INDUSINDBANK PROBE 0 1747833319944 1747835480761

IndusInd Bank Q4 Results: Net loss widens to ₹2,329 crore, NII dips 43% YoY on MFI stress; FY25 profit tanks 71%

IndusInd Bank on Wednesday reported a net loss of ₹2,328.9 crore on a consolidated basis for the fourth quarter ended March 31, 2025, mainly on account of higher provisioning and lower income. The private sector bank has been embroiled in accounting lapses, fraud in microfinance portfolio and balance sheet disclosures during the March quarter of…

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IndusInd Bank share price gains 2% after Deputy CEO Arun Khurana resigns amid discrepancies in derivatives portfolio

IndusInd Bank share price gained over 2% in early trade on Tuesday after its Deputy Chief Executive Officer (CEO) Arun Khurana resigned from his position. IndusInd Bank shares rallied as much as 2.58% to ₹852.00 apiece on NSE. Khurana tendered his resignation at a time when the private lender plans to rearrange top management after…

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