IndusInd Bank Limited — Others, 07-08-2025: Shareholders meeting
07-08-2025 | 10:51 pm
07-08-2025 | 10:51 pm
IndusInd Bank has released its Integrated Annual Report for FY2024-25 and announced its 31st Annual General Meeting for August 29. For FY2025, the bank reported a Profit After Tax of ₹2,576 crore on deposits of ₹4,11,078 crore and advances of ₹3,45,018 crore. The bank focused on digital banking expansion via INDIE platforms and a disciplined loan strategy. Significant internal reviews addressed accounting discrepancies, strengthening controls. Mr. Sumant Kathpalia resigned as MD & CEO; Mr. Rajiv Anand has been appointed his successor. M/s. Borkar & Muzumdar were also proposed as new Joint Statutory Auditors. The bank maintains a 16.24% Capital Adequacy Ratio.
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