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Indusind

Indusind

IndusInd Bank Limited is a new-generation Indian bank headquartered in Pune. The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh. IndusInd Bank is the first among the new-generation private banks in India.

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IndusInd Bank Q4 profit up 3 times at Rs 926 crore as provisions dip
Business

IndusInd Bank Q4 profit up 3 times at Rs 926 crore as provisions dip

Private sector lender IndusInd Bank has reported three-fold jump in its consolidated net profit for the January to March quarter (Q4 FY21) at Rs 926 crore as compared to Rs 315 crore in Q4 FY20.

Equity indices erase early gains, metals outshine
Maharashtra

Equity indices erase early gains, metals outshine

Equity benchmark indices wiped out early gains but closed in the green on Thursday with metal stocks witnessing handsome gains.

Moody's affirms IndusInd Bank's ratings, revises outlook to stable
Business

Moody's affirms IndusInd Bank's ratings, revises outlook to stable

Moody's Investors Service has affirmed long-term local and foreign currency deposit ratings of IndusInd Bank at Ba1.

Kinara Capital secures USD 10 million from IndusInd Bank with 100 percent guaranty from U.S. International Development Finance Corporation (DFC)
Business

Kinara Capital secures USD 10 million from IndusInd Bank with 100 percent guaranty from U.S. International Development Finance Corporation (DFC)

Kinara Capital, a socially responsible fintech, today announced securing USD USD 10 million (INR 74 crores) from IndusInd Bank with a 100 per cent guaranty from the U.S. International Development Finance Corporation (DFC). This is a part of a debt and equity round of INR 100 crores, with equity contribution coming from Kinara's existing investors - Gaja Capital, GAWA Capital, Michael and Susan Dell Foundation (MSDF) and Patamar Capital.

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