NEW DELHI : Here’s a list of stocks that may be in news in today IndusInd Bank: The private sector lender and its promoter the Hinduja Group have initiated talks with sovereign wealth funds and pension funds, including Canada’s CPPIB and Singapore’s GIC Pte Ltd, to raise as much as $500 million.
This is aimed at bolstering investor confidence amid deterioration of the private lender’s balance sheet and flight of deposits after the Yes Bank Ltd fiasco. Kotak Mahindra Bank: The lender's total customer deposits in Q4 FY20 rose 19.6% YoY to ₹258,500 crore against ₹216,150 crore in March 2019, it said in a BSE filing.
Bank’s net advances rose 6.7% to ₹219,500 in the fourth quarter ending March 2020. ICICI Bank, Axis Bank and IDBI Bank: Moody's