68 percent of the paid up share capital of the bank

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canada goose coats Jul 08, 2020 09:28 AM IST IndusInd Bank shares surge 9% on talks of Route One increasing stake US based hedge fund Route One Investment Company had initiated talks to increase its stake in the Hinduja Group backed lender, which is exploring multiple options to strengthen its Balance Sheet and raise capital, sources told Moneycontrol.Jul 07, 2020 10:26 PM IST Exclusive Hedge fund Route One Investment in talks to raise stake in IndusInd Bank A few other investors may also join Route One and participate in what could potentially be a wider fundraising round through the preferential allotment routeJul 01, 2020 01:41 PM IST Should investors be concerned about the feud among Hinduja Brothers? The feud between the four brothers stems from a letter they signed in 2014 which penned the long followed family ideology Everything belongs to everyone and nothing belongs to anyoneJun 23, 2020 07:52 PM IST Quant Pick IndusInd Bank: ICICI Direct According to ICICI Direct, The banking space has taken the lead in the recent up move of the market.Jun 16, 2020 04:15 PM IST Maruti Suzuki partners IndusInd Bank for vehicle financing In the wake of the current COVID 19 pandemic scenario, IndusInd Bank has offered a variety of finance options including low EMI scheme, step up and balloon payment options and funding 100 per cent on road price for the vehicles.Jun 11, 2020 06:15 PM IST Why the Hindujas’ demand to raise stake in IndusInd Bank will cut no ice with RBI despite Kotak truce The settlement of the dispute between Kotak Mahindra Bank and RBI over promoter shareholding limit has put the spotlight on such large shareholders of other private lenders, especially the Hindujas of IndusInd BankJun 11, 2020 11:14 AM IST IndusInd Bank shares close 4% higher, extend gains into 5th consecutive session Promoters Hinduja Group have applied to the RBI to raise their stake in the bank to 26 percent from 14.68 percent.Jun 10, 2020 05:19 PM IST IndusInd Bank gains for fourth straight day, comes close to 3 month high In the last four trading sessions, the stock has risen almost 21 percent. Experts attributed the rise to bottom fishing and technical factors.Jun 09, 2020 12:21 PM IST IndusInd Bank shares rally 12% in 2 days on promoter stake purchase buzz The promoters, IndusInd International Holdings Ltd. And IndusInd Ltd., presently hold 14.68 percent of the paid up share capital of the bank.Jun 08, 2020 10:05 AM IST IndusInd Bank promoters to buy additional shares; share price jumps 7% The promoters will now purchase additional shares from the open market within the overall regulatory limit prescribed for promoter equity holding cap, the bank said citing the communication received from promoters.Jun 08, 2020 07:11 AM IST IndusInd Bank promoters to pick up additional shares from open market The promoters, IndusInd International Holdings Ltd. canada goose coats

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canada goose black friday sale Eloy Jimenez won’t be on the White Sox roster on Opening Daybecause of service time considerations. That’s a shame. He’s ready to be a star in the major leagues right now. “City Union Bank (CUB) has achieved an impressive growth in gross profit by 32 percent from Rs 207 crore to Rs 274 crore. This is driven by consistent growth in net interest income over the last 3 5 quarters,” N Kamakodi, Managing Director and Chief Executive Officer, CUB said.The bank said it increased provisioning for bad loans and contingencies by 56.62 percent to Rs 146.96 crore for the October December period of 2016 17, as against Rs 93.83 crore year ago.The bank restricted its bad loans at 2.98 percent of the gross advances for the quarter as compared to 2.37 percent a year ago. Also, net advances were 1.72 percent of the net loans disbursed during the quarter, up 1.49 percent in the year ago period.In value terms, gross NPAs stood at Rs 649.93 crore as against Rs 459.86 crore canada goose black friday sale.

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