Axis Bank and IndusInd Bank aim to raise Rs 4,000 crore

MUMBAI: Axis Bank is planning to use a window ahead of the RBI’s monetary policy next month to raise around Rs 4,000 crore in perpetual bonds and infrastructure bonds, indicating a reversal of the ultra-loose policy. Maybe, said three people familiar with the matter. Axis Bank aims to raise around Rs 2,000 crore through Additional … Read more

Axis Bank and IndusInd Bank aim to raise Rs 4,000 crore

MUMBAI: Axis Bank is planning to use a window ahead of the RBI’s monetary policy next month to raise around Rs 4,000 crore in perpetual bonds and infrastructure bonds, indicating a reversal of the ultra-loose policy. Maybe, said three people familiar with the matter. Axis Bank aims to raise around Rs 2,000 crore through Additional … Read more

IndusInd Bank whistleblower case: Stock plunges 12%, but analysts puzzled

New Delhi: Shares fell over 12 per cent in Monday’s trade after an ET report in which several people, including a group of senior employees of IndusInd Bank branch, Bharat Financial Inclusion (BFIL), cautioned the RBI and the board. did. Regarding default in governance of private sector lender. Analysts, however, are satisfied with the management … Read more

Buy IndusInd Bank with a target price of Rs 1420: ICICI Securities

ICICI Securities Ltd. Buy Buy with a target price of Rs 1420. IndusInd Bank Ltd. . The current market price of Rs.1059.9 is Rs. The time period of which IndusInd Bank Ltd. can reach its target is one year. IndusInd Bank Limited, incorporated in the year 1994, is a Banking company (having a market cap … Read more

Technical glitch behind loan disbursement without customer’s consent: IndusInd Bank

Admitted on Saturday its micro-finance arm granted nearly 84,000 loans “without customers’ consent” due to a “technical glitch” in May 21, but denied the whistleblower’s allegations of “always greening” – with new loans A trick to mask the omission. An independent review has been initiated by IndusInd, “to see whether there is any process lapse … Read more