Indusind Bank Ltd

Entity type image
Type: Company
Name: Indusind Bank Ltd
First reported 11 hours ago - Updated 3 hours ago - 2 reports

Job cuts loom as RBS to shut Indian branches, only 8 hubs to remain

The bank will have only eight hubs, namely Delhi, Mumbai, Chennai, Kolkata, Bangalore, Pune, Hyderabad and Vadodara. The shutdown will start with closure of Agra, Jodhpur, Jalandhar, Kolhapur, Mangalore, Shastri Park (Delhi) and Udaipur branches, media ... [Published Firstpost.com - 3 hours ago]
First reported May 24 2013 - Updated 19 hours ago - 1 reports

Sensex, Nifty trade modestly higher; Hindustan Copper up on strong results

Amid alternate bouts of buying and selling, the market is up in positive territory, having recovered after a sharp fall from higher levels. The mood is quite cautious due to a lack of positive triggers. Investors appear somewhat wary of indulging in any ... [Published Sify - May 24 2013]
First reported May 23 2013 - Updated May 24 2013 - 2 reports

New bank licences: The contenders

(Mint - McClatchy-Tribune Information Services via COMTEX News Network) -- The deadline for applying for a banking licence expires on 1 July. At least two dozen companies, both in the private and public sectors, are busy drawing up plans for their entry ... [Published PredictWallStreet - May 24 2013]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

Indian rupee down 10 paise against dollar in early trade

Also read: See rupee in 55-56 range for 7-10 days: IndusInd BankThe rupee had lost 13 paise to close at a fresh six-month low of 55.59 against the dollar after dropping to eight-month low of 56.01 intra-day in yesterday's trade. Meanwhile, the BSE benchmark ... [Published Moneycontrol.com - May 24 2013]
Entities: Indusind Bank Ltd
First reported May 23 2013 - Updated May 24 2013 - 1 reports

Mayhem across global markets; Sensex, Nifty dive

Markets across the globe plunged in trade today, as worries over the withdrawal of stimulus by the Federal Reserve in the US and weak PMI data in China saw huge selling pressure emerge. The Japanese Nikkei closed the day with losses of 7 per cent in trade ... [Published Oneindia - May 23 2013]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

Rupee weakens on global cues

Despite strong inflows in domestic markets by foreign institutional investors (FIIs) and lower crude oil prices, the rupee is set to weaken against the dollar in the near term.A slight hint by US Federal Reserve chairman Ben Bernanke yesterday on unwinding ... [Published Smart Investor - May 24 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Not clear at what level RBI will start protecting rupee: J Moses Harding, IndusInd Bank

In an interview with ET Now, J Moses Harding of IndusInd Bank shares his view on the fall in rupee. Excerpts:ET Now: Rupee is Asia's worst performer. We touched that low of 55.93. What is the call now?J Moses Harding: Actually the rupee is trading within ... [Published Economic Times - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Indian rupee slides to its lowest in over 8-1/2 months on Thursday

Business World News: The Indian rupee slid to its lowest in over 8-1/2 months on Thursday, heading for a fifth consecutive session of falls, as worries about a potential pullback in the U.S. monetary stimulus programme sparked a shift sway from riskier ... [Published KeralaNext.com - May 23 2013]
First reported May 22 2013 - Updated May 23 2013 - 2 reports

Sensex up 71 points on positive start; IT stocks rally

The Indian stock market opened on a firm note on Wednesday with investors indulging in some brisk buying in early trades, tracking firm global cues.Information technology stocks surged higher with a falling rupee triggering buying in that space. Shares ... [Published Sify - May 22 2013]
First reported May 22 2013 - Updated May 23 2013 - 1 reports

Sensex ends lower for third straight day: L&T plunges

Markets ended the day lower for the third successive day in a row as selling in heavyweight Larsen and Toubro pulled indices lower. The Sensex closed the day lower by 32 points (provisional), while the Nifty closed lower by 20 points.Among the top loser ... [Published Oneindia - May 22 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

A close call

The 2008 crisis has separated the men from the boys, said Melevetil Damodaran, the chairman of the Business Standard Jury for Best Bankers of 2011-12, as the other Jury members nodded in agreement. There were other areas of agreement as well: that there ... [Published Smart Investor - May 23 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports

India’s 10-Year Bonds Drop as Falling Yield Deters Investors

Indian government bonds fell for a second day on speculation a decline in the yield on notes due 2022 to a three-year low this week is deterring buyers.The yield has dropped 36 basis points this month as the central bank cut the repurchase rate for a ... [Published Bloomberg - May 22 2013]

Quotes

"`RBS Group will maintain a predominantly deposit-led general banking presence alongside its international banking business. From the present 31 branches, the branch network will be consolidated into 8 major business hubs-- Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Pune, Hyderabad and Vadodara," said the bank in a statement. ``In the first phase, RBS will close the following 7 branches, namely, Agra, Jodhpur, Jalandhar, Kolhapur, Mangalore, Shastri Park (Delhi) and Udaipur"
"While the stakeholders are comfortable with a medium term trading range of Rs 53-56 a dollar, intra-May weakness in the rupee from Rs 53.66 to Rs 56.01 by 4.35 per cent has caught all on the wrong foot" said
The rupee has "struggled in a more acute manner than we have thought it should have done" HSBC said in a note on Thursday
...Motherson Sumi's margin has recovered and its sales volume has grown in the overseas market, says Bhatt. "Amara Raja Batteries has gained share from Exide in the battery replacement market and has expanded capacity" he adds

More Content

All (361) | News (359) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Job cuts loom as RBS to shut Indian branches, o... [Published Firstpost.com - 3 hours ago]
RBS to shut 7 India branches to consolidate ops [Published Economic Times - 11 hours ago]
New bank licences: The contenders [Published PredictWallStreet - May 24 2013]
Sensex, Nifty trade modestly higher; Hindustan ... [Published Sify - May 24 2013]
Indian rupee down 10 paise against dollar in ea... [Published Moneycontrol.com - May 24 2013]
Rupee weakens on global cues [Published Smart Investor - May 24 2013]
New bank licences | The contenders [Published Livemint.com - May 23 2013]
Mayhem across global markets; Sensex, Nifty dive [Published Oneindia - May 23 2013]
Not clear at what level RBI will start protecti... [Published Economic Times - May 23 2013]
Indian rupee slides to its lowest in over 8-1/2... [Published KeralaNext.com - May 23 2013]
A close call [Published Smart Investor - May 23 2013]
Common man is the new reliable Indian [Published Smart Investor - May 23 2013]
Sensex ends lower for third straight day: L&T p... [Published Oneindia - May 22 2013]
Sensex up 71 points on positive start; IT stock... [Published Sify - May 22 2013]
Sensex remains in positive territory; Tech Mahi... [Published Sify - May 22 2013]
India’s 10-Year Bonds Drop as Falling Yield Det... [Published Bloomberg - May 22 2013]
ICICI Prudential Balanced Fund: Safe and stable [Published Business Today India - May 21 2013]
Dont expect market to correct much after Bernan... [Published Economic Times - May 21 2013]
Mkts will be at all-time high: Anand Rathi Fina... [Published Economic Times - May 21 2013]
Qatar National Bank to start India ops in expan... [Published Moneycontrol.com - May 21 2013]
Sensex back in positive territory [Published Sify - May 21 2013]
Franklin Templeton buys banks, auto; sells IT, ... [Published Moneycontrol.com - May 21 2013]
Rupee crashes to near 5-month low [Published Economic Times - May 21 2013]
IMS Unison University to bring world-class faci... [Published New Delhi Pioneer - May 20 2013]
Sensex down 87 points, set to end on weak note [Published Sify - May 20 2013]
Sensex gains over 150 pts in early trade; Tata ... [Published Sify - May 20 2013]
Bank stocks zoom on rate cut hopes [Published MyIris - May 20 2013]
Expect Nifty to go towards 6260 levels next wee... [Published Economic Times - May 18 2013]
Nifty slips to 6,150; IndusInd Bank,DRL,Asian P... [Published GulfBase - May 18 2013]
Market extends rally on rate cut hopes; Nifty u... [Published msn.co.in - May 18 2013]
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MICROCAPITAL BRIEF: Entrepreneurs Amit Patni, A... [Published MicroCapital - Dec 10 2012]
Grameen Capital India (GCI), an investor in microfinance institutions and other social enterprises, recently announced the acquisition of a 43 percent stake in the company by Indian technology entrepreneurs Amit and Arihant Patni. The shareholding was ...
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