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IndusInd bank News

20 Aug 2024

IndusInd Bank Shares Up 2.6 Per Cent, Lender Received RBI Approval

The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing.

21 Mar 2024

Nifty Closes Above 22,000 As US Fed Signals 3 Rate Cuts This Year

Rising for the second day, the 30-share BSE Sensex jumped 539.50 points or 0.75 per cent to settle at 72,641.19.

10 Feb 2024

Banks Revised FD Interest Rates This Month

The interest rates on a fixed deposit (FD) remain constant from the time the FD account is initiated, unlike market-driven investments where returns fluctuate over time.

06 Feb 2024

HDFC Bank Gets RBI Approval To Acquire Up To 9.5% Stake In ICICI, 5 Others

HDFC Bank said that the RBI’s approval is valid for a period of one year from the date of RBI’s letter, i.e., till February 4, 2025.

28 Dec 2023

CCI Approves Acquisition Of Controlling Stake In Reliance Capital By IndusInd

CCI has approves acquisition of control/stake in Reliance Capital Limited by IndusInd International Holdings Limited, IIHL BFSI (India) Limited, and Aasia Enterprises LLP.

05 Oct 2023

Yes Bank, IndusInd Bank Revise Fixed Deposit Rate: Check Latest Interest Rates

RBI's three-day bi-monthly monetary policy committee (MPC) meeting started on October 4 amidst market speculations that the central bank might pause key interest rates this time too.

23 Sep 2022

Fixed Deposits: THESE three banks revise their FD rates; Should you invest?

Shivalik Small Finance Bank's new FD rates came into effect from September 19 IndusInd Bank and City Union Bank revised their FD rates w.e.f September 23 FDs are one of the safest investment avenues, senior citizens and investors with zero risk appetite prefer to park their money in them

17 Jul 2022

THESE banks offer over 6% interest rates on 1 year FDs

Fixed deposits are the most popular option for investors with a zero risk tolerance profile who want to invest to build wealth without relying on market returns.

Kotak Mahindra Bank

04 Jul 2022

RBI imposes penalty on Kotak Mahindra Bank, IndusInd Bank

RBI has also imposed penalties on four co-operative banks. A penalty of Rs 1.05 crore has been imposed on Kotak Mahindra Bank. RBI said a penalty of Rs 1 crore has been imposed on IndusInd Bank for non-compliance with KYC.

09 May 2022

IndusInd bank offers more than 7% interest on FD deposits

On a 5-year tenor or deposit period, senior folks can earn up to 7% interest in Mumbai-based IndusInd Bank. IndusInd provides older folks 7% interest on savings under Rs 2 crore. On deposits of less than Rs 2 crore for a period of 61 months or more, the bank offers 6.50 percent to senior folks.

07 May 2022

Planning to invest in FDs? Check banks offering higher returns on 5-year FDs

Here's the list of banks offering highest interest rates on fixed deposits:

Airtel Payments Bank

26 Apr 2022

Airtel Payments Bank launches FD facility in partnership with IndusInd Bank

No penalty on FD withdrawal before maturity. Book deposit in one minute. Book multiple FDs for a fixed duration of either 1, 2 or 3 years.

20 Oct 2021

IndusInd Bank introduces EMI on debit cards: Check features, eligibility

Customers can use the new facility by swiping or tapping their debit cards at the point of sale (PoS) machines. Customers can use also use the debit card EMI feature on online purchases as well. IndusInd Bank has partnered with more than 60,000 offline merchant outlets.

12 Jun 2021

THESE 3 banks are offering unlimited free ATM transactions across India

These banks are IndusInd Bank, IDBI Bank and Citi Bank. IDBI offers free unlimited transactions at its own ATMs IndusInd Bank offers unlimited free ATM transactions at any bank in India.

08 Jun 2021

THESE Banks offer maximum interest rates on savings account

RBL Bank offers a good interest rate of 4.50% per annum to 6.25% on daily balance. Bandhan Bank provides 3.0 per cent per annum to 6.0 per cent per annum interest rates. IndusInd Bank savings account interest rate comes in the range of 4 per cent to 5.50 per cent up to Rs 1 crore daily balance.

savings account

21 Apr 2021

Is Savings Account a Good Option For Emergency Funds?

Financial planners suggest that one must allocate six months’ worth of expenses towards creating an emergency fund. However, this can vary according to the different financial situations of different people. Nonetheless, it is crucial for everyone to maintain an emergency fund to tide over critical times.

17 Dec 2020

Rs 2.5 cr complimentary air accident cover: Know more about this credit card

IndusInd Bank's first metal credit card. Card ‘PIONEER Heritage’ for ultra-HNI segment. Equipped with lucrative features and privileges.

Maruti Suzuki India

18 Jun 2020

Maruti Suzuki ties up with IndusInd Bank to offer car loan

The loan scheme is valid for all Maruti Suzuki models.

28 Apr 2020

IndusInd Bank Q4 consolidated PAT down 12.3% to Rs 315.25 crore

On a standalone basis, the net profit fell 16.17 per cent to Rs 301.84 crore during the January-March quarter as against Rs 360.10 crore in the year-ago period.

20 Jun 2019

IndusInd Bank-Bharat Fin merger to be effective from July 4

The National Company Law Tribunal on June 10, 2019, approved the Scheme of Arrangement among BFIL, IndusInd Bank and Induslnd Financial Inclusion and their respective shareholders and creditors.

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