IndusInd Bank gains on partnering with Bajaj Markets
IndusInd Bank is currently trading at Rs. 1289.25, up by 4.60 points or 0.36% from its previous closing of Rs. 1284.65 on the BSE.
The scrip opened at Rs. 1289.90 and has touched a high and low of Rs. 1293.40 and Rs. 1276.50 respectively. So far 47331 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1295.00 on 29-May-2023 and a 52 week low of Rs. 763.75 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1295.00 and Rs. 1245.25 respectively. The current market cap of the company is Rs. 100269.13 crore.
The promoters holding in the company stood at 16.50%, while Institutions and Non-Institutions held 69.06% and 14.45% respectively.
IndusInd Bank has partnered with Bajaj Markets. Bajaj Markets, in partnership with the bank, now offers access to the IndusInd Bank Outward Remittances service. The Liberalised Remittance Scheme (LRS) facility allows individuals to send money abroad.
This scheme allows individuals to make international money transfers in 16 currencies - Euro (EUR), Great Britain Pound (GBP), United States Dollar (USD), Canadian Dollar (CAD), Australian Dollar (AUD), New Zealand Dollar (NZD), Hong Kong Dollar (HKD), Singapore Dollar (SGD), Saudi Riyal (SAR), Arab Emirates Dirham (AED), Japanese Yen (JPY), Swiss Franc (CHF), South African Rand (ZAR), Danish Krone (DKK), Norwegian Krone (NOK), Swedish Krone (SEK), and South African Rand (ZAR), up to $250,000 in a financial year.
With Bajaj Markets, accessing the IndusInd Bank Outward Remittances service is simple. The process is secure and allows users to send money overseas without any hitches. Best of all, the fully-digital process ensures that users do not have to visit the bank branch physically.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.