HDFC Bank clarified that it does not intend to invest in IndusInd Bank. Instead, it would be investments by HDFC Bank group entities such as HDFC Mutual Fund, HDFC Life Insurance Company Limited and HDFC ERGO.
Sankaran brings over three decades of experience across wholesale banking, retail credit and SME segments. In his career, he has held senior leadership roles at major private sector lenders, including Axis Bank, Federal Bank and HDFC Bank.
In the September quarter, banks had delivered some margin related surprises, with many of them reporting an earlier-than-expected recovery, even after absorbing the full impact of the 50 bps rate cut in June 2025.
An analyst from Master Capital Services said that Coforge has confirmed a bullish continuation by breaking out of its ascending triangle pattern, showcasing strength after consolidation.
The bank’s management outlined a strategic roadmap to strengthen risk management, collections, underwriting processes, and leadership structure.
In an exchange filing, the bank clarified that the Rs 255 crore accounting irregularity mentioned in the report was not part of any new investigation and had already been addressed earlier this year.
IndusInd Bank: The EOW has issued summons to Subhash Maheshwari, Assistant Vice President at IndusInd Bank, to appear next week and explain the entries, reports suggested.
Nomura suggested a target of Rs 960 on IndusInd Bank as it retained 'Buy' rating on the scrip. It has 'Neutral' views on Bank of Baroda and Kotak Mahindra Bank.
IndusInd Bank has been under regulatory scrutiny this year after accounting discrepancies were identified in its derivatives portfolio and later in its microfinance operations, leading to the resignations of former CEO Sumant Kathpalia and Deputy CEO Arun Khurana in April 2025.
Systematix Shares and Stocks said the momentum on the counter is aligning with price action the RSI-14 is showing positive divergence on the daily chart, highlighting accumulation at lower levels.
Antique noted that the new IndusInd Bank CEO is expected to present a strategic plan within the next three to four months. No further material discrepancies are anticipated in the near term.





