IndusInd Bank

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IndusInd Nippon Life Insurance on Monday reported 15.12 per cent rise in profit after tax at Rs 248 crore for financial year 2025-26, on the back of high growth in new business premium. A year ago, the company had reported a net profit of Rs 215.43 crore. New business premium of the company increased 18.5 per cent year-on-year to Rs 1,475 crore in FY26. The total premium grew 5.95 per cent to Rs 6,051 crore. During the fiscal year, the assets under management (AUM) of the company surged 3.85 per cent year-on-year to Rs 40,214 crore, a statement said. "The strong growth in new business premium, along with improved profitability, is a testament to the trust our customers place in us and the commitment of our teams on the ground," Ashish Vohra, executive director and chief executive officer of IndusInd Nippon Life Insurance said. The claims settlement ratio of the insurer stood at 98.98 per cent in FY26. However, solvency ratio declined to 218 per cent, from 235 per cent. Additional

IndusInd Bank posted a net profit of ₹594.17 crore for Q4, as compared to a net loss of ₹288.71 crore a year ago.

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Bank is likely to grow broadly in line with the market, both in assets and liabilities, says its MD & CEO

IndusInd Bank strengthens its board with key executive and independent director appointments after leadership changes triggered by last year's accounting lapse

In the year-ago quarter, the bank had reported its biggest-ever quarterly loss due to years of misaccounting of internal derivative trades

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Tribunal says IndusInd Bank's former deputy CEO Arun Khurana has already received documents relied upon by Sebi and cannot seek access to the entire dataset at this stage

Banerjee, who has been the head of the global markets group at IndusInd Bank since 2020, has informed the management about his decision

Emkay Global upgrades IndusInd Bank to Buy and raises target price to ₹1,100, citing leadership change, earnings recovery, RoA improvement, and asset quality moderation

ICAI has set up a special team to fast-track high public-interest cases, including Gensol Engineering and IndusInd Bank, while pushing reforms in skilling and audits

IndusInd Bank reported a 90 per cent decline in its consolidated net profit to ₹128 crore in the December quarter of the financial year 2025-26

Sunil Mehta to step down from the helm of IndusInd following completion of his term on Jan 30

Sunil Mehta to step down as chairman and director

Arijit Basu quits HDB Financial Services and is appointed part-time chairman of IndusInd Bank, replacing Sunil Mehta, who demits office at end of his term

IndusInd Bank reported a sharp fall in profit in Q3FY26 amid a decline in net interest income, while asset quality weakened with gross NPAs rising to 3.56 per cent

Mehta will be succeeded by Arijit Basu, who most recently was the chairman at non-banking finance ​company HDB Financial Services, a unit of India's top private lender HDFC Bank

IndusInd Bank shares rose to the highest level in over nine months even after it reported a drop in third-quarter advances and deposits