IndusInd Bank jumps on launching EMI facility on debit cards
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IndusInd Bank is currently trading at Rs. 1199.85, up by 5.40 points or 0.45% from its previous closing of Rs. 1194.45 on the BSE.
The scrip opened at Rs. 1193.80 and has touched a high and low of Rs. 1213.35 and Rs. 1172.35 respectively. So far 85877 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1239.40 on 19-Oct-2021 and a 52 week low of Rs. 571.10 on 29-Oct-2020.
Last one week high and low of the scrip stood at Rs. 1239.40 and Rs. 1162.50 respectively. The current market cap of the company is Rs. 92623.36 crore.
The promoters holding in the company stood at 16.54%, while Institutions and Non-Institutions held 70.41% and 13.05% respectively.
IndusInd Bank has launched EMI (Equated Monthly Instalments) facility on debit cards to enable its customers to convert their high value transactions into easy installments. A debit card holder of the Bank can walk into any participating store, and avail this facility by simply swiping/tapping their card at a merchant PoS terminal. Debit card holders of the Bank can avail this facility of buying products and then choose an EMI option with tenures from 3, 6, 9, 12, 18 and 24 months. Customers can even check their eligibility through SMS by typing MYOFR and sending it to 5676757.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.
