Coverage
IndusInd Bank
IndusInd Bank Q1 FY27 profit jumps 72% to ₹1,037 Cr as NII stays flat
Net profit surged on lower credit provisions, not core lending growth, as interest income grew just 1% and asset quality improved.
IndusInd Bank faces insider trading probe; ₹46 cr illicit gains alleged
A whistleblower complaint names a former zonal head for allegedly generating ₹46 crore through trades worth ₹815 crore before public disclosures. RBI and SFIO are now reviewing the bank's financials.
Moody's upgrades IndusInd Bank on leadership stability and liquidity repair
The rating agency cited senior management stabilization and moderated funding pressures as drivers of improved creditworthiness. Profitability gains are projected over 12–18 months.
IndusInd Bank under probe after alleged recovery agent assault on borrower
Two separate FIRs have been filed following an altercation between the bank's recovery agents and a borrower over unpaid credit card dues. Law enforcement authorities have summoned bank officials.
IndusInd Bank's Treasury Head Siddharth Banerjee to step down next month
The departure marks another executive shift at the lender as IndusInd pursues management restructuring and 2026 growth targets.
IndusInd Bank reasserts Board authority over strategic decisions amid governance review
MD & CEO Rajiv Anand signals stronger institutional oversight as the bank reinforces internal controls and Board-led decision-making following recent challenges.
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