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India
Reported ownership for FY2027-Q1 as of 2026-06-30.
As of 06 Nov 2026, 03:30 pm
Effective November 1, 2026, IndusInd Bank will charge Rs 25 for declined POS and ATM transactions due to insufficient funds. This fee applies to specified account variants where such transactions were previously free.
As of November 6, 2026, the bank has partnered with J.P. Morgan Payments to expand outward remittance coverage to 123 currencies. The service enables direct settlement in beneficiaries' local currencies and is currently available at branches, with online and mobile banking access coming soon.
On October 29, 2026, IndusInd Bank paid Rs 227.08 crores in interest on Tier 2 Bonds with an issue size of Rs 2,800.00 crores (ISIN INE095A08090). Additionally, on October 27, 2026, the bank granted 55,106 stock options to one employee under its ESOP scheme at a grant price of Rs 904.80 per share.
During Q2 FY27, IndusInd Bank reported growth in its microfinance portfolio, contrasting with declines reported by Bandhan Bank and CreditAccess Grameen. This divergence reflects sector-wide caution regarding rural borrowers' repayment capacity amid El Nino-induced droughts and inflationary pressures.
As of November 6, 2026, the stock closed at ₹910.25. Immediate support is noted at ₹901.72, while resistance levels exist at ₹928.08 and ₹944.72. The daily trend shows a bullish super-trend direction, whereas the weekly trend indicates a bearish super-trend direction.
As of 06 Nov 2026, 03:30 pm
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Latest complete financial results for Q2 FY27 and comparative quarterly trends.
| Metric | Q2 FY26 | Q1 FY27 | Q2 FY27(Latest) |
|---|---|---|---|
| Income | ₹13,260 crore | ₹13,096 crore | PEAK₹14,044 crore |
| Interest Earned | ₹11,609 crore | ₹11,310 crore | PEAK₹11,796 crore |
| Interest Expended | ₹7,199 crore | ₹6,625 crore | PEAK₹7,227 crore |
| Operating Profit Before Provision And Contingencies | ₹2,047 crore | ₹2,773 crore | PEAK₹2,874 crore |
| Profit Loss From Ordinary Activities Before Tax | -₹584 crore | ₹1,389 crore | PEAK₹1,652 crore |
| Profit Loss After Taxes Minority Interest And Share Of Profit Loss Of Associates | -₹437 crore | ₹1,037 crore | PEAK₹1,242 crore |
| Basic Earnings Per Share After Extraordinary Items | -₹5.61 per share | ₹13.31 per share | PEAK₹15.94 per share |
| Return On Assets | -₹0 | ₹0.01 | PEAK₹0.01 |
Indusind Bank reported consolidated profit after tax of ₹1,242 crore for Q2 FY2026-27, up 19.7% from Q1. Higher other income and lower provisions supported the increase, while pre-provision operating profit rose 3.6%; gross and net NPA ratios also declined sequentially.
Profit before tax increased 18.9% to ₹1,652 crore from ₹1,389 crore in Q1 FY2026-27. Other income rose 25.8% to ₹2,248 crore, while provisions other than tax and contingencies fell 11.7% to ₹1,223 crore. Tax expense increased to ₹410 crore from ₹352 crore. Basic EPS was ₹15.94, compared with ₹13.31 in Q1.
Income increased 7.2% sequentially to ₹14,044 crore. Interest earned rose 4.3% to ₹11,796 crore, while interest expended increased 9.1% to ₹7,227 crore. Operating expenses rose 6.6% to ₹3,943 crore: employee costs were ₹1,803 crore, up slightly from ₹1,792 crore, and other operating expenses increased to ₹2,140 crore from ₹1,906 crore. Operating profit before provisions and contingencies grew 3.6% to ₹2,874 crore from ₹2,773 crore.
At 30 September 2026, gross NPAs stood at ₹10,106 crore, down from ₹10,849 crore at 30 June, while net NPAs were ₹3,012 crore versus ₹3,101 crore. The gross NPA ratio eased to 2.73% from 3.25%, and the net NPA ratio to 0.83% from 0.95%. Provisions also declined sequentially, contributing to the higher pre-tax profit.
At 30 September 2026, advances were ₹3,63,104 crore and deposits were ₹4,28,832 crore; borrowings stood at ₹53,781 crore. The CET1 ratio was 15.55%, compared with 16.10% at 30 June 2026.
Management said the quarter showed strengthened growth, improved profitability and encouraging asset-quality trends. It also pointed to increasing traction across retail businesses and a more granular, resilient funding profile. Management reported a Q2 FY2026-27 net interest margin of 3.23%, yield on assets of 8.35%, cost of funds of 5.11%, average liquidity coverage ratio of 127% and provision coverage ratio of 70.19%.
Sequential profit growth was supported by sharply higher other income and lower provisions, alongside improving NPA measures. However, pre-provision operating profit grew more slowly than income, and the CET1 ratio declined from the prior quarter—important contrasts as investors assess the quarter’s earnings and capital position.
Disclosed bulk and block transactions involving Indusind Bank, shown for the latest 90 days.
Exchange disclosures and regulatory announcements for Indusind Bank.
IndusInd Bank Limited has partnered with J.P. Morgan Payments to enhance its outward remittance services by integrating the Xpedite solution, expanding currency coverage to 123 currencies and enabling direct settlement in beneficiaries' local currencies. The service is currently available at IndusInd Bank branches and will soon be accessible via online and mobile banking platforms.
IndusInd Bank Limited confirmed that it paid interest on its Tier 2 Bonds on the due date, October 29, 2026. The payment was Rs. 227.08 crores on bonds with an issue size of Rs. 2,800.00 crores (ISIN INE095A08090). This is a routine payment-compliance notice; the filing does not report a redemption.
IndusInd Bank Limited uploaded the transcript of its Q2 FY2027 analyst/investor call to its website on 2026-10-26 at 19:32:00. The call was held on 2026-10-23 and concluded at 18:32:00. The Bank reported the transcript disclosure to the exchange on 2026-10-27.
IndusInd Bank Limited granted 55,106 stock options to one eligible employee under its Employee Stock Option Scheme (ESOP), following Reserve Bank of India approval dated October 27, 2026. The options are convertible into an equivalent number of equity shares at a grant price of Rs. 904.80 per share. Vesting occurs over three years (33%, 33%, and 34% annually), with an exercise period of five years from the date of vesting.
IndusInd Bank Limited submitted a routine intimation to the National Stock Exchange of India Limited (NSE) and BSE Limited on October 24, 2026, enclosing newspaper clippings that published the bank's Unaudited Consolidated and Standalone Financial Results for the quarter and half-year ended September 30, 2026. The filing was made in compliance with Regulation 30 and 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the content was simultaneously uploaded to the bank’s website.
IndusInd Bank Limited’s Board, at its meeting in Mumbai on October 23, 2026, approved the unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026. Joint statutory auditors Chokshi & Chokshi LLP and Borkar & Muzumdar issued unmodified limited-review conclusions; the Basel III Pillar 3 disclosures, including leverage ratio, liquidity coverage ratio and net stable funding ratio, were not reviewed. The filing also reports a transfer of Investment Fluctuation Reserve of Rs. 868.24 crore to accumulated balance in the Profit & Loss Account during the quarter ended June 30, 2026. The filing is a substantive quarterly financial-results and board-approval disclosure; the exchange-submission and website-upload notices are routine.
On October 23, 2026, the Board of Directors of IndusInd Bank Limited approved the appointment of Ms. Priyanka Sinha (DIN: 06379983) as an Additional Director in the category of Non-Executive Independent Director. The appointment is for a term of four consecutive years, from October 23, 2026, to October 22, 2030, subject to shareholder approval. Ms. Sinha brings over 25 years of experience in legal and corporate governance, previously serving as Managing Director and General Counsel of Vodafone India Services Private Limited.
IndusInd Bank Limited submitted an Investor Presentation to the NSE on October 23, 2026, detailing Unaudited Consolidated and Standalone Financial Results for the quarter and half-year ended September 30, 2026 (Q2 FY27). The bank reported a Net Profit of ₹1,242 crores, representing a 20% quarter-on-quarter increase. Total Assets grew 10% year-on-year to ₹5,80,148 crores, while the Loan Book expanded 11% YoY to ₹3,63,104 crores. Asset quality improved significantly, with Gross NPA declining to 2.73% from 3.25% QoQ and Net NPA falling to 0.83% from 0.95% QoQ. Capital adequacy remained robust with a Tier 1 CRAR of 15.55%.
Recent market and company developments associated with Indusind Bank.
IndusInd Bank has partnered with J.P. Morgan Payments to expand its outward remittance services, enabling customers to transfer money in 123 currencies through direct local-currency settlements via the Xpedite solution. The service is currently available at IndusInd Bank branches, with plans to extend access to online and mobile banking channels for 24/7 usage. This collaboration aims to simplify international transactions by reducing intermediary currency conversions and leveraging J.P. Morgan's global network for faster processing.
IndusInd Bank has partnered with J.P. Morgan Payments to expand its outward remittance services to 123 currencies, utilizing the Xpedite solution to allow direct transfers in beneficiaries' local currencies without intermediary conversions. This initiative, currently available at branches with a planned rollout to digital channels, aims to streamline cross-border payments for the bank's 42 million customers, particularly those engaged in NRI banking and international transactions.
Microfinance lenders exercised caution during the second quarter of FY27, with Bandhan Bank and CreditAccess Grameen reporting portfolio declines while IndusInd Bank and L&T Finance saw growth. This uneven trajectory reflects concerns over rural borrowers' repayment capacity amid El Nino-induced droughts, inflation, and fuel costs. Sector growth estimates varied between credit information companies, highlighting inconsistencies in data despite improved collection discipline.
Jefferies identified a narrowing valuation premium for Indian banks over global peers, citing strong asset quality and consistent performance from ICICI Bank and SBI in FY26. The investment bank highlighted diverging retail deposit franchises and a shift toward tech investments, while forecasting 16% sector-wide deposit growth for FY27 supported by FCNR-B inflows. Jefferies also noted that upcoming ECL-based provisioning and wage settlements may increase costs, though an expected repo rate hike could offset these pressures.
The government has notified changes to certain provisions of the Central Goods and Services Tax Act, 2017, effective 1 November 2026, covering post-supply discounts, credit notes, and GST refunds. These amendments include revised conditions for excluding eligible post-sale discounts from taxable value and require reversal of attributable input tax credit.
IndusInd Bank will charge for certain failed savings-account transactions from November 1, 2026, for specified account variants. Declined POS and ATM transactions due to insufficient funds will each incur a Rs 25 charge, where the article says they were previously free.
IndusInd Bank profit beats estimates as asset-quality repair gathers pace Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Allotment Jio IPO Listing Date Israel Elections 2026 live Microsoft Buyout news Gyanesh Kumar Benjamin Netanyahu Noel Tata Ather Share Price Anthropic IPO News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance m
Neutral IndusInd Bank; target of Rs 1050: Motilal Oswal Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Allotment Jamia Protest UP Polls 2027 Rahul Gandhi Infosys Share Price Aamir Khan Small Cap Stocks Cyclone Arnab Dhanush News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up to 50 Lakhs Credit Cards Lifetime
Comprehensive Section Breakdown for Indusind Bank
Strategic Vision: Private sector bank offering retail, corporate, and micro-banking services.
• Integrated rural micro-banking with commercial lending and retail vehicle finance.
• Utilizes a wholly owned subsidiary (BFIL) as a rural distribution engine and business correspondent network.
• Leverages BFIL customer data for cross-selling higher-value retail asset products.
• Aligns depository funding from retail and rural networks to fund lending portfolios.
Category: Financial Services
Provides personal banking accounts, deposits, credit cards, and specialized financing for commercial vehicles, utility vehicles, motorcycles, and passenger cars.
Category: Financial Services
Offers corporate lending, working capital finance, trade services, cash management, and structured finance to corporate groups.
Category: Financial Services
The dedicated microfinance and rural banking arm, operating through a joint-liability group lending model to support rural micro-enterprises.
Key Products & Services: BFIL
Core Thesis: The bank integrates rural micro-banking with commercial lending and retail vehicle finance through a livelihood financing model.
• Micro-Banking & BFIL Integration: BFIL operates as a wholly owned subsidiary and business correspondent network, collecting deposits and originating micro-loans in rural markets. • Rural Cross-Selling Loop: The BFIL customer database is used to cross-sell retail asset products, transitioning microfinance borrowers to higher-value loans. • Vehicle Finance Integration: Commercial and retail automotive financing is integrated with the corporate banking network, using dealer relationships for customer acquisition. • Assets and Liabilities Alignment: Depository funding from retail and rural networks directly funds commercial lending, project finance, and vehicle loan portfolios.