IndusInd Bank surges on launching ‘Induslnd Bank Nexxt Credit Card’

IndusInd Bank Ltd. | Bank - Private | BFSI | BSE: 532187 | NSE: INDUSINDBK

14 Nov 2018 Evaluate

IndusInd Bank is currently trading at Rs. 1520.00, up by 35.60 points or 2.40% from its previous closing of Rs. 1484.40 on the BSE.

The scrip opened at Rs. 1497.00 and has touched a high and low of Rs. 1528.25 and Rs. 1493.40 respectively. So far 25569 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2037.90 on 03-Aug-2018 and a 52 week low of Rs. 1333.90 on 31-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1,528.25 and Rs. 1464.10 respectively. The current market cap of the company is Rs. 91428.81 crore.

The promoters holding in the company stood at 16.74%, while Institutions and Non-Institutions held 62.41% and 20.85% respectively.

IndusInd Bank has launched the Induslnd Bank Nexxt Credit Card -- the first interactive Credit Card in India with buttons- which provides customer with flexibility of three payment options at a Point of Sale (POS) terminal - Credit, Converting Transactions into EMIs with 4 tenure options (6, 12, 18 and 24 months) or using accumulated Rewards Points, by simply pushing the buttons on the card.

This Card has been created in partnership with Dynamics Inc., which is headquartered in Pittsburgh USA, and designs and manufactures intelligent, battery powered payment cards. It incorporates technology that is revolutionary for a payment card, and provides exceptional consumer functionality as well as value. It indicates a customer's desired payment choice using LED lights associated with the three options. A customer does not need to fill any paperwork, or call their bank, or log in to any banking channel to convert their PUS transactions into HMIs, or to redeem their Rewards Points.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

Indusind Bank Share Price

925.20 -24.65 (-2.60%)

11-May-2026 12:19 View Price Chart

Peers

Company Name	CMP
HDFC Bank	770.35
ICICI Bank	1270.75
Axis Bank	1276.20
Kotak Mahindra Bank	381.20
Indusind Bank	925.20
View more..

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