IndusInd Bank on Wednesday announced the appointment of R S Sharma as additional director on its board. Sharma is the former chairman and managing director of ONGC.

IndusInd Bank today reported over 30% jump in net profit at Rs 223.38 crore for the fourth quarter ended March 31, driven by increase in advances.

After having restored its profitability over the past two years, IndusInd Bank is geared to achieve scale and is likely to double its client base in two years, believes Managing Director and Chief Executive Officer Romesh Sobti.

Private sector lender IndusInd Bank is set to pick up three-five per cent stake in private sector life insurer Aviva Life Insurance.

MSCI, a leading provider of investment decision support tools worldwide, including indices, portfolio risk and performance analytics and corporate governance services, has announced the results of the February 2012 Quarterly Index Review for the MSCI

IndusInd Bank reported growth of 34 per cent in net profit on the back of robust core fee income for October-December 2011. The bank’s net profit grew to Rs 205.96 crore from Rs 153 crore in the corresponding quarter last financial year.

Indusind Bank has moved higher 7% to Rs 262 after reporting 34% year-on-year growth in net profit at Rs 206 crore for the quarter ended December 2011. The private sector bank had reported a net profit of Rs 154 crore in the corresponding quarter last

IndusInd today posted a growth of 35% in net profit for the third quarter ended at Rs 206 crore, compared with Rs 154 crore in the corresponding quarter last year.

The raising of its savings deposit rates after the deregulation in October has helped IndusInd Bank grow these accounts by 10 per cent.

Private sector lender IndusInd Bank is in talks with Aviva Life to acquire a minority stake in the company, said two people privy to the development.

Despite rise in interest rates and deteriorating macroeconomic environment, private sector lender IndusInd Bank has said it is hopeful of 25-30 per cent growth in advances in the current financial year.

Despite a rise in interest rates and the deteriorating macroeconomic environment, private sector lender IndusInd Bank has said it is hopeful of a 25-30% growth in advances in the current financial year.

Private sector lender IndusInd Bank has hiked interest rates on savings accounts by up to 200 basis points, offering clients a return of as much as 6% on their deposits.

The bank had recorded a net profit of Rs 133.15 crore in the corresponding quarter last fiscal, IndusInd Bank said in a filing to the Bombay Stock Exchange (BSE).

The bank had recorded a net profit of Rs 133.15 crore in the corresponding quarter last fiscal, IndusInd Bank said in a filing to the Bombay Stock Exchange.

Trades between FIIs generated a volume of Rs 9.24 crore on the BSE Friday-an decrease of 66.04% from Rs 27 crore clocked on Thursday. As many as four stocks witnessed trades of 2.45 lakh shares on Friday.

Trades between FIIs generated a volume of Rs 19 crore on the BSE Wednesday-an increase of 79.68% from Rs 11 crore clocked on Tuesday. As many as four stocks witnessed trades of 3.73 lakh shares on Wednesday.

Private sector lender IndusInd Bank posted a net profit of 52 per cent in the quarter ended June, owing to strong growth in core fee income.

Private sector IndusInd Bank today posted a 52% jump in net profits for the first quarter ended June 30 at Rs 180.18 crore, helped by a surge in fee income.

Romesh Sobti was re-appointed chief executive of IndusInd Bank for three years in February. In an interview with Parnika Sokhi and Somasroy Chakraborty, he shares its growth plans.