Indusind Bank Ltd

IndusInd Bank today announced that it has introduced 'INDIE for Business', a comprehensive digital banking platform designed to transform how the micro, small, and medium enterprises (MSMEs) manage their finances. Crafted for business owners who seek a seamless and intuitive experience, the platform offers a unified interface that brings together all banking needs - across payments, loans, collections, and account insights - into a single platform. INDIE for Business empowers entrepreneurs with greater control, efficiency, and transparency, helping them focus on growing their enterprise while this digital platform takes care of their financial operations. The platform is accessible via mobile application (android & iOS) and web browser. Through INDIE for Business, IndusInd Bank aims to reach over 60 million enterprises within India's MSME segment, offering a powerful suite of features tailored to their evolving needs. The platform incorporates several industry-first features, such as a 360' view of all business accounts, real-time tracking of loan balances, EMIs and due dates, digital self-onboarding, along with seamless profile switching for entrepreneurs managing multiple entities. Businesses can also make bulk payments for salaries and vendors, pay GST, income tax, and customs duties directly from the platform, and authorize transactions on-the-go using a digital approval workflow with role-based access for sub-users like accountants or finance staff, providing added operational flexibility while upholding a secure and structured framework.Powered by Capital Market - Live

IndusInd Bank has expanded its exclusive PIONEER branch network with the launch of five new branches across Delhi-NCR, Kochi, Surat and Goa, taking the total count to 15 PIONEER branches across key locations. This expansion is a strategic step towards scaling the Bank's affluent banking and wealth management franchise, offering high-net-worth individuals (HNIs) and ultra-HNIs a curated, high-touch banking experience supported by a seamless blend of personalized service and digital convenience. At the heart of the PIONEER proposition is the Client Ownership Model, where each client is served by a dedicated duo - a Relationship Manager and a Service Relationship Manager, trained to manage every aspect of the client's banking journey. This relationship-led approach is backed by over 900 certified RMs, 150+ SRMs (Service RMs), and 100+ domain specialists, ensuring both personalized attention and domain expertise. Clients also benefit from INDIE, the Bank's digital platform that enables one-touch access to their relationship team, real-time event-based updates, and seamless service requests such as doorstep banking, locker bookings, or card upgrades.Powered by Capital Market - Live

The upgrade note highlighted a string of positives: the board's renewed push for better governance, the ongoing hunt for new leadership, and a focused plan to start FY26F on a clean slate. Adding to the optimism, recent Reserve Bank of India (RBI) remarks recognizing the bank's clean-up efforts have offered a layer of regulatory reassurance. The brokerage also flagged that an RBI nod allowing promoters to raise their stake could further calm investor nerves. IndusInd Bank has had its fair share of turbulence in recent months, battling governance lapses and accounting issues. But it has been in damage control mode -- cleaning up its books and making one-time provisions to close legacy chapters. On the numbers front, the brokerage has raised its FY27-28F EPS estimates by 14-16%, citing stronger net interest income (NII) and lower credit costs. It expects RoA to climb to 0.8-1.1% and RoE to 7-10% over FY26-28F, a profitability outlook it says is more promising than peers like SBI and BoB. Key risks flagged by the brokerage include the potential discovery of more discrepancies in the bank's books and delays in finalizing new leadership. These could weigh on investor sentiment and stall the bank's turnaround momentum. IndusInd Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans. The bank reported a standalone net loss of Rs 2,235.99 crore in Q4 FY25 as against a net profit of Rs 2,346.84 crore posted in Q4 FY24. Total income declined 22.83% year on year to Rs 11,342.65 crore in Q4 March 2025. Powered by Capital Market - Live

IndusInd Bank has signed a Memorandum of Understanding (MoU) with the Enterprise Incubation Centre at Indian Institute of Management Lucknow (IIML-EIC) to empower startups through a combination of customized financial and innovation-led support solutions. The MoU is a significant step towards encouraging a robust 'banking and beyond banking' ecosystem, promoting innovation and sustainable growth for startups across sectors and stages. It reflects IndusInd Bank's ongoing commitment to bolster the startup ecosystem and support their growing contribution to the Indian economy. The MoU aims to support Indian startups across various stages and sectors by providing access to customized banking solutions, including cash management services, working capital support, and credit facilities'enabling them to manage their financial operations with greater efficiency. In addition, startups will gain exclusive access to IndusInd Bank's extensive network and strategic ecosystem partnerships, helping them enhance visibility, attract investments, and concentrate on innovation and scalable growth. As part of the collaboration, IndusInd Bank will conduct a series of workshops and knowledge sessions to build startup capabilities across key financial areas. These sessions will cover Basics of banking, Equity infusion, ESOP implications, Segment-based funding etc. Additionally, the Bank will offer operational support such as payroll and attendance management solutions to start ups as a part of the MoU. The Bank will also facilitate co-sponsorship opportunities for startup-focused seminars and conclaves organized by IIML-EIC. The incubation centre will play a facilitative role by connecting startups to the Bank, sharing relevant details, and helping bridge access to the full range of services.Powered by Capital Market - Live

IndusInd Bank Ltd is up for a third straight session today. The stock is quoting at Rs 848.7, up 1.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 25133.1. The Sensex is at 82476.63, up 0.04%. IndusInd Bank Ltd has gained around 7.63% in last one month. Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has gained around 2.32% in last one month and is currently quoting at 56839.6, down 0.3% on the day. The volume in the stock stood at 73.09 lakh shares today, compared to the daily average of 100.79 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 848.1, up 1.25% on the day. IndusInd Bank Ltd is down 42.7% in last one year as compared to a 8.03% jump in NIFTY and a 14.01% jump in the Nifty Bank index.The PE of the stock is 24.66 based on TTM earnings ending March 25.Powered by Capital Market - Live

In the the post-monetary policy press conference today, RBI Deputy Governor J Swaminathan and Governor Sanjay Malhotra noted that the bank has taken corrective steps, including leadership changes, and that the situation should stabilize soon. IndusInd Bank had earlier reported a Rs 1979 crore impact from misaccounted internal derivative trades and reversed Rs 674 crore in misreported microfinance interest. With the resignation of CEO Sumant Kathpalia and his deputy, the RBI believes the matter is largely under control. IndusInd Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans. IndusInd Bank reported a standalone net loss of Rs 2,235.99 crore in Q4 FY25 as against a net profit of Rs 2,346.84 crore posted in Q4 FY24. Total income declined 22.83% year on year to Rs 11,342.65 crore in Q4 March 2025. Powered by Capital Market - Live

IndusInd Bank has allotted 1,400 equity shares under ESOS on 02 June 2025. The Paid up Share Capital of the Bank has accordingly increased from. Rs. 7,790,544,720 (779,054,472 equity shares of Rs.10/- each) to Rs. 7,790,558,720 (779,055,872 equity shares of Rs.10/-each). Powered by Capital Market - Live

IndusInd Bank received credit ratings from CRISIL as under: Infrastructure Bonds (Rs 1500 crore) - CRISIL AA+ (continues on rating watch Negative) Basel III compliant Tier 2 Bonds (Rs 4000 crore) - CRISIL AA+ (continues on rating watch Negative) Short Term Fixed Deposit Programme - CRISIL A1+ (reaffirmed) Certificate of Deposits (Rs 40000 crore) - CRISIL A1+ (reaffirmed) Powered by Capital Market - Live

The regulator found that these individuals sold shares while in possession of unpublished price sensitive information (UPSI), thereby avoiding losses estimated at approximately Rs 19.78 crore. The case pertains to discrepancies in IndusInd Bank's derivative portfolio that came to light internally in late 2023, following a revised RBI directive on derivative accounting. According to SEBI, internal communications indicated that by December 2023, the bank had estimated a potential adverse financial impact of Rs 1,572 crore, or 2.35% of its net worth. However, this information was not disclosed to the stock exchanges until 10 March 2025. Following the delayed disclosure, IndusInd Bank's share price crashed 27% on 11 March 2025, to its lowest level since November 2020. SEBI's preliminary findings revealed that Kathpalia and Deputy CEO Arun Khurana, along with three other senior executives, sold substantial quantities of shares just prior to the public announcement. Kathpalia sold 1.25 lakh shares, while Khurana sold over 3.48 lakh shares. None of these trades were reported as part of a pre-approved trading plan. SEBI has frozen the bank and demat accounts of the individuals to the extent of the gains made and has prohibited them from trading in securities until further notice. The accused have also been instructed to submit detailed financial and asset disclosures within 15 days. The investigation is ongoing, with SEBI continuing to examine potential disclosure violations and the involvement of additional individuals. The regulator emphasized that these interim measures are aimed at preserving market integrity and investor confidence. IndusInd Bank reported a standalone net loss of Rs 2,235.99 crore in Q4 FY25 as against a net profit of Rs 2,346.84 crore posted in Q4 FY24. Total income declined 22.83% year on year to Rs 11,342.65 crore in Q4 March 2025. Shares of IndusInd Bank rose 2.41% to settle at Rs 824.15 on the BSE. Powered by Capital Market - Live

The Nifty May 2025 futures closed at 24,665.10, a premium of 55.40 points compared with the Nifty's closing 24,609.70 in the cash market. In the cash market, the Nifty50 jumped 203.75 points or 0.82% to 24,609.70. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, down 1.65% to 17.26. IndusInd Bank, Bombay Stock Exchange (BSE) and Reliance Industries were the top traded individual stock futures contracts in F&O segment of NSE. The May 2025 F&O contracts will expire on 29 May 2025.Powered by Capital Market - Live