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Policy▼ Bearish for IndusInd Bank
IndusInd Bank's RoA recovery faces risk from insurance commission cuts
The brief
- IndusInd Bank targets RoA of 1.25-1.30% over two years
- A 30% cut in bancassurance fee income could lower profits by around 5%, Jefferies says
- Commission cuts threaten IndusInd Bank's recovery and earnings
- IndusInd Bank shares off day's low; Jefferies sees 37% upside
- Bank Nifty Crashes 1,800 Points In Two Sessions To Three-Month Low. Will The Fall Continue?
- IndusInd Bank Share Price Live Updates: IndusInd Bank's three-month returns indicate a decline
- IndusInd Bank launches dedicated banking vertical for India’s 2,117 GCCs
- IndusInd Bank Share Price Live Updates: IndusInd Bank's Price Action Indicates Bearish Trend
IRDAI commission and expense reforms
IRDAI proposed phased cuts to insurers’ expense limits, commission caps and a ban on compulsory loan-linked insurance bundling, prompting sharp falls in insurance stocks. Insurers sought a glide path, while reports said distributors could face a tougher test.
Tuesday, 29 September
- IndusInd Bank's RoA recovery faces risk from insurance commission cuts