IndusInd Bank Share Price Live Updates: IndusInd Bank's monthly returns indicate a decline
05 Jun 2025 | 08:40:19 AM IST Welcome to the IndusInd Bank Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing stock. Stay ahead of the market with our in-depth coverage of IndusInd Bank, including: Last traded price 814.35, Market capitalization: 63442.3, Volume: 3877545, Price-to-earnings ratio 24.63, Earnings per share 33.06. Get a complete picture of IndusInd Bank's performance through our comprehensive blend of fundamental and technical indicators. Stay informed about breaking news that can influence the stock's trajectory. Our liveblog equips you with the knowledge and insights needed to make confident investment decisions. Don't miss out on the latest updates as IndusInd Bank continues to make waves in the market. The data points are updated as on 08:40:19 AM IST, 05 Jun 2025 Show more
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
6 hours ago
- Mint
Sebi retracts words ‘board note' from IndusInd Bank order, says it was ‘engagement note'
Mumbai: Markets regulator Securities and Exchange Board of India (Sebi) on Friday issued a corrigendum to its 28 May order in the alleged insider trading case involving IndusInd Bank, clarifying that the words 'board note' should be read as an 'engagement note signed by the chief financial officer and noticee numbers one and two.' 'Noticee numbers one and two' are former deputy chief executive Arun Khurana and former chief executive officer (CEO) Sumant Kathpalia. On 28 May, Sebi cracked the whip on former top executives of the bank for alleged insider trading. It barred former managing director and CEO Kathpalia, along with four other senior executives from the market and impounded gains of ₹19.78 crore, alleging they sold shares while in possession of unpublished price-sensitive information (UPSI). A week before the order, IndusInd Bank chairman Sunil Mehta said the board was not informed of the derivatives discrepancies and that it took swift measures when it came to know. However, Sebi had said in its 28 May order that the bank had hired KPMG as early as on 29 January 2024 through a 'board note', to review the discrepancies revealed by an internal team, implying that the board was aware before the issue came to light on 10 March. On Friday, Sebi replaced the words board note with the term engagement note, thus distancing the board from the decision to hire KPMG in 2024. What RBI said Meanwhile, the Reserve Bank of India (RBI) on Friday said IndusInd Bank has taken sufficient steps to improve its accounting practices, with governor Sanjay Malhotra noting that the bank is doing well overall. The remarks signalled regulatory comfort with the lender's actions so far, and pushed its shares up over 5%. The RBI's comments come nearly three months after IndusInd Bank disclosed issues in its derivatives book, which triggered a 27% crash in its shares. Since then, the bank has seen the exit of top executives and faced scrutiny from both the central bank and Sebi. 'The MD and CEO has resigned and it says for taking moral responsibility. So, I thought that should be good enough,' Malhotra said at the post-policy conference.
Mint
12 hours ago
- Mint
RBI governor Malhotra says IndusInd Bank doing well, shares jump 5%
Mumbai: The Reserve Bank of India (RBI) on Friday said IndusInd Bank has taken sufficient steps to address improve its accounting practices, with governor Sanjay Malhotra noting that the bank is doing well overall. The remarks signalled regulatory comfort with the lender's actions so far, pushing its shares up over 5%. The RBI's comments come nearly three months after IndusInd Bank disclosed issues in its derivatives book, which triggered a 27% crash in its shares. Since then, the bank has seen the exit of top executives and faced scrutiny from both the central bank and the capital markets regulator Securities and Exchange Board of India (Sebi). 'The MD & CEO has resigned and it says for taking moral responsibility. So, I thought that should be good enough,' Malhotra said at the post-policy conference. Reacting to the statement, IndusInd Bank's share hit an intraday high of ₹ 845.9 apiece on the BSE, up 5.3%, according to Bloomberg data. The stock remains 8.6% below its close of 10 March, the day the lender acknowledged the derivatives discrepancies. The broader BSE Bankex index has risen 15% over the same period. When asked about broader board accountability, Malhotra said, 'Do you expect all the board members…what are you hinting at? The MD & CEO, who is also a member of the board—if he has taken responsibility, that is at the board level itself.' IndusInd Bank is in the middle of a management transition, following the exit of deputy chief executive Arun Khurana—two days after a report by Grant Thornton on the derivatives lapses—and the resignation of chief executive Sumant Kathpalia before a successor was found. On 21 May, IndusInd Bank chairman Sunil Mehta said the board was not informed of the discrepancies and that it acted swiftly once they came to light. However, a Sebi probe found the bank had engaged KPMG to review the issues as early as 29 January 2024, well before it disclosed the matter to stock exchanges on 10 March 2025, Mint reported on 31 May. 'Normally we do not comment on individual banks," Malhotra said. "The banking system is very robust and I also mentioned these episodes will happen and should not bother us too much as long as they are far and few between and limited.' Deputy governor Swaminathan J said the bank had complied with all the requirements set by the RBI. The first was to ensure proper accounting of all discrepancies, backed by internal and external audits, and reflected in the March quarter results. The second was to conduct a forensic audit and hold those responsible to account. The third priority, Swaminathan said, was to ensure that no customer suffered losses or inconvenience. Each of these crises offers RBI some lessons and it sharpens the supervisory tools, he said. 'Going forward, we will look at these kinds of red flags so that we are in a position to anticipate them much in advance. If not immediately but very soon it should settle down and then be back to normal.' Last week, Sebi barred former MD & CEO Sumant Kathpalia and four other senior executives from the market and impounded gains of ₹ 19.78 crore, alleging they sold shares while in possession of unpublished price-sensitive information.
Business Standard
15 hours ago
- Business Standard
IndusInd Bank climbs as RBI sees turbulence easing
IndusInd Bank shares jumped 2.66% to Rs 824.50 after Reserve Bank of India (RBI) officials signaled confidence in the lender's recovery from recent accounting lapses. In the the post-monetary policy press conference today, RBI Deputy Governor J Swaminathan and Governor Sanjay Malhotra noted that the bank has taken corrective steps, including leadership changes, and that the situation should stabilize soon. IndusInd Bank had earlier reported a Rs 1979 crore impact from misaccounted internal derivative trades and reversed Rs 674 crore in misreported microfinance interest. With the resignation of CEO Sumant Kathpalia and his deputy, the RBI believes the matter is largely under control. IndusInd Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans. IndusInd Bank reported a standalone net loss of Rs 2,235.99 crore in Q4 FY25 as against a net profit of Rs 2,346.84 crore posted in Q4 FY24. Total income declined 22.83% year on year to Rs 11,342.65 crore in Q4 March 2025.
