Company Profile

IndusInd Bank has inaugurated a branch at Dehradun. The new branch is located at the Jakhan Rajpur Road area of the city. The branch houses an ATM that will be available 24X7. With this, the bank now has a wide network of 16 branches across the state of Uttarakhand.

The new branch will provide services like Saving & Current accounts, Loan products, Wealth management services and Credit cards. Additionally, it will also offer customers with innovative facilities like 'Video Branch', 'My Account, My Number', 'Choice Money ATM', 'Direct Connect', 'Check on Cheque', 'Cash on Mobile' as well as 'Finger Print' banking.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

IndusInd Bank is currently trading at Rs. 1282.15, up by 10.10 points or 0.79% from its previous closing of Rs. 1272.05 on the BSE.

The scrip opened at Rs. 1270.00 and has touched a high and low of Rs. 1284.90 and Rs. 1265.80 respectively. So far 66499 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1835.00 on 28-Mar-2019 and a 52 week low of Rs. 1192.00 on 11-Oct-2019.

Last one week high and low of the scrip stood at Rs. 1320.50 and Rs. 1192.00 respectively. The current market cap of the company is Rs. 88701.79 crore.

The promoters holding in the company stood at 16.78%, while Institutions and Non-Institutions held 62.32% and 20.89% respectively.

IndusInd Bank has inaugurated a branch at Dehradun. The new branch is located at the Jakhan Rajpur Road area of the city. The branch houses an ATM that will be available 24X7. With this, the bank now has a wide network of 16 branches across the state of Uttarakhand.

The new branch will provide services like Saving & Current accounts, Loan products, Wealth management services and Credit cards. Additionally, it will also offer customers with innovative facilities like 'Video Branch', 'My Account, My Number', 'Choice Money ATM', 'Direct Connect', 'Check on Cheque', 'Cash on Mobile' as well as 'Finger Print' banking.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

IndusInd Bank has reported results for second quarter ended September 30, 2019.

The Bank has reported 50.33% rise in its net profit at Rs 1383.37 crore for the quarter under review as compared to Rs 920.25 crore for the same quarter in the previous year. Total income of the Bank increased by 31.41% at Rs 8877.02 crore for Q2FY20 as compared Rs 6755.37 crore for the corresponding quarter previous year.

On the consolidated basis, the Bank has reported 52.22% rise in its net profit at Rs 1400.96 crore for the quarter under review as compared to Rs 920.34 crore for the same quarter in the previous year. Total income of the Bank increased by 31.41% at Rs 8877.53 crore for Q2FY20 as compared Rs 6755.37 crore for the corresponding quarter previous year.

Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indusind Bank has informed about the loss/ misplacement of Share Certificate(s), as received from Link Intime India, the Registrar & Share Transfer Agents of Bank. The Duplicate Share Certificate will be issued only after receipt of all necessary documents from the Shareholders. The Company has informed to all Broker Members not to deal in the aforesaid share certificates in any manner.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of Listing Regulations, Indusind Bank has informed about Schedule of Institutional Investor(s)/ Analysts meeting(s)/ call(s) held on September 12, 2019 in Mumbai and Hong Kong. In compliance with the Regulation 46, the information is being hosted on the Banks website at www.indusind.com.

The above information is a part of company’s filings submitted to BSE.