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Hindujas may opt for equity infusion into IndusInd Bank
Financial Express Lucknow
|May 23, 2025
THIS COMES AFTER the bank reported its first loss in 19 years, posting a loss of ₹2,236 crore in Q4 FY25, setting aside ₹2,522 crore in contingency provisions to write off derivative trade losses, microfinance loan misreporting, and other discrepancies.
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As of March 2025, IIHL and IndusInd Limited hold 12.06% and 3.77% stakes in IndusInd Bank, respectively. Notably, IndusInd has pledged 100% of its shares, while IIHL has pledged 35.5% of its stake. The promoters' unpledged stake in IndusInd Bank was valued at ₹4,534 crore based on Thursday's closing price of ₹785.10 on the BSE. The share price of the privat
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