IndusInd Bank Shares Surge: Assurance Given on Fraud Impact

IndusInd Bank Shares Climb 2 Pc as Co Assures No More Financial Impact of Past Frauds

Get latest articles and stories on Latest News at LatestLY. Shares of private sector lender IndusInd Bank on Tuesday climbed 2 per cent after the firm assured that there will be no more financial impact of the past frauds. Latest News | IndusInd Bank Shares Climb 2 Pc as Co Assures No More Financial Impact of Past Frauds.

IndusInd Bank Shares Surge: Assurance Given on Fraud Impact

IndusInd Bank's shares rose by 2% following assurances that past frauds will have no further financial impact. Despite a 72% drop in net profit for the June quarter to Rs 604 crore, the bank claims a robust recovery, resolving previous irregularities and focusing on improved governance and transparency.

IndusInd Bank Shares Rise 2% Despite 72% YoY Profit Drop In Q1; Should You Invest?

IndusInd Bank share price today: IndusInd Bank reported a 68% slump in standalone net profit

IndusInd Bank Q1 results: Net profit tanks 68% YoY to ₹684 crore; provisions jump 66%

Source: Live Mint IndusInd Bank Q1 results: Private sector institutional lender, IndusInd Bank, announced its April to June quarter results for the financial year 2025-26, according to an exchange filing. The company recorded a 68% fall in its net profits for the first quarter at ₹684 crore, compared on a year-on-year (YoY) basis with ₹2,152.16 crore in the same period a year ago, as per the standalone financial statements.  The private sector…

Indusind Bank Q1 profit drops 72 pc to Rs 604 cr

Mumbai, Jul 28 (PTI) Private sector lender Indusind Bank on Monday reported a 72 per cent drop in its consolidated net profit for the June quarter at Rs 604 crore. Indusind Bank, which is reeling under a slew of issues stemming from alleged irregularities of the management in recognising bad loans and trading reverses, had reported a net profit of Rs 2,171 crore in the year-ago period. It had reported a loss of Rs 2,329 crore in the preceding Ma…

IndusInd Bank Sees Shareholding Pattern Change — FPIs, Mutual Funds Swap Positions Amid Turbulence

Battling crisis after crisis, IndusInd Bank Ltd. has seen investor interest swing between foreign and domestic institutions in the last 12 months. What began as a seemingly isolated derivatives trading discrepancy snowballed into a multi-layered crisis involving leadership resignations, forensic investigations, insider trading probes, and a growing trust deficit.A look at the public shareholding pattern over the last four quarters reveals an int…