IndusInd Bank shares plunge 17 pc; mcap erodes by Rs 15,572 cr amid disappointing earnings

(0)
News

IndusInd Bank shares fell nearly 17% to a 52-week low after a 40% drop in Q2 net profit to ₹1,331 crore, with deteriorating asset quality and a market valuation loss of ₹15,572 crore.

Leave a Reply Cancel reply

Investment word of the day: Total expense ratio — what is TER in mutual funds and how is it calculated?
Investment word of the day: Investing in mutual funds involves understanding associated costs, known as the Total Expense Ratio, which covers management expenses. These include marketing, administrative, and audit fees, calculated as a percentage of the fund's net assets.
Some credit and debit cards come with insurance, but be sure you're eligible for it
Simply owning such a card is not enough – you also need to fulfil certain conditions to stay eligible for the insurance. And don't forget to appoint a nominee.
Should you register for GST? Here’s everything you need to know.
While the decision hinges on your annual turnover, there's more to it. GST registration is not just about hitting a certain sales figure – it’s also about the nature and geography of your operations. Read on to find out more.
Will cross-border crypto gifts trigger Indian taxes?
Crypto gifted to non-residents like NRIs sits in a legal grey zone, as Indian tax law lacks clarity on cross-border digital asset transactions.
GenAI for investing: Smart money moves or risky bets?
GenAI can uniquely tailor financial advice based on an individual's income, lifestyle, and goals—a luxury once reserved for wealthy clients of human advisors. But GenAI isn’t infallible.
How to effectively diversify the retirement corpus?
By structuring the investments and reviewing them every few years, you can ensure a secure, comfortable, and joyful retirement, full of travel, comfort, and dignity.
How the India-UK Double Contribution Convention benefits employers and employees
The DCC is designed to facilitate the movement of employees between India and the UK by addressing the complexities of social security contributions
What makes Mirae Asset’s Swarup Mohanty paranoid about his retirement corpus
Mirae Asset Mutual Fund CEO says he has reached the minimum threshold on his retirement corpus, but wants to target a higher corpus to ensure a smooth retirement life
Why health insurance during and after pregnancy is essential
Maternity claims now account for about 20% of all health insurance claims, and costs can shoot up further if there are complications during pregnancy or delivery.
The Royals on Netflix: Money lessons hidden behind diamond tantrums and supercars
The royal family faces financial challenges after Milind Soman's death, leading to an effort to make their estate viable. Young maharaja Ishaan Khattar struggles with responsibilities while Sophie aims to prove herself through startup investments in the royal B&B venture.

IndusInd Bank shares plunge 17 pc; mcap erodes by Rs 15,572 cr amid disappointing earnings

Leave a Comment

Leave a Reply Cancel reply