IndusInd Bank shares crash 19% on weak Q2; analysts cut target price
Brokerages have mostly maintained ‘BUY’ call on IndusInd Bank, but slashed target price to up to ₹1,290 per share.
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YES Bank's Q3 net profit surges to ₹231 cr; here’s how stock reacts
The Q3 profit grew multi-fold from ₹51 crore in the year ago period, aided by sharp decline in provisions, credit growth, and higher income.
Kotak Mahindra Bank Q3 results: Profit rises 7% to ₹4,265 cr; asset quality improves
Reacting to Q3 numbers, shares of Kotak Mahindra Bank rose as much as 3.6% to ₹1,829.50 crore, while m-cap increased to ₹3.6 lakh crore.
Kotak Mahindra Bank appoints Ashok Vaswani as MD & CEO; stock falls 3% post Q2
Kotak Mahindra Bank has reported 24% YoY rise in net profit at ₹3,191 crore for Q2 FY24, driven by improvement in net interest income and lower bad loans.
IndusInd Bank shares rise as SBI MF to buy 9.9% stake
The RBI on October 11 gave approval to SBI Mutual Fund to acquire 9.99% of the paid-up share capital in IndusInd Bank.
HDFC AMC gets RBI nod to buy stake in Karur Vysya Bank, DCB Bank; stocks rise up to 4%
HDFC AMC has received the RBI approval to acquire up to 9.5% stake each in Karur Vysya Bank and DCB Bank
After Adani and JSW Steel, GQG Partners acquires stake in IDFC First Bank
The Rajiv Jain-led investment firm picked up 2.58% shares in IDFC First Bank at ₹89 apiece via bulk deals, amounting to ₹1,527 crore.
RBL Bank shares hit 52-week high on report of stake buying by Mahindra
RBL Bank share price has zoomed 165% in one year, from its 52-week low of ₹91.10 on July 29, 2023.
IndusInd Bank shares jump 4% on robust Q1; analysts see up to 22% upside
IndusInd Bank reported 32% YoY rise in net profit in Q1 FY24, driven by strong net interest income (NII) and dip in provisions.
Utkarsh Small Finance Bank IPO opens today: here’s all you need to know
The Varanasi-based small finance bank has set the price band at ₹23-25 per share and plans to raise ₹500 crore at the upper end of the issue price.
