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IndusInd Bank: A Strong and Promising Future Ahead

Mumbai (Maharashtra) [India], March 13: The bank looks in a very strong position and management is extremely capable to accept all challenges.  Bank is continuously growing by providing best services to his customers in India and globally. Overall, it’s look that the bank’s profitability and capital adequacy remain healthy to absorb this one-time impact and all will be in normal position soon. In December 2024 quarter the profit after tax (PAT) was ahead of Street’s estimates of Rs 1,282 crore. At the current valuations bank is already pricing in most of these uncertainties. The ROE of induslnd is 14.26% slightly better than HDFC ( 14.03 %) and even better then Kotak ( 14.01%)Also induslnd bank capital adequacy ratio is lot better at 17.23% which is still above ICICI (16.33%) and even better then Axis ( 16.63%) The bank is trading very undervalued and the future looks is extremely positive for long term!

 

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Finance

RBI Approves Name Change of The Kaira District Central Cooperative Bank LTD to the Kheda District Central Cooperative Bank Limited

Kheda (Gujarat) [India], December 15:  The Reserve Bank of India (RBI) has officially approved the renaming of Kaira District Cooperative Bank to Kheda District Central Cooperative Bank Limited, effective 27 June 2025. This landmark approval has granted the bank’s management committee and cooperative leaders their 37-year-long demand, thus marking an administrative, cultural, and emotional milestone […]

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Finance

Car Insurance Premiums Likely to Rise on Reinsurance Costs: A Brief Account

Mumbai (Maharashtra) [India], December 4: Vehicle insurance premiums are expected to rise as insurers face higher reinsurance costs. Reinsurance assists insurance firms in managing major and unforeseen claims by distributing the risk with international partners. As the charges are raised by these international partners, the insurers tend to transfer the increment to the customers. As […]

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Finance

PPFAS Mutual Fund to host 12th Unitholders’ Meet on 22nd November 2025

Mumbai (Maharashtra) [India], November 20: PPFAS Mutual Fund will host its 12th Unitholders’ Meet on 22 November 2025 at 4 PM in Mumbai. This annual meet provides an exclusive platform for investors and distributors to interact with the Fund Management team, gain insights into the Fund’s performance, and understand the investment philosophy of PPFAS Mutual Fund. […]

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