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Hindujas may opt for equity infusion into IndusInd Bank
May 23, 2025
|Financial Express Kochi
THIS COMES AFTER the bank reported its first loss in 19 years, posting a loss of ₹2,236 crore in Q4 FY25, setting aside ₹2,522 crore in contingency provisions to write off derivative trade losses, microfinance loan misreporting, and other discrepancies.
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As of March 2025, IIHL and IndusInd Limited hold 12.06% and 3.77% stakes in IndusInd Bank, respectively. Notably, IndusInd has pledged 100% of its shares, while IIHL has pledged 35.5% of its stake. The promoters' unpledged stake in IndusInd Bank was valued at ₹4,534 crore based on Thursday's closing price of ₹785.10 on the BSE. The share price of the privat
هذه القصة من طبعة May 23, 2025 من Financial Express Kochi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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Financial Express Kochi
IMF directors urge India to replenish fiscal buffers
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SBI’s NIM target of 3% safe even if RBI cuts rate: Setty
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Financial Express Kochi
US-Russia talks gain momentum
A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.
1 min
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Financial Express Kochi
UK cuts tax-free allowance for cash savings
BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.
1 mins
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Financial Express Kochi
Reliance JV to build AI data centre
THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.
1 min
November 27, 2025
Financial Express Kochi
Indices near all-time high as bears go into hiding
· DIIs pump in ₹7 lakh crore, highest in a year
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Financial Express Kochi
When tax meets technology
Tax is one area where the govt has moved far ahead in adopting technology and digitisation. Professionals must catch up with the digital architecture in place
3 mins
November 27, 2025
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