IndusInd Bank gains on selecting iCreate’s Biz$Core as an Enterprise BI Solution

19 Sep 2011 Evaluate

IndusInd Bank is currently trading at Rs 268.90, up by 2.45 points or 0.92% from its previous closing of Rs 266.45 on the BSE.

The scrip opened at Rs 266.00 and has touched a high and low of Rs 269.70 and Rs 261.00 respectively. So far 18000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 309.30 on 02-Dec-2010 and a 52 week low of Rs. 181.00 on 31-Jan-2011.

Last one week high and low of the scrip stood at Rs 269.70 and Rs 250.00 respectively. The current market cap of the company is Rs 12439.81 crore.

The promoters holding in the company stood at 19.53% while Institutions and Non-Institutions held 42.81% and 23.78% respectively.

Indusind Bank has selected iCreate’s Biz$Core Business Intelligence solution as a key component of its enterprise Business Intelligence strategy. With Biz$Core’s Enterprise BI solution, the bank can now benefit from a functional BI solution with advanced coverage of all business units as well as manage regulatory reporting.

Indusind Bank has made this choice for establishing a robust information management ecosystem with a quick implementation at a low cost of ownership. The bank has sought an Enterprise BI solution that would dovetail seamlessly with all the transactional systems and provide a single view of business critical insights. Further, an enterprise BI solution helps to analyze organizational data to measure and track business performance, improve operational efficiencies as well as support business strategy, improve operational efficiencies as well as support business strategy. The implementation of iCreate’s Biz$core Business Intelligence solution will also help the bank in addressing the RBI’s recent automated data flow compliance.

Indusind Bank caters to the needs of both consumer and corporate customers. The bank has robust technology platform supporting multi channel delivery capabilities.

Indusind Bank Share Price

930.00 -34.05 (-3.53%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 1772.05
ICICI Bank 1285.70
Axis Bank 1072.10
Kotak Mahindra Bank 1743.55
Indusind Bank 930.00
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