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IndusInd Bank has announced a significant expansion of its Gold Loan offering to an additional 245 branches, taking the total number of branches providing Gold Loan services to 500 across India. This expansion reinforces the Bank's commitment to making secured credit more accessible, convenient, and reliable for customers nationwide.
Gold Loans continue to witness strong demand from a wide range of customer segments—including households, small traders, and Agri-linked customers - who rely on quick liquidity against their gold holdings. With its expanded network, IndusInd Bank will enable customers to avail swift and instant credit disbursal of up to Rs 1 crore, backed by minimal documentation, competitive interest rates, and flexible tenure options, ensuring a seamless borrowing experience across urban and rural markets.
Further, to enhance customer journey, the branches will house dedicated Gold Loan Desks for personalized service while all gold collateral will be kept under the Bank's custody, ensuring the highest standards of safety.
One 97 Communications Ltd, Cochin Shipyard Ltd, Wipro Ltd, Newgen Software Technologies Ltd are among the other stocks to see a surge in volumes on BSE today, 17 February 2026.
IndusInd Bank Ltd witnessed volume of 18.83 lakh shares by 10:46 IST on BSE, a 39.18 times surge over two-week average daily volume of 48057 shares. The stock increased 1.73% to Rs.948.00. Volumes stood at 31946 shares in the last session.
One 97 Communications Ltd notched up volume of 5.71 lakh shares by 10:46 IST on BSE, a 5.51 fold spurt over two-week average daily volume of 1.04 lakh shares. The stock rose 2.47% to Rs.1,150.65. Volumes stood at 95957 shares in the last session.
Cochin Shipyard Ltd registered volume of 2.64 lakh shares by 10:46 IST on BSE, a 5.15 fold spurt over two-week average daily volume of 51222 shares. The stock rose 4.28% to Rs.1,531.05. Volumes stood at 59047 shares in the last session.
Wipro Ltd notched up volume of 39.59 lakh shares by 10:46 IST on BSE, a 4.72 fold spurt over two-week average daily volume of 8.38 lakh shares. The stock rose 1.24% to Rs.215.95. Volumes stood at 7.8 lakh shares in the last session.
Newgen Software Technologies Ltd witnessed volume of 4.82 lakh shares by 10:46 IST on BSE, a 4.64 times surge over two-week average daily volume of 1.04 lakh shares. The stock increased 10.64% to Rs.512.00. Volumes stood at 1.38 lakh shares in the last session.
IndusInd Bank Ltd is up for a third straight session today. The stock is quoting at Rs 943.8, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.23% on the day, quoting at 25741. The Sensex is at 83526.16, up 0.3%. IndusInd Bank Ltd has slipped around 0.63% in last one month.
Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has slipped around 2.12% in last one month and is currently quoting at 60949.1, up 0.34% on the day. The volume in the stock stood at 42.54 lakh shares today, compared to the daily average of 41.34 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 940.95, up 1.03% on the day. IndusInd Bank Ltd is down 7.84% in last one year as compared to a 12.18% jump in NIFTY and a 24.59% jump in the Nifty Bank index.
The PE of the stock is 0 based on TTM earnings ending December 25.
The Bank has appointed Arijit Basu (DIN: 06907779) is the Part-Time Chairman of the Bank with effect from 31 January 2026.
Metal shares advanced after declining in the past trading session.
At 10:25 IST, the barometer index, the S&P BSE Sensex jumped 310.06points or 0.38% to 81,847.76. The Nifty 50 index rose 112.70 points or 0.43% to 25,156.70.
In the broader market, the S&P BSE Mid-Cap index added 0.23% and the S&P BSE Small-Cap index fell 0.16%.
The market breadth was negative. On the BSE, 2,353 shares rose and 1,524 shares fell. A total of 232 shares were unchanged.
Result Today:
Asian Paints (up 0.12%), Tata Consumer Products (up 0.92%), Aditya Vision (down 0.51%), Bikaji Foods International (down 0.35%), CG Power and Industrial Solutions (down 0.85%), Vodafone Idea (down 0.81%), International Gemmological Institute India (down 2.16%), Mahindra Logistics (up 0.76%), Marico (up 0.40%), Motilal Oswal Financial Services (down 2.09%), NESCO (down 2.51%), Raymond (up 2.23%), Spandana Sphoorty Financial (down 2.86%), Vishal Mega Mart (down 0.44%), and WeWork India Management (down 3.85%) will announce their quarterly earnings today.
Buzzing Index:
The Nifty Metal index advanced 2.39% to 11,751.60. The index declined 0.83% in the past trading session.
Adani Enterprises (up 4.92%), APL Apollo Tubes (up 3.67%), JSW Steel (up 3.19%), Hindustan Copper (up 3.1%) and Jindal Stainless (up 2.96%), Hindustan Zinc (up 2.92%), Vedanta (up 2.43%), National Aluminium Company (up 2.24%), Hindalco Industries (up 1.63%) and Tata Steel (up 1.54%) advanced.
Stocks in Spotlight:
Indusind Bank fell 0.58% after the bank reported 88.5% decline in standalone net profit to Rs 161.16 crore on 13.67% fall in total income to Rs 13,079.39 crore in Q3 FY26 over Q3 FY25.
Shriram Finance shed 0.29%. The NBFC’s standalone net profit declined 29.36% to Rs 2,521.67 crore on a 13.88% increase in total income to Rs 12,191.58 crore in Q3 FY26 over Q3 FY25.
The bank's financial results include the financial results of its wholly owned subsidiary, Bharat Financial Inclusion (BFIL), a business correspondent (BC) of the Bank involved in originating small ticket loans for the Bank and IndusInd Marketing and Financial Services Private (IMFS), an associate of the bank.
The bank reported a 90.87% decline in consolidated net profit to Rs 127.98 crore on 13.7% decline in total income to Rs 13,080.08 crore in Q3 FY26 over Q3 FY25.
Pre-provision operating profit (PPOP) stood at Rs 2,270 crore in Q3 FY26, as against Rs 3,601 crore posted in Q3 FY25.
Net Interest Income (NII) declined 12.74% YoY to Rs 45.62 crore in Q3 FY26.Net interest margin (NIM) reduced to 3.52% in Q3 FY26 as against 3.93% in Q3 FY25.
The bank’s deposits declined 3.82% to Rs 3,93,815 crore in Q3 FY26 compared with Rs 4,09,438 crore in Q3 FY25. CASA deposits stood at Rs 1,19,104 crore with current account deposits at Rs 31,416 crore and savings account deposits at Rs 87,688 crore. CASA deposits comprised 30% of total deposits as on 31st December 2025.
Advances as of December 31, 2025, were Rs 3,17,536 crore, recording de-growth of 13.45% as against Rs 3,66,889 crores previous year
Gross NPA were at 3.56% of gross advances as on December 31, 2025, as against 2.25% as Q3 FY25. Net NPA were 1.04% of net advances as on December 31, 2025, as compared to 0.68% as on Q3 FY25.
The provision coverage ratio (PCR) was improved at 71.50% as on December 31, 2025. Provisions and contingencies for the quarter ended December 31, 2025, were Rs 2,096 crore as compared to Rs 1,744 crore for the corresponding quarter of previous year.
The Bank's total capital adequacy ratio as per Basel III guidelines stands at 16.94% as on December 31, 2025, as compared to 16.46% as on December 31, 2024. Tier 1 CRAR was at 15.74% as on December 31, 2025, compared to 15.18% as on December 31, 2024. Risk-Weighted Assets were at Rs 4,01,497 crore as against Rs 4,20,519 crore a year ago.
As of December 31, 2025, the Bank's distribution network included 3,120 branches/ Banking outlets and 3,063 onsite and offsite ATMs, as against 3,063 branches/banking outlets and 2,993 onsite and offsite ATMs, As of December 31, 2024. The client base stood at approx. 42 million as on December 31, 2025.
Rajiv Anand, the MD and CEO, IndusInd Bank said: 'During Q3FY26, the bank continued focus on optimisation of its balance sheet by letting go unprofitable loans and deposits along with being cautious on microfinance disbursements. The operating performance was steady with Pre-Provision Operating Profit at Rs 2,270 crore growing 11% QoQ. Our asset quality trends have been stable in all core businesses except in microfinance wherein industry is now showing early signs of recovery. Overall, the Bank has returned to profitability with a Profit After Tax of Rs. 128 crore. The Balance sheet remains robust with a healthy capital adequacy, excess liquidity and reducing stressed asset pool. We are optimistic about resilient domestic economy and aim to participate in the growth recovery in a calibrated manner.'
Indusind Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans.
The counter delcined 1.04% to settle at Rs 893.10 on the BSE.