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Will infuse more equity if needed: IndusInd promoter

The Morning Standard

|

May 23, 2025

THE promoters of crisis-hit IndusInd Bank have assured investors and depositors that they remain committed to supporting the bank if there is a need for more equity infusion.

- DIPAK MONDAL @New Delhi

Will infuse more equity if needed: IndusInd promoter

"Though capital adequacy of the bank is healthy, for business growth, should further equity be required, IIHL, as the promoter Bank, remains committed to supporting the bank, as it has done over the past 30 years," said Ashok P Hinduja, chairman, IndusInd International Holdings, promoter of the bank.

The bank reported a net loss of ₹2,329 crore in Q4FY25 due to higher provisions for derivative losses. This is the first time in 19 years the bank has reported quarterly losses.

FLERE HISTORIER FRA The Morning Standard

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Ball in West's court, Putin says in annual TV address

RUSSIAN President Vladimir Putin said on Friday Russia would not attack other countries on the condition it was treated “with respect”, dismissing concerns that Moscow poses a security threat to NATO’s eastern flank states.

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Bondi attack accused renewed passport in Hyderabad in ’22

SAJID Akram, one of the accused in the Bondi Beach attack in Australia, renewed his passport during a visit to Hyderabad in July 2022, a source told this newspaper.

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... In MP, 41.80L set to be removed from voter list

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RBI okays risk-based deposit insurance framework

THE Central Board of Directors of the RBI on Friday approved risk-based deposit insurance framework for banks.

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INDIAN MEN FS WRESTLERS MAY HAVE A RUSSIAN COACH

FORMER Russian wrestler Anatoly Beloglazov, the 1980 Moscow Olympics 52kg gold medallist, looks set to take over as foreign wrestling coach of the Indian men’s freestyle unit.

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Medical student from Valley missing in Russia

A 21-year old man from Jammu and Kashmir’s Reasi district, Gaurav Singh Nag, who was studying MBBS in Russia, has gone missing since December 10.

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Manjhi ‘clears the air’ in video, says managed to swing votes via DM

A video claiming to show Union minister and Hindustani Awam Morcha (HAM) leader Jitan Ram Manjhi speaking about influencing an election result went viral on Friday, sparking an uproar among opposition parties.

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CONG KEEPS G-RAM-G PLAN for CWC MEET

THE Congress on Friday said it will strongly oppose any move to scrap MGNREGA, with Leader of Opposition in the Lok Sabha Rahul Gandhi accusing the Modi government of dismantling the rights-based law.

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EU agrees 90-bn-euro loan for Ukraine to plug budget shortfall

EUROPEAN

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December 20, 2025

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Jaishankar says India-EU FTA reaches decisive phase

Defence and security cooperation in focus

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December 20, 2025

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