IndusInd Bank Limited — Updates, 21-05-2025: Press Release

IndusInd Bank has announced a board meeting on key financial updates. Full-year net profit stood at ₹2,575 Cr despite a Q4 loss from identified irregularities. Advances grew 1% to ₹3.45 lakh Cr, deposits rose 6.8% to ₹4.11 lakh Cr with CASA at 32.8%. Asset quality weakened with Gross NPA at 3.13%, while provision coverage remained at 70%. Operating expenses increased sharply, causing PPOP to dip to ₹10,661 Cr. CEO search continues, with interim leadership managing the bank.