Essayer OR - Gratuit
IndusInd Bank says 'legacy issue behind us'; profit falls 68%
The New Indian Express Kottayam
|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
Cette histoire est tirée de l'édition July 29, 2025 de The New Indian Express Kottayam.
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 The New Indian Express Kottayam
The New Indian Express Kottayam
Ram temple trust wants evidence back from SC
SHRI Ram Janmabhoomi Teerth Kshetra
2 mins
December 16, 2025
The New Indian Express Kottayam
Nabin takes charge; Shah, Nadda welcome new prez at party HQ
A day after being named as BJP's new working president, Nitin Nabin took charge of his new responsibility at the party headquarters here on Monday in the presence of Home Minister Amit Shah and outgoing national president JP Nadda.
1 min
December 16, 2025
The New Indian Express Kottayam
Mexico tariff may impact $2 billion exports; India initiates talks for PTA
UNION Commerce Secretary Rajesh Agrawal said on Monday that India has already initiated technical discussions with Mexico from December 12 for a preferrential trade agreement (PTA) to address the challenge that could arise due to the tariff by Mexico.
1 mins
December 16, 2025
The New Indian Express Kottayam
MTNL approves sale of ₹350-cr Mumbai assets
STATE-owned telecom service provider Mahanagar Telephone Nigam Limited (MTNL) on Monday announced the approval of the sale of its residential property located in Bandra Kurla Complex (BKC), Mumbai, as part of its asset monetisation plan.
1 min
December 16, 2025
The New Indian Express Kottayam
BJP demands apology over Modi slogans at Cong rally
. RS adjourned after uproar over 'threat'; Rijiju intensifies attack
1 mins
December 16, 2025
The New Indian Express Kottayam
'Even gods need rest': Court on special puja issue
EXPRESSING unhappiness over allowing paid 'special pujas' in temples, disrupting the \"resting time\" of the deity, the Supreme Court on Monday sought a response from the authorities on a plea challenging changes in 'darshan' timings and temple practices at Bankey Bihari Ji temple in Vrindavan.
1 min
December 16, 2025
The New Indian Express Kottayam
Star Air to start flying to Ahmedabad, Goa, Nanded, B'luru from Navi Mum
BENGALURU-headquartered Star Air said on Monday it will launch the operations from the Navi Mumbai International Airport (NMI) from December 25.
1 min
December 16, 2025
The New Indian Express Kottayam
India's trade deficit falls to 5-month low of $24.53 bn in Nov; export rises by 15%
INDIA'S trade deficit in November has declined to a five-month low of $24.53 billion in November, primarily due to the fall in gold, oil and coal imports, while there has been a considerable rise in the exports to the US, showed the data released by by the Ministry of Commerce on Monday.
1 min
December 16, 2025
The New Indian Express Kottayam
Nothing mini about auction as franchises look to rebuild
CSK, KKR have high purse value and are keen to put together a core group of players; teams like MI, PBKS and GT, meanwhile, will like to add some back-ups
4 mins
December 16, 2025
The New Indian Express Kottayam
Lack of road for ambulance leaves pregnant woman, unborn child dead
A pregnant tribal woman, Sukri Kumari, and her unborn child were killed in Jharkhand's Gumla due to a lack of roads in the village.
1 min
December 16, 2025
Listen
Translate
Change font size