At the Bengaluru edition of the ET Soonicorns Summit 2023, watch Vivek Bajpeyi, Chief Risk Officer, IndusInd Bank, demystify the theme:  ‘Understanding risk management: Identifying known and unknown risks in financial institutions and beyond’. Bajpeyi elaborated on how risk management involves identifying potential pitfalls that could disrupt plans or projects. He also shared insights into how risk profiles vary between organisations, with financial institutions primarily focused on financial risks and non-financial entities dealing with a broader spectrum of business-related risks. 

ET Soonicorns Summit 2023 is an Economic Times initiative to bring together policymakers, key leaders, entrepreneurs, and stakeholders within the Indian tech-startup ecosystem to chart a course for startups to demonstrate resilience, profitability, and growth amidst a prolonged period of uncertainty and an overall tough operating environment.

For more information, visit the ET Soonicorns Summit website.

ET Soonicorns Summit 2023 | Understanding risk management with Vivek Bajpeyi, CRO, IndusInd Bank

Here are the stocks to watch in today’s trade..

Stocks To Watch: Infosys, IndusInd Bank, Vedanta, Suzlon Energy, Container Corp

Flutterwave Inc., Africa’s largest payments startup, is expanding to India after securing a partnership with IndusInd Bank Ltd.

Africa’s Biggest Payment Startup Flutterwave Expands To India

Sensex rallies 556 pts, Nifty closes above 19,400 on strong domestic data & global cues. NTPC, JSW Steel, Tata Steel, Maruti, Power Grid, IndusInd Bank, Bajaj Finance & Tech Mahindra lead gains. FII net sellers of domestic equities, offloading shares worth ₹2,973.10 cr. Global oil price benchmark Br…

Sensex, Nifty rally around 1% on strong macro data, global cues; metal, power shares lead gains

From the Sensex pack, Larsen & Toubro, Mahindra & Mahindra, HDFC Bank, Sun Pharma, Maruti, Kotak Mahindra Bank, IndusInd Bank, Tata Steel and State Bank of India were among the gainers

Equity Markets Bounce Back After 2 Days of Decline on Firm Global Trends - News18

Fixed Deposit Interest Rate: DCB Bank slashed interest rates on its fixed deposits by up to 50 basis points this month. Among other banks, Axis Bank, Bank of India, Punjab National Bank (PNB) and IndusInd Bank have also cut interest on fixed deposits recently. RBI paused the benchmark repo rate for …

Fixed deposit interest rates start seeing a dip in banks; how to select FD tenure now for maximum returns

Top Nifty losers included Reliance Industries, Grasim Industries, ONGC, Power Grid Corp and JSW Steel, while gainers were BPCL, Asian Paints, IndusInd Bank, Infosys and Britannia Industries

Taking Stock: Market squanders opening gains to end near day’s low; IT shines

Equity mkt indices rally for 4th day; Tech Mahindra, L&T, Power Grid, ICICI Bank, IndusInd Bank, Infosys, JSW Steel, Wipro, Titan, UltraTech Cement gain; Jio Financial Services lags. Asian mkt up; US mkt ends with gains. FIIs buy equities worth Rs 614.32 cr. Positive global trends, fresh FII inflows…

Sensex, Nifty extend gains on firm global cues, foreign fund inflows

Bank Nifty gained 1.1% yesterday, leading to breakout of range. All stocks in index in green; IndusInd Bank & AU Small Finance Bank up 1.9 & 1.8%. Nifty Private Bank & PSU Bank indices up 1% & 0.7%. Bank Nifty futures opened higher at 44,705 & now trading around 44,970, up 1%.

Bank Nifty prediction today – August 24, 2023: Stay cautious; buy only if the price moderates

Bank Nifty opened higher, but is now near yesterday’s close. Advance/decline ratio is 8/4. Federal Bank is the top gainer, while IndusInd Bank is the top loser. August futures began lower, trading at 44,050. 43,870-44,360 range holds true; break beyond it will decide next trend. Stay out of market f…

Bank Nifty prediction today — August 23, 2023: Index continues to chart sideways

Mkt indices open higher but pare gains; Tata Steel, Axis Bank, JSW Steel, Infosys, TCS, RIL gain; Jio Fin Svcs, Airtel, ITC, Kotak Mahindra Bank, IndusInd Bank, M&M lag. Tokyo, HK up; Seoul, Shanghai down. US mkt mixed. No triggers. FIIs offload equities. BSE ekes out marginal gain; Nifty inched up.

Sensex, Nifty pare early gains; trade lower on sustained foreign fund outflows

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

IndusInd Bank Limited is engaged in banking and para-banking services. The Bank is involved in accepting deposits, such as savings accounts, current accounts and fixed deposits, and banking solutions.