IndusInd Bank Q4 Results

The bank board met on Wednesday to approve the financial results for the March quarter and for 2024-25 fiscal. IndusInd Bank reported a net loss of ₹2,328.9 crore on a consolidated basis for the fourth quarter ended March 31, 2025, mainly on account of higher provisioning and lower income. The private sector bank has been embroiled in accounting lapses, fraud in microfinance portfolio and balance sheet disclosures during the March quarter of FY'25, which triggered an internal audit review, top-level resignations, and a forensics probe. Source - Mint