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IndusInd Bank: closing-price gap between NSE and BSE as large as it hasn't been in decades
Shares of IndusInd Bank closed at 1,002.9 rupees on the NSE after the 20‑minute closing auction, but at 970 rupees on the BSE — a difference of almost 33 rupees, the largest gap in more than two decades. Other banks such as AU Small Finance Bank, IDFC First Bank and Federal Bank also showed large discrepancies, partly driven by low liquidity on the monthly index options expiry day. Observers and market participants blame the closing auction system introduced in August, saying it hinders arbitrage and increases market volatility. The regulator has already taken action and imposed trading restrictions on involved parties while allegations of manipulation are being investigated. » More on de.investing.com
IndusInd Bank submits three veteran bankers for CEO approval to RBI
IndusInd Bank has shortlisted Rajiv Anand, Rahul Shukla, and Anup Saha as candidates for its CEO position and submitted their names to the Reserve Bank of India for approval. The move follows the resignation of the previous CEO and deputy after financial misaccounting issues. The new CEO is expected to serve a three-year term, with Rajiv Anand given top priority by the board. » More on livemint.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | September 2026 | YoY |
|---|---|---|
| Revenue | 1.29bn | 1.62% |
| Gross profit | 514.9m | 56.53% |
| Net profit | 114.29m | 372.73% |
| EBITDA | 152.02m | 621.42% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €6.76bn |
Number of shares | 779.36m |
52-week high/low | €10.27 - €7.15 |
Dividends TTM | €0.0136 |
Beta | 0.49 |
P/E ratio | 23.63 |
PEG ratio | -0.04 |
P/B ratio | 1.04 |
P/S ratio | 1.34 |
Company profile
IndusInd Bank Limited provides various banking products and services to individuals, NRIs, business owners, corporates, and government and financial institutions. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers current, savings, defense and corporate salary, and RFC accounts; and fixed and FCNR, sweep in/out deposits, senior citizen schemes, young saver deposits, and recurring and RFC deposits, as well as Rupee multiplier products. It also provides home, personal, car, two wheeler, gold, agricultural, and medical equipment loans, as well as loans against property and securities; business loans; and loan on credit cards. In addition, the company offers transaction banking services, including letters of credit/guarantees, structured trade and export finance, and import finance solutions, as well as cash management and remittance services; investment products, such as demat account, mutual fund, gold bond, national pension system, and equity trading; project finance, debt underwriting and placement, advisory related to M&A and equity raise, structured credit products, etc.; and health, general, life, and card protection insurance. Further, it provides debit, credit, forex, and commercial cards; individual outward remittances, foreign currency bank notes and demand drafts, and travelers cheques; financial inclusion products; trade and foreign exchange accounts; real estate developer financing and bullion services; correspondent banking services; and forex and derivative desk, information and advisory, and remittances through forex channel services. As of June 30, 2021, the company had 2,015 branches and 2,870 ATMs in India, as well as representative offices in London, Dubai, and Abu Dhabi. IndusInd Bank Limited was incorporated in 1994 and is based in Mumbai, India.
| Name | INDUSIND BANK LTD |
| CEO | Rajiv Anand Prattipati |
| Headquarters | Mumbai,
mh India |
| Website | |
| Sector | Financials |
| Industry | Banks |
| IPO | 01/07/2002 |
| Employees | 46,778 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Bse | INDUSINDBK.BO |
Nse | INDUSINDBK.NS |