Prøve GULL - Gratis
IndusInd loss at ₹2,329 cr; CEO pick in advance stage
The New Indian Express Kochi
|May 22, 2025
CRISIS-hit IndusInd Bank has reported a net loss of ₹2,329 crore in the fourth quarter due to a 2.65 times rise in provisions to account for the derivative losses identified by the RBI.
In a statement, the bank said it has accounted for and reflected the impact (of the losses) while finalising results for the quarter/12-month ended March 31, 2025. Its financials now reflect full and fair representation of all the concerns brought to its attention, the bank said.
Though it has reported losses in Q4, for the full year of FY25, net profit stood at ₹2,575 crore. Net interest income (NII) for FY25 stood at ₹19,031 crore against ₹20,616 crore in FY24.
Denne historien er fra May 22, 2025-utgaven av The New Indian Express Kochi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Kochi
The New Indian Express Kochi
HOW TO HELP THOSE WHO HELP US
THE Supreme Court, in the Ajay Malik (2025) case, has underlined the urgency for a legal framework to protect and regulate domestic workers’ rights. The judgement stated, “Any avenue for employment—domestic help—being opened to marginalised women merit celebration” and that the legal gaps must be plugged to ensure the rights of this indispensable workforce for Indian households.
3 mins
October 03, 2025
The New Indian Express Kochi
PSG stun Barcelona, Manchester City held by Monaco
TITLE-holders Paris Saint-Germain came from behind to beat Barcelona 2-1 with a last-minute goal in the Champions League on Wednesday, while Manchester City had to settle for a draw in Monaco despite Erling Haaland's double.
1 mins
October 03, 2025
The New Indian Express Kochi
Democracy under attack, says Rahul, lights into RSS with 'cowardice’ jibe
IN a scathing attack on the BJP and its ideological mentor RSS on its 100th anniversary, senior Congress leader Rahul Gandhi said “cowardice was at the heart of the ideology of both the outfits” and that “democracy is under attack in India”.
1 mins
October 03, 2025
The New Indian Express Kochi
Experienced pilots could join AI crash probe
THE Aircraft Accident Investigation Bureau (AAIB), which is presently working on its final report on the AI 171 crash at Ahmedabad, has asked The Airline Pilots’ Association of India (ALPA INDIA) to attend a consultation meeting at the DGCA head office in New Delhi on Friday (Oct 3).
1 min
October 03, 2025
The New Indian Express Kochi
Interstellar comet 3I/Atlas set to make spectacular close sweep past Mars today
A comet from another star system will swing by Mars on Friday as a fleet of spacecraft trains its sights on the interstellar visitor.
1 min
October 03, 2025
The New Indian Express Kochi
Vocalist Pt Channulal Mishra passes away
RENOWNED classical singer and Padma Vibhushan awardee Pandit Channulal Mishra passed away at his residence in Mirzapur, in Eastern UP, after prolonged illness on Thursday.
2 mins
October 03, 2025
The New Indian Express Kochi
PLANNING TO BUY IPHONE 17 OR 17 PRO?
Here are our thoughts and recommendations.
5 mins
October 03, 2025
The New Indian Express Kochi
Indian Railways accelerates export efforts to establish global presence
KEEPING pace with its ongoing infrastructure development across the country, Indian Railways is also making determined efforts to establish a global presence by rapidly emerging as an exporter of critical railway equipment to several nations.
1 mins
October 03, 2025
The New Indian Express Kochi
GUARANTEES PAY BACK IN DEVELOPMENT GAINS
OMEN could remain Karnataka Chief Minister Siddaramaiah’s biggest cheerleaders if a report on his government’s five guarantees is any indication.
1 mins
October 03, 2025
The New Indian Express Kochi
Highway signboards to get more informative, commuter-friendly
TRAVELLING on India’s highways is set to become more convenient, with the National Highways Authority of India (NHAI) revising its guidelines for roadside signboards to make them more informative and user-friendly.
1 mins
October 03, 2025
Listen
Translate
Change font size