ALPHA TRIBE

IndusInd Bank LimitedBoard Meeting, 28-07-2025: Outcome of Board Meeting

28-07-2025 | 05:27 pm

IndusInd Bank's Board has approved its quarterly consolidated financial results. For the quarter ended June 30, 2025, the bank reported a net profit of Rs. 6,041.07 crore. Asset quality metrics stood at Gross NPA of 3.13% (Rs. 11,046.39 crore) and Net NPA of 1.12% (Rs. 3,721.52 crore).

The bank also addressed past accounting discrepancies from FY25, involving Rs. 1,959.98 crore in derivative trades, Rs. 846.40 crore in MFI income, and Rs. 595.00 crore in manual entries. To tackle this, IndusInd Bank has formed a Project Management Group to enhance systems and controls, while initiating disciplinary action against involved personnel.

No comments yet. Be the first to comment!

All announcements from IndusInd Bank Limited