of India and Standard Chartered, provide…

Dynamite News

Bull run continues: Sensex ends above 67,000-mark, Nifty at new closing peak of 19,833.15

Equity benchmark indices Sensex and Nifty continued their upward movement on Wednesday, ending at fresh record high levels, driven by foreign fund inflows and optimism in the global markets. Read further on Dynamite News:

The Times of India

Stock market investors richer by over Rs 9.76 lakh crore in five days

NEW DELHI: The five-day rally in the equity market has made investors richer by over Rs 9.76 lakh crore as the benchmark BSE sensex jumped 2,265.8 points during this period.

The Times of India

IndusInd Bank Q1 net profit rises 60% to Rs 1,631 crore on lower provisions, core income growth

MUMBAI: Private sector lender IndusInd Bank on Wednesday reported a 60 per cent rise in its first quarter consolidated net profit to Rs 1,631 crore on lower provisioning for bad assets.

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