Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
IndusInd Q3 net slumps 91%
Business Standard
|January 24, 2026
Sunil Mehta to step down as chairman and director
Private sector lender Indus Ind Bank swung back to profit in the third quarter of 2025-26 (Q3FY26), but its net profit for the quarter slumped 91 per cent year-on-year (YoY) to ₹128 crore, hit by higher provisions and lower net interest and non-interest income.
The bank had posted a ₹437 crore loss in Q2FY26.
Separately, the bank said Sunil Mehta will cease to be its part-time chairman and director upon completion of his tenure on January 30 as he did not seek to continue beyond his current term. Subsequently, the bank has appointed Arijit Basu to the position, effective January 31, following approval from the Reserve Bank of India (RBI).
Basu, who was serving as chairman and non-executive independent director at HDB Financial Services, resigned from that role on Friday with immediate effect.
Cette histoire est tirée de l'édition January 24, 2026 de Business Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business Standard
Business Standard
Gujarat, Odisha power discoms lead this yr’s performance rankings
Gujarat’s power distribution utilities emerged as top performers in the 14th Integrated Rating and Ranking Report released by the power ministry on Friday.
1 min
January 24, 2026
Business Standard
Visa readies India swipe of debit-cum-credit card
After its success in Japan, Visa's latest innovation in plastic money — a single 16-digit card credential that works as both a credit and debit card — is gearing up for entry into India.
2 mins
January 24, 2026
Business Standard
Adani group sheds ₹1.1 trn in mcap as US SEC seeks to serve summons
Group stocks down 3.4% to 14.54%
1 min
January 24, 2026
Business Standard
Gold, silver, platinum extend record-setting rally
Gold notched another record high on Friday, while silver and platinum also extended gains to hit all-time peaks, powered by diminishing confidence in US assets on account of geopolitical tensions and economic uncertainty.
1 mins
January 24, 2026
Business Standard
Shriram Finance net profit plunges 22%
Shriram Finance Ltd, one of the largest retail non-banking financial companies (NBFCs) in India, posted a 22 percent decline in net profit during the third quarter of 2025-26 (FY26) to ₹2,529.65 crore.
1 mins
January 24, 2026
Business Standard
Trai’s numbering mandate raises debt collection concern
The Telecom Regulatory Authority of India’s (Trai’s) directive requiring banks and non-banking financial companies (NBFC) to shift to the ‘1600’ numbering series for voice calls to curb spam and fraud is raising concern among the lending players.
2 mins
January 24, 2026
Business Standard
Let's talk about the GenZs
There are a few phrases that we of late have come to increasingly hear, and even use.
3 mins
January 24, 2026
Business Standard
India at Davos: From presence to partnership
Davos often makes its presence felt through snowfall that reshapes both the landscape and the mood.
3 mins
January 24, 2026
Business Standard
JSW Steel net surges 198%
One-time tax gain, linked to Bhushan Power & Steel and JFE Steel deal, drives growth
2 mins
January 24, 2026
Business Standard
The end of Nato is coming
No President has created so much doubt about America’s commitment to trans-Atlantic security
5 mins
January 24, 2026
Listen
Translate
Change font size