IndusInd Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

IndusInd Bank has signed a Memorandum of Understanding (MoU) with the Enterprise Incubation Centre at Indian Institute of Management Lucknow (IIML-EIC) to empower startups through a combination of customized financial and innovation-led support solutions.

The MoU is a significant step towards encouraging a robust 'banking and beyond banking' ecosystem, promoting innovation and sustainable growth for startups across sectors and stages. It reflects IndusInd Bank's ongoing commitment to bolster the startup ecosystem and support their growing contribution to the Indian economy.

The MoU aims to support Indian startups across various stages and sectors by providing access to customized banking solutions, including cash management services, working capital support, and credit facilities?enabling them to manage their financial operations with greater efficiency. In addition, startups will gain exclusive access to IndusInd Bank's extensive network and strategic ecosystem partnerships, helping them enhance visibility, attract investments, and concentrate on innovation and scalable growth.

As part of the collaboration, IndusInd Bank will conduct a series of workshops and knowledge sessions to build startup capabilities across key financial areas. These sessions will cover Basics of banking, Equity infusion, ESOP implications, Segment-based funding etc. Additionally, the Bank will offer operational support such as payroll and attendance management solutions to start ups as a part of the MoU.

The Bank will also facilitate co-sponsorship opportunities for startup-focused seminars and conclaves organized by IIML-EIC. The incubation centre will play a facilitative role by connecting startups to the Bank, sharing relevant details, and helping bridge access to the full range of services.

Powered by Capital Market - Live News

IndusInd Bank Ltd is up for a third straight session today. The stock is quoting at Rs 848.7, up 1.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 25133.1. The Sensex is at 82476.63, up 0.04%. IndusInd Bank Ltd has gained around 7.63% in last one month.

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has gained around 2.32% in last one month and is currently quoting at 56839.6, down 0.3% on the day. The volume in the stock stood at 73.09 lakh shares today, compared to the daily average of 100.79 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 848.1, up 1.25% on the day. IndusInd Bank Ltd is down 42.7% in last one year as compared to a 8.03% jump in NIFTY and a 14.01% jump in the Nifty Bank index.

The PE of the stock is 24.66 based on TTM earnings ending March 25.

Powered by Capital Market - Live News

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.

Powered by Capital Market - Live News

IndusInd Bank has allotted 1,400 equity shares under ESOS on 02 June 2025. The Paid up Share Capital of the Bank has accordingly increased from. Rs. 7,790,544,720 (779,054,472 equity shares of Rs.10/- each) to Rs. 7,790,558,720 (779,055,872 equity shares of Rs.10/-each).

Powered by Capital Market - Live News