Banking

IndusInd Bank Faces First Quarterly Loss in 19 Years Amid Internal Fraud and Accounting Issues

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IndusInd Bank Faces First Quarterly Loss in 19 Years Amid Internal Fraud and Accounting Issues MUMBAI: IndusInd Bank has reported a quarterly loss of Rs 2,236 crore for the three months ending March 2025, marking its first quarterly loss since March 2006. This follows a significant reversal from a net profit of Rs 2,346 crore … Read more

IndusInd Bank Faces First Quarterly Loss in 19 Years Amid Major Accounting Issues

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IndusInd Bank Faces First Quarterly Loss in 19 Years Amid Major Accounting Issues Mumbai: IndusInd Bank reported a quarterly loss of Rs 2,236 crore for the three months ending March 2025, marking its first quarterly loss since March 2006. This follows a significant reversal of its previous year’s net profit of Rs 2,346 crore, bringing … Read more