 
                  
IndusInd Bank promoters got nod to raise their stakes in the bank said CEO Sumant Kathpalia
The CEO of IndusInd Bank recently made an announcement that the bank's promoters will be allowed to grow their stake in the company.
Stay updated with the latest news and articles about IndusInd bank.
 
                  
The CEO of IndusInd Bank recently made an announcement that the bank's promoters will be allowed to grow their stake in the company.
 
                  
IndusInd Bank Limited said today that its net profit for the fourth quarter ended March 31, 2023 was Rs 2,043 crore.
 
                  
Top stocks to watch today are HDFC Bank, M&M Finance, Marico, Cyient, IndusInd Bank, Bandhan Bank, besides others.
 
                  
Today's stock to watch: Vedanta Metals and Mining would pay Rs 1,440 crore for the debt-ridden power facility Meenakshi Energy.
 
                  
 
                  
In comparison to 2.77 percent on September 30, 2021, the GNPA was at 2.11 percent of gross advances as of September 30, 2022.
 
                  
As companies release their September quarter profits today, attention will be focused on Bajaj Finance, Asian Paints, Axis Bank, Canara Bank, Colgate Palmolive, ITC, Tata Consumer, Mphasis, Coforge, and the Central Bank of India.
 
                  
Stocks to keep an eye on today: Friday's trading will centre on shares of companies like Adani Ports, IndusInd Bank, PVR, Tata Power, and others.
 
                  
Banks increase the interest rates on fixed deposits for senior citizens by 30–40 basis points. Depending on the deposit amount and maturity duration, this premium can occasionally be considerably greater.
 
                  
 
                  
The bank posted a gross NPA of 2.27% & a net NPA of 0.64% in Q4.
 
                  
As of December 31, IndusInd Bank's net lending was Rs 2.28 lakh crore, up 10% over the year.
 
                  
 
                  
Previously, Kamal Batra was IndusInd Bank’s Executive Vice-President and Head of SME lending vertical.
 
                  
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