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IndusInd Bank says 'legacy issue behind us'; profit falls 68%
The New Indian Express Tirupati
|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
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FLERE HISTORIER FRA The New Indian Express Tirupati
The New Indian Express Tirupati
Dalit Cong leaders knock on Mayawati door, get notice
TWO senior Dalit leaders of the Congress party were served show-cause notices by the UP Congress Committee (UPCC) after they allegedly led a delegation of several Dalit leaders of the party to BSP chief Mayawati’s Lucknow residence on Tuesday evening.
1 min
May 21, 2026
The New Indian Express Tirupati
New rules soon to speed up Metrino pod systems in major cities: Gadkari
AS existing regulations don’t support the implementation of automated driverless electric “Pods”, the Centre is planning to amend existing rules and frame new standards to speed up the introduction of the innovative urban transport system.
1 mins
May 21, 2026
The New Indian Express Tirupati
India, S Korea firm up defence cyber safety ties
INDIA and South Korea on Wednesday moved to widen defence cooperation into emerging technology and joint production, with New Delhi and Seoul looking to build on the K-9 Vajra artillery programme model in other defence sectors amid growing regional security tensions.
1 mins
May 21, 2026
The New Indian Express Tirupati
J&K names school after Pahalgam ponywallah who took on terrorist
A year after the Pahalgam terror attack claimed 26 lives, the Jammu and Kashmir government has named a school in Anantnag district after Adil Hussain Shah, the ponywallah who was killed by terrorists.
1 mins
May 21, 2026
The New Indian Express Tirupati
Banks can block financed phones for default: RBI
BANKS may be allowed to block phones and disable other electronic devices bought on loan, in case the borrower defaults, the Reserve Bank of India (RBI) said in its second draft guidelines on loan recovery, released on Wednesday.
1 min
May 21, 2026
The New Indian Express Tirupati
Bagan among seven ISL clubs to be denied AIFF license
THE All India Football Federation (AIFF) rejected the applications of Kerala Blasters, Chennaiyin FC and defending ISL champions Mohun Bagan Super Giant when they announced the licensing for 2025-27 season.
1 min
May 21, 2026
The New Indian Express Tirupati
10K rescued on landslide-hit Kedarnath route
Joint teams of the State Disaster Response Force (SDRF) and the National Disaster Response Force (NDRF) rescued over 10,000 stranded pilgrims after a massive landslide blocked the crucial Kedarnath Yatra route on Tuesday night.
1 min
May 21, 2026
The New Indian Express Tirupati
UP, Bihar lead in dowry death cases: NCRB data
SEVENTEEN months after her wedding, 24-year-old Deepika Nagar died in a Greater Noida hospital with a ruptured spleen, a brain haematoma, internal bleeding and multiple bruises across her body, according to an autopsy report that has sharpened allegations of dowry violence against her husband and in-laws.
1 mins
May 21, 2026
The New Indian Express Tirupati
BJP eyes elusive victory in Falta bypoll today, Left hopes to regain lost space
RE-POLLING in the high-voltage Falta assembly constituency under the Diamond Harbour Lok Sabha in South 24 Parganas district of West Bengal is set to take place on Thursday amid tight security arrangements.
1 mins
May 21, 2026
The New Indian Express Tirupati
India, eastern neighbours start military exercise
A two-week military exercise involving 13 countries began at the Umroi Military Station in Meghalaya on Wednesday.
1 min
May 21, 2026
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