Intentar ORO - Gratis
IndusInd Bank says 'legacy issue behind us'; profit falls 68%
The New Indian Express Tirupati
|July 29, 2025
INDUSIND BANK, which had reported an internal accounting error of more than ₹2,340 crore in the past quarter, on Monday posted a whopping 68% decline in standalone net profit year-on-year to ₹684 crore as provisions zoomed.
The Hindujas-promoted bank's provisions zoomed 68% and income steeply declined. On a consolidated basis, net profit fell 72% YoY to ₹604 crore, as per the company's statement released on Monday. Despite all-round poor show, brokerages said the numbers are much better than they had pencilled in given bad set of numbers it had reported in the previous quarter. The management led by non-executive chairman Sunil Mehta and interim executive committee led by Soumitra Sen and Anil Rao, told a
Esta historia es de la edición July 29, 2025 de The New Indian Express Tirupati.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Tirupati
The New Indian Express Tirupati
Chief secys say sorry for not filing compliance report in stray dog case
THE chief secretaries of states and Union Territories have tendered an unconditional apology before the Supreme Court for not filing a compliance affidavit on the issue of the menace of stray dog bites.
1 min
November 04, 2025
The New Indian Express Tirupati
Recognition, fame and riches, India women wake up to new reality
AS the embers of the beautiful night melted in the dawn, Indiawomen woke up to a new reality - the World Champions. Harmanpreet Kaur and her team must have realized life will no longer be the same again.
1 min
November 04, 2025
The New Indian Express Tirupati
GUJARAT CID BUSTS ₹200 CRORE CYBER RACKET WITH INTERNATIONAL LINKS
GUJARAT CID (Crime) and the Railways' cyber centre have busted a ₹200-crore cybercrime racket with tentacles stretching from Gujarat to Dubai.
1 min
November 04, 2025
The New Indian Express Tirupati
Rybakina rallies to beat Swiatek in WTA Finals
ELENA Rybakina recorded an impressive 3-6, 6-1, 6-0 victory over second-seeded Iga Swiatek in round-robin play at the WTA Finals in Riyadh on Monday.
1 min
November 04, 2025
The New Indian Express Tirupati
AP’s Sricharani spins her way to WC glory
IN a remarkable journey from the rural heartlands of Andhra Pradesh to the global stage, 21-year-old Nallapureddi Sricharani from Erramallapalli village in Veerapunayunipalle mandal, Kadapa district, has etched her name in cricket history.
1 mins
November 04, 2025
The New Indian Express Tirupati
Tejashwi, Tej Pratap fight it out as rift in Lalu family widens
RJD chief Lalu Prasad's estranged son and former minister Tej Pratap Yadav on Monday hit back at his younger brother Tejashwi Prasad Yadav following the latter's remark that \"party is his parent\".
1 mins
November 04, 2025
The New Indian Express Tirupati
A LINGUISTIC GAME OF DEFINITIONS
OFTENTIMES definitions can limit you, imposing unnecessary constraints, enclosing things within the four corners of a narrow, arbitrary boundary that you set for yourself. Other times, they provide no real meaning as the thing defined may not mean anything by itself.
3 mins
November 04, 2025
The New Indian Express Tirupati
Zubeen murdered, chargesheet by Dec 17, says Himanta
ASSAM Chief Minister Himanta Biswa Sarma said that Zubeen Garg's death was not accidental but a case of murder on Monday. “I won't call it an accident but murder.
1 min
November 04, 2025
The New Indian Express Tirupati
ERADICATING POVERTY: A JOB NOT FULLY DONE
K ERALA has declared itself free of extreme poverty-a bold claim which, if true, marks a major milestone even for a state that takes pride in its human development achievements.
1 mins
November 04, 2025
The New Indian Express Tirupati
Why is foreign capital flooding banking sector
WHAT'S driving the foreign capital inflows —close to $15 billion so far this year alone— into financial sector of late? Already foreign institutions own 48.4% in HDFC Bank and 46.8% in ICICI Bank. The regulatory cap for foreign ownership in private banks is 74%.
2 mins
November 04, 2025
Listen
Translate
Change font size