INDUSIND BANK LTD.

IndusInd Bank has partnered with J.P. Morgan Payments to enhance its outward remittance services by expanding coverage to 123 currencies. Leveraging J.P. Morgan's Xpedite solution, IndusInd Bank customers can now send payments directly in the beneficiary's local currency, simplifying the process and reducing conversion needs. This collaboration aims to provide faster, more efficient cross-border payments. The service is currently available at bank branches and will soon be accessible via online and mobile banking, offering 24/7 initiation.

Indusind Bank Ltd has confirmed the timely payment of interest on its Tier 2 Bonds, amounting to ₹227.08 crores. The payment was made on the due date of October 29, 2026, following the record date of October 14, 2026. This interest payment pertains to the bonds issued on October 29, 2021, with an issue size of ₹2,800.00 crores. The last interest payment was made on October 29, 2025. The bonds are listed on the National Stock Exchange of India Limited and the information is also available on the bank's website.

Indusind Bank Ltd has granted 55,106 stock options, convertible into equity shares, to one eligible employee under its ESOP Scheme. The grant price is set at ₹904.80 per share. The options will vest over three years, with 33%, 33%, and 34% vesting at one-year intervals from the grant date. The exercise period is five years from the vesting date. This grant is made with the approval of the Reserve Bank of India.

IndusInd Bank Ltd has provided an updated list of its Senior Management Personnel (SMP) as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The update includes the appointment of several new personnel to leadership roles, effective October 23, 2026. The list details individuals such as Amitabh Kumar Singh (Chief Human Resources Officer), Anand Kumar Das (Company Secretary & Key Managerial Personnel), and Viral Rajnikant Damania (Chief Financial Officer & Key Managerial Personnel), among others. Brief profiles for newly included SMP members are also provided, outlining their roles and experience within the bank. The disclosure is in compliance with SEBI regulations and has been hosted on the bank's website.

Indusind Bank announced its unaudited consolidated financial results for the quarter and half-year ended September 30, 2026. The bank reported a net profit of ₹1,242 crores for Q2 FY27, a significant 51% increase quarter-on-quarter from the normalized profit of ₹824 crores in Q1 FY27. Net Interest Income for Q2 FY27 stood at ₹4,569 crores, up from ₹4,409 crores in Q2 FY26. Fee and other income also saw a substantial rise to ₹2,248 crores from ₹1,651 crores year-on-year. The bank's net profit for the half-year ended September 30, 2026, was ₹2,279 crores, a marked improvement from ₹167 crores in the corresponding previous half-year. Deposits grew to ₹4,28,832 crores from ₹3,89,600 crores, and Gross NPA improved to 2.73% from 3.60% year-on-year.

Indusind Bank Limited announced the appointment of Ms. Priyanka Sinha as an Additional Director in the category of Non-Executive Independent Director. The appointment, approved by the Board of Directors on October 23, 2026, is for a period of four years, concluding on October 22, 2030, subject to shareholder approval. Ms. Sinha brings over 25 years of experience in legal and corporate governance across various industries, including her previous role as Managing Director and General Counsel of Vodafone India Services Private Limited. She is not debarred from holding a director's office. This appointment is in line with SEBI regulations.

IndusInd Bank's consolidated net profit swung to ₹1,241.8 Cr for Q2 FY27 (quarter ended September 30, 2026), reversing a ₹436.9 Cr loss in the year-ago quarter and up 19.7% sequentially from ₹1,037.0 Cr in Q1 FY27. Standalone PAT came in at ₹1,176.1 Cr, roughly 5.6% below the consolidated figure — a gap attributable to consolidating BFIL and the IndusInd Marketing & Financial Services associate; both bases tell the same turnaround story, so the divergence isn't material to the headline read. Consolidated revenue (interest earned) rose a modest 1.6% YoY and 4.3% QoQ to ₹11,796.0 Cr, with basic EPS at ₹15.94 against ₹13.31 in Q1 FY27 and a loss per share of ₹5.61 a year ago. The turnaround was driven almost entirely by a sharp drop in provisioning rather than revenue strength: provisions (other than tax) fell to ₹1,222.6 Cr from ₹2,631.2 Cr a year ago and ₹1,384.3 Cr last quarter, lifting consolidated net profit margin to 8.84% from -3.30% YoY and 7.92% QoQ. Net interest income, however, came in at ₹4,569.5 Cr — short of the ₹4,700–4,800 Cr range flagged in our pre-result preview — confirming the NIM-compression risk management had signalled; operating margin (operating profit over interest income) held near-flat at 24.37% versus 24.52% in Q1 FY27 but is up sharply from 17.64% a year ago. Asset quality improved alongside: gross NPA fell to 2.73% (from 3.60% YoY, 3.25% QoQ) and net NPA to 0.83% (from 1.04% YoY, 0.95% QoQ), consistent with management's guidance that micro-loan slippages would materially ease. No external Q2 FY27 PAT consensus could be located; our pre-result preview carried a cautious Street tone — 37 analysts covering the stock, sentiment split 25% Buy/38% Hold/37% Sell, median target cut 14% to ₹808 — debating whether NIM pressure was cyclical or structural. On the one concrete pre-result marker available, NII, the quarter missed (₹4,569 Cr vs ₹4,700–4,800 Cr expected), but the bottom line outperformed the gloomy mood with a clean swing to profit and 19.7% sequential PAT growth. Against management's own January 2026 concall guidance — growing advances in line with the market through FY26-27 and reaching 1% quarterly ROA by the end of FY26-27 — advances grew 11.4% YoY to ₹3,63,104 Cr (standalone) and deposits 10.1% YoY to ₹4,28,832 Cr, both tracking the stated pace; annualised ROA improved to 0.87% (consol) from 0.78% in Q1 FY27 but remains below the 1% exit target, so the bank is on-trend rather than there yet. The Board, meeting the same day, also approved Priyanka Sinha's appointment as an independent director; no separate management press-release commentary was available in the filing to quote beyond the regulatory results statement. Capital adequacy (Basel III) eased slightly to 16.59% from 17.15% in Q1 FY27 and 17.10% a year ago, still comfortably above regulatory minimums. With provisioning normalising and asset quality improving each quarter, the key swing factor into Q3 FY27 is whether net interest income recovers toward the ₹4,700–4,800 Cr band the Street was pricing in, and whether ROA can close the remaining gap to management's 1% quarterly target by the end of FY26-27.

Indusind Bank reported key financial metrics for the quarter ending September 30, 2026. Net advances grew by 11.2% year-on-year to ₹3,62,393 crore, while deposits increased by 10.1% YoY to ₹4,29,038 crore. The CASA ratio stood at 28.0%. Retail deposits and deposits from small business customers reached ₹2,14,504 crore as of September 30, 2026. The bank also mobilized USD 3.51 billion (~₹33,627 crore) in FCNR(B) deposits under a swap facility. Outstanding loans from the Gift City branch against these deposits were USD 1.73 billion (~₹16,564 crore), with standby letters of credit at USD 0.50 billion (~₹4,772 crore).

IndusInd Bank Ltd has submitted a half-yearly statement detailing its debt securities as of September 30, 2026, in compliance with SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. The statement includes details of two series of debentures listed on the National Stock Exchange of India Limited. The first series, with ISIN INE095A08058, was issued on December 9, 2016, matures on December 9, 2026, carries a 7.60% annual coupon, and has an outstanding amount of ₹1,500.00 Crores. The second series, ISIN INE095A08090, was issued on October 29, 2021, matures on October 29, 2031, has an 8.11% annual coupon, and also has an outstanding amount of ₹2,800.00 Crores. The bank is hosting this intimation on its website.

Indusind Bank Ltd announced that its Board of Directors will convene on Friday, October 23, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026 (Q2 FY27). Following the declaration of these results, the Bank plans to host an earnings call/meet with analysts and investors, where top management will discuss the financial performance. In line with regulatory requirements, the trading window for the Bank's securities will remain closed from Thursday, October 1, 2026, until Sunday, October 25, 2026, inclusive of both days.