According to the technical analyst from Anand Rathi, IndusInd Bank has managed to break out from its four-month consolidation range, and can now rally towards Rs 1,070.
Net interest income increased by 13% YoY and 5 per cent sequentially to Rs 3,985 crore
The bank's board announced a dividend of Rs 8.5 a share
Banking shares have bounced back strongly in trades on Thursday amid hopes of a peace deal between Russia and Ukraine on planned diplomatic talks.
Bharat Financial Inclusion Limited gave out micro loans without consent of customers, apparently due to a technical glitch
The bank said audit firm Deloitte has submitted its report, according to which the loans were disbursed without the consent of customers due to the 'technical glitch'
The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.
IndusInd Bank claims to be the financial creditor before the NCLT for initiation of corporate insolvency resolution process against Zee and has claimed a default of Rs 83 crore
IDFC Limited has crossed major resistance of Rs 65, which it had been struggling to conquer since late 2016
Asset quality of the lender improved on a sequential basis
The lender witnessed deterioration in its asset quality as the gross NPAs rose to 2.48% of the gross advances as of December 31, 2021 from 1.74% in December 2020
A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares
LIC is one of the biggest institutional investors in India's stock market and has a stake in a number of private and public sector banks.
According to a report, Hindujas are considering increasing their stake in IndusInd Bank after the Reserve Bank of India (RBI) eased ownership rules for the country's private sector banks