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India's IndusInd Bank tumbles 15% on becoming latest to warn of microfinance loan stress
(Reuters) -Shares of India's IndusInd Bank tumbled 15% on Friday, set for their worst day in over four years after the lender warned it would miss its full-year loan growth target, becoming the latest lender to flag the stress in microfinance loans.
IndusInd Bank Shares Drop 19% as Microfinance Slippages Impact Profit
IndusInd Bank's stock fell nearly 19% on Friday, marking its largest decline in over four years, following disappointing earnings for the July–September quarter (Q2) of FY25
IndusInd Bank stock down 19% as microfinance slippages cut Q2 profit
IndusInd Bank’s shares plummeted nearly 19 per cent on Friday—the worst fall in over four years—following weak earnings in the July–September quarter (Q2) of FY25, as higher provisions due to slippages in the microfinance portfolio dragged the bank’s net profit down 40 per cent year-on-year (Y-o-Y).
IndusInd Bank Share Price Live Updates: IndusInd shares crash 19% post Q2 results
IndusInd Bank Stocks Today, Indusind Bank Share Price Live Today 25024: IndusInd shares in focus. The private sector lender IndusInd Bank on Thursday reported a sharp 40 per cent year-on-year (y-o-y) and 39 per cent quarter-on-quarter (q-o-q) fall in its Q2FY25 consolidated net profit at ₹ 1,
India's IndusInd Bank posts unexpected Q2 profit drop as microfinance stress bites
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IndusInd Bank posts unexpected Q2 profit drop as microfinance stress bites
India's IndusInd bank reported an unexpected drop in second-quarter profit on Thursday due to stress in microfinance loans, which led to higher provisions, lower asset quality and narrow lending margins.
2h
IndusInd Bank Stocks Live Updates: IndusInd Bank Market Performance
Welcome to the IndusInd Bank Stock Liveblog, your real-time source for the latest updates and comprehensive analysis on a ...
devdiscourse
4h
IndusInd Bank Shares Plummet by 19%
IndusInd Bank shares fell 19%, losing Rs 18,489.39 crore in market valuation, after a 40% drop in net profit to Rs 1,331 ...
7h
Tech charts suggests IndusInd Bank could dip another 22% hereon
IndusInd Bank on Friday logged its biggest intra-day fall since March 2020; technically the stock has given a fresh downside ...
12h
on MSN
Indian shares slip, dragged down by IndusInd Bank, NTPC on weak earnings
By Bharath Rajeswaran (Reuters) -Indian shares slipped on Friday, eyeing fourth straight week of losses, dragged down by a ...
devdiscourse
1h
Societe Generale Offloads IndusInd Shares Amid Profit Decline
Societe Generale sold Rs 421 crore worth of IndusInd Bank shares amidst a reported 40% drop in the bank's quarterly profit.
rediff.com
4h
Sensex tanks 663 points; IndusInd Bank plunged over 18%
From the 30 Sensex pack, IndusInd Bank plunged over 18.50 per cent after the firm reported a 40 per cent decline in September ...
14h
on MSN
Indian shares set to open marginally higher; IndusInd Bank, ITC in focus
Indian shares are likely to open slightly higher on Friday after a four-day slide on lacklustre earnings and persistent ...
58m
Brokerages remain bullish on IndusInd despite weak Q2
On Thursday, IndusInd Bank reported a 40 per cent decline in September quarter net profit at ₹1,331 crore, pulled down ...
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