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IndusInd Bank says 'legacy issue behind us'; profit falls 68%
The New Indian Express Chennai
|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
Denne historien er fra July 29, 2025-utgaven av The New Indian Express Chennai.
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FLERE HISTORIER FRA The New Indian Express Chennai
The New Indian Express Chennai
Pilots to face tougher alcohol test rules
A massive step towards ensuring safer air travel for all has been taken by the aviation regulator, the Directorate General of Civil Aviation (DGCA).
1 mins
October 01, 2025
The New Indian Express Chennai
SHARE MAHANADI WATER WITH TIME-BOUND PLAN
THE dispute between Odisha and Chhattisgarh over the Mahanadi river water finally seems headed towards an amicable resolution, if the recent warmth between the two states is anything to go by.
1 mins
October 01, 2025
The New Indian Express Chennai
Aadhav booked for deleted post calling for Nepal-like ‘uprising’
THE Greater Chennai Police on Tuesday registered a case against TVK general secretary (election campaign management) Aadhav Arjuna for allegedly posting a provocative message on social media regarding the stampede at the Vijay's Karur rally.
1 min
October 01, 2025
The New Indian Express Chennai
Mumbai-Delhi flight gets hoax bomb threat
ANXIOUS moments were witnessed after an IndiGo flight from Mumbai to Delhi carrying over 200 passengers landed at the Indira Gandhi International Airport (IGIA) on Tuesday morning.
1 min
October 01, 2025
The New Indian Express Chennai
NDA team seeks investigation by sitting SC judge
BJP MP Anurag Thakur on Tuesday said a sitting Supreme Court judge should hold an inquiry into the circumstances that led to the stampede in Karur on Saturday in which 41 people died.
1 min
October 01, 2025
The New Indian Express Chennai
MP univ tech students punished for ragging juniors plot 'Gen-Z' protests
After probe, panel recommends lodging of FIR
1 mins
October 01, 2025
The New Indian Express Chennai
‘Nobody should instigate violence, Arjuna’s post against sovereignty’
REFERRING to TVK general secretary (election campaign management) Aadhav Arjuna's social media post calling for a Nepal-like Gen Z protest against the DMK government in the state, DMK MP A Raja said Vijay's party wants a rebellion in Tamil Nadu, which is against the sovereignty of India.
1 min
October 01, 2025
The New Indian Express Chennai
4.5L cases of crime against women in '23: NCRB
INDIA has recorded nearly 4.5 lakh incidents of crime against women in 2023, which is marginally up from the figures in the past two years.
1 mins
October 01, 2025
The New Indian Express Chennai
Kanu Behl's Agra gets release date
AFTER doing rounds at major international film festivals in the last two years, Kanu Behl's Agra has finally got a theatrical release.
1 min
October 01, 2025
The New Indian Express Chennai
EPS quells dissent, 40 AIADMK functionaries stripped of party posts
AIADMK general secretary Edappadi K Palaniswami on Tuesday removed 40 functionaries from their party posts in the Erode Rural West district.
1 min
October 01, 2025
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