IndusInd Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

Securities in F&O ban:

IndusInd Bank shares are banned from F&O trading on 25th March 2025.

Stocks to Watch:

HCL Technologies has announced a strategic partnership with Western Union to drive innovation and transformation in the financial services industry. Both companies will establish an advanced technology center in Hyderabad, India, which will further enhance Western Union's global technology capabilities and create new opportunities for innovation and talent development.

Rail Vikas Nigam (RVNL) emerged as lowest bidder for a Central Railway project worth Rs 115.79 crore. The project involves OHE modification work for the upgradation of the existing 1x25 KV electric traction system to 2x25 KV at the feeding system in the Itarsi-Amla section in the Nagpur division of Central Railway to meet the 3000 MT loading target.

Garden Reach Shipbuilders & Engineers (GRSE) signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany for the construction and delivery of 7th & 8th multi-purpose vessel (MPV) of 7,500 DWT, in Hamburg, Germany. This contract is in line with the ?Option Agreement? signed between both the parties, for procurement of four additional MPVs from GRSE.

Brigade Enterprises acquired a 4.4-acre land parcel in East Bengaluru for the development of a residential project with a total development potential of 0.6 million square feet and a gross development value of approximately Rs 950 crore.

Sterling & Wilson Renewable Energy appointed Ajit Pratap Singh as the chief financial officer(CFO), effective March 24. Further, Sandeep Mathew has ceased to be the interim CFO of the company and will continue with his role as Head of Investor Relations.

Hyundai Motor India?s board approved an investment of upto Rs 694 crore for establishing and operating a tooling centre in India.

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The independent professional firm will also assess the correctness and impact of the accounting treatment of the derivative contracts with regard to the prevailing accounting standards/ Guidance, identify any lapses and establish accountability in relation to the discrepancies identified in the bank?s derivative portfolio.

On March 10, the private bank had made a public disclosure, informing about certain discrepancies identified by the bank, in its account balances relating to its derivative portfolio.

The discrepancies observed were a part of the ongoing review by an external agency.

The bank estimates a potential adverse impact of approximately 2.35% of its net worth as of December 2024. The bank plans to absorb this impact in its Q4 FY25 or Q1 FY26 earnings.

The bank further stated that once the review is completed, it will appropriately reflect any resultant impact in its financial statements.

IndusInd Bank caters to both consumer and corporate customers. As of 31 December 2024, the bank?s distribution network included 3,063 branches/banking outlets and 2,993 onsite and offsite ATMs, as against 2,728 branches/banking outlets and 2,939 onsite and offsite ATMs as of 31 December 2023. The client base stood at 42 million as on 31 December 2024.

The private lender's standalone net profit tumbled 39.01% to Rs 1,401.28 crore while total income grew by 8.46% to Rs 15,151.01 crore in Q3 December 2024 over Q3 December 2023.

The scrip was down 0.53% to currently trade at Rs 682.15 on the BSE.

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IndusInd Bank announced that Moody's Investors Service have reaffirmed the credit rating on the Bank as mentioned below:

Moody's has placed IndusInd's Ba1 Baseline Credit Assessment (BCA) and adjusted BCA under review for downgrade.

Powered by Capital Market - Live News

The independent professional firm will also assess the correctness and impact of the accounting treatment of the derivative contracts with regard to the prevailing accounting standards/ Guidance, identify any lapses and establish accountability in relation to the discrepancies identified in the bank?s derivative portfolio.

On March 10, the private bank had made a public disclosure, informing about certain discrepancies identified by the bank, in its account balances relating to its derivative portfolio.

The discrepancies observed were a part of the ongoing review by an external agency.

The bank estimates a potential adverse impact of approximately 2.35% of its net worth as of December 2024. The bank plans to absorb this impact in its Q4 FY25 or Q1 FY26 earnings.

The bank further stated that once the review is completed, it will appropriately reflect any resultant impact in its financial statements.

IndusInd Bank caters to both consumer and corporate customers. As of 31 December 2024, the bank?s distribution network included 3,063 branches/banking outlets and 2,993 onsite and offsite ATMs, as against 2,728 branches/banking outlets and 2,939 onsite and offsite ATMs as of 31 December 2023. The client base stood at 42 million as on 31 December 2024.

The private lender's standalone net profit tumbled 39.01% to Rs 1,401.28 crore while total income grew by 8.46% to Rs 15,151.01 crore in Q3 December 2024 over Q3 December 2023.

The scrip was down 0.53% to currently trade at Rs 682.15 on the BSE.

Powered by Capital Market - Live News

IndusInd Bank announced that Moody's Investors Service have reaffirmed the credit rating on the Bank as mentioned below:

Moody's has placed IndusInd's Ba1 Baseline Credit Assessment (BCA) and adjusted BCA under review for downgrade.

Powered by Capital Market - Live News

The RBI's statement, addressing recent market concern, affirmed that IndusInd Bank is well-capitalised and maintains a satisfactory financial position.

The central bank highlighted key financial metrics, citing the bank's auditor-reviewed results for the quarter ended December 31, 2024. These results revealed a Capital Adequacy Ratio (CAR) of 16.46% and a Provision Coverage Ratio (PCR) of 70.20%. Further, the bank's Liquidity Coverage Ratio (LCR) stood at 113% as of 9 March 2025, comfortably exceeding the regulatory requirement of 100%. ?

The RBI also addressed the speculation directly, emphasizing that there is no need for depositors to react to the speculative reports at this juncture. The statement confirmed that IndusInd Bank has engaged an external audit team to conduct a comprehensive review of its current systems, aiming to assess and account for any potential impact expeditiously. The RBI has directed the bank's board and management to complete the remedial actions within the current quarter (Q4FY25) and to make necessary disclosures to all stakeholders. ?

The RBI's intervention and clarification have effectively quelled market concerns, leading to the positive market reaction and a boost in investor confidence.

The central bank reassured that IndusInd Bank's financial health remains stable and is being closely monitored. ?

This positive market reaction followed a period of concern triggered by IndusInd Bank's disclosure of discrepancies in its derivative portfolio, identified during an internal review prompted by the RBI's new Master Direction on investment portfolios. The bank estimates a potential adverse impact of approximately 2.35% of its net worth as of December 2024, reportedly amounting to Rs 1,600 crore. The bank plans to absorb this impact in its Q4 FY25 or Q1 FY26 earnings.

Following the bank's disclosure on 10 March 2025, the IndusInd stock crashed 27.16% in a single day on 11 March 2025.

To ensure transparency, IndusInd Bank has engaged an independent external agency for review and validation of its internal findings. The bank has emphasized that its profitability and capital adequacy remain robust enough to absorb this one-time impact.

IndusInd Bank caters to both consumer and corporate customers. As of 31 December 2024, the bank?s distribution network included 3,063 branches/banking outlets and 2,993 onsite and offsite ATMs, as against 2,728 branches/banking outlets and 2,939 onsite and offsite ATMs as of 31 December 2023. The client base stood at 42 million as on 31 December 2024.

The private lender's standalone net profit tumbled 39.01% to Rs 1,401.28 crore while total income grew by 8.46% to Rs 15,151.01 crore in Q3 December 2024 over Q3 December 2023.

Powered by Capital Market - Live News

Securities in F&O ban:

IndusInd Bank shares are banned from F&O trading on 25th March 2025.

Stocks to Watch:

HCL Technologies has announced a strategic partnership with Western Union to drive innovation and transformation in the financial services industry. Both companies will establish an advanced technology center in Hyderabad, India, which will further enhance Western Union's global technology capabilities and create new opportunities for innovation and talent development.

Rail Vikas Nigam (RVNL) emerged as lowest bidder for a Central Railway project worth Rs 115.79 crore. The project involves OHE modification work for the upgradation of the existing 1x25 KV electric traction system to 2x25 KV at the feeding system in the Itarsi-Amla section in the Nagpur division of Central Railway to meet the 3000 MT loading target.

Garden Reach Shipbuilders & Engineers (GRSE) signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany for the construction and delivery of 7th & 8th multi-purpose vessel (MPV) of 7,500 DWT, in Hamburg, Germany. This contract is in line with the ?Option Agreement? signed between both the parties, for procurement of four additional MPVs from GRSE.

Brigade Enterprises acquired a 4.4-acre land parcel in East Bengaluru for the development of a residential project with a total development potential of 0.6 million square feet and a gross development value of approximately Rs 950 crore.

Sterling & Wilson Renewable Energy appointed Ajit Pratap Singh as the chief financial officer(CFO), effective March 24. Further, Sandeep Mathew has ceased to be the interim CFO of the company and will continue with his role as Head of Investor Relations.

Hyundai Motor India?s board approved an investment of upto Rs 694 crore for establishing and operating a tooling centre in India.

Powered by Capital Market - Live News

The independent professional firm will also assess the correctness and impact of the accounting treatment of the derivative contracts with regard to the prevailing accounting standards/ Guidance, identify any lapses and establish accountability in relation to the discrepancies identified in the bank?s derivative portfolio.

On March 10, the private bank had made a public disclosure, informing about certain discrepancies identified by the bank, in its account balances relating to its derivative portfolio.

The discrepancies observed were a part of the ongoing review by an external agency.

The bank estimates a potential adverse impact of approximately 2.35% of its net worth as of December 2024. The bank plans to absorb this impact in its Q4 FY25 or Q1 FY26 earnings.

The bank further stated that once the review is completed, it will appropriately reflect any resultant impact in its financial statements.

IndusInd Bank caters to both consumer and corporate customers. As of 31 December 2024, the bank?s distribution network included 3,063 branches/banking outlets and 2,993 onsite and offsite ATMs, as against 2,728 branches/banking outlets and 2,939 onsite and offsite ATMs as of 31 December 2023. The client base stood at 42 million as on 31 December 2024.

The private lender's standalone net profit tumbled 39.01% to Rs 1,401.28 crore while total income grew by 8.46% to Rs 15,151.01 crore in Q3 December 2024 over Q3 December 2023.

The scrip was down 0.53% to currently trade at Rs 682.15 on the BSE.

Powered by Capital Market - Live News

IndusInd Bank announced that Moody's Investors Service have reaffirmed the credit rating on the Bank as mentioned below:

Moody's has placed IndusInd's Ba1 Baseline Credit Assessment (BCA) and adjusted BCA under review for downgrade.

Powered by Capital Market - Live News

The independent professional firm will also assess the correctness and impact of the accounting treatment of the derivative contracts with regard to the prevailing accounting standards/ Guidance, identify any lapses and establish accountability in relation to the discrepancies identified in the bank?s derivative portfolio.

On March 10, the private bank had made a public disclosure, informing about certain discrepancies identified by the bank, in its account balances relating to its derivative portfolio.

The discrepancies observed were a part of the ongoing review by an external agency.

The bank estimates a potential adverse impact of approximately 2.35% of its net worth as of December 2024. The bank plans to absorb this impact in its Q4 FY25 or Q1 FY26 earnings.

The bank further stated that once the review is completed, it will appropriately reflect any resultant impact in its financial statements.

IndusInd Bank caters to both consumer and corporate customers. As of 31 December 2024, the bank?s distribution network included 3,063 branches/banking outlets and 2,993 onsite and offsite ATMs, as against 2,728 branches/banking outlets and 2,939 onsite and offsite ATMs as of 31 December 2023. The client base stood at 42 million as on 31 December 2024.

The private lender's standalone net profit tumbled 39.01% to Rs 1,401.28 crore while total income grew by 8.46% to Rs 15,151.01 crore in Q3 December 2024 over Q3 December 2023.

The scrip was down 0.53% to currently trade at Rs 682.15 on the BSE.

Powered by Capital Market - Live News

IndusInd Bank announced that Moody's Investors Service have reaffirmed the credit rating on the Bank as mentioned below:

Moody's has placed IndusInd's Ba1 Baseline Credit Assessment (BCA) and adjusted BCA under review for downgrade.

Powered by Capital Market - Live News

The RBI's statement, addressing recent market concern, affirmed that IndusInd Bank is well-capitalised and maintains a satisfactory financial position.

The central bank highlighted key financial metrics, citing the bank's auditor-reviewed results for the quarter ended December 31, 2024. These results revealed a Capital Adequacy Ratio (CAR) of 16.46% and a Provision Coverage Ratio (PCR) of 70.20%. Further, the bank's Liquidity Coverage Ratio (LCR) stood at 113% as of 9 March 2025, comfortably exceeding the regulatory requirement of 100%. ?

The RBI also addressed the speculation directly, emphasizing that there is no need for depositors to react to the speculative reports at this juncture. The statement confirmed that IndusInd Bank has engaged an external audit team to conduct a comprehensive review of its current systems, aiming to assess and account for any potential impact expeditiously. The RBI has directed the bank's board and management to complete the remedial actions within the current quarter (Q4FY25) and to make necessary disclosures to all stakeholders. ?

The RBI's intervention and clarification have effectively quelled market concerns, leading to the positive market reaction and a boost in investor confidence.

The central bank reassured that IndusInd Bank's financial health remains stable and is being closely monitored. ?

This positive market reaction followed a period of concern triggered by IndusInd Bank's disclosure of discrepancies in its derivative portfolio, identified during an internal review prompted by the RBI's new Master Direction on investment portfolios. The bank estimates a potential adverse impact of approximately 2.35% of its net worth as of December 2024, reportedly amounting to Rs 1,600 crore. The bank plans to absorb this impact in its Q4 FY25 or Q1 FY26 earnings.

Following the bank's disclosure on 10 March 2025, the IndusInd stock crashed 27.16% in a single day on 11 March 2025.

To ensure transparency, IndusInd Bank has engaged an independent external agency for review and validation of its internal findings. The bank has emphasized that its profitability and capital adequacy remain robust enough to absorb this one-time impact.

IndusInd Bank caters to both consumer and corporate customers. As of 31 December 2024, the bank?s distribution network included 3,063 branches/banking outlets and 2,993 onsite and offsite ATMs, as against 2,728 branches/banking outlets and 2,939 onsite and offsite ATMs as of 31 December 2023. The client base stood at 42 million as on 31 December 2024.

The private lender's standalone net profit tumbled 39.01% to Rs 1,401.28 crore while total income grew by 8.46% to Rs 15,151.01 crore in Q3 December 2024 over Q3 December 2023.

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