Indusind Bank Ltd

 CRED has launched a new credit card program with rewards across all e commerce, and instant, flexible redemption on flights, hotels, hundreds of merchants, and thousands of products. The first launch in this program is the CRED IndusInd Bank Rupay credit card. Kunal Shah, founder, CRED said, 'The creditworthy deserve the freedom of choice. The new CRED credit card program turns every online spend into an act of self-expression, with rewards that follow taste, not terms. Instant redemption upgrades every transaction, merging product, platform, and privilege into a seamless lifestyle extension.' Soumitra Sen, Country Head - Consumer Banking & Marketing, IndusInd Bank said, 'The IndusInd CRED partnership is a natural fit - both brands share a DNA of innovation, exclusivity, and premium experiences. CRED brings a highly curated, digital-native community, while IndusInd brings the banking pedigree, credit expertise, and lifestyle benefits. Together, this co-brand will capture the fast-growing e commerce and affluent spend segment, positioning the card as the default choice at checkout and reinforcing our leadership in the premium consumer space.'Powered by Capital Market - Live

IndusInd Bank Ltd lost 0.16% today to trade at Rs 745.55. The BSE BANKEX index is down 0.16% to quote at 60018.05. The index is down 3.56 % over last one month. Among the other constituents of the index, ICICI Bank Ltd decreased 0.12% on the day. The BSE BANKEX index went up 3.1 % over last one year compared to the 2.59% fall in benchmark SENSEX. IndusInd Bank Ltd has lost 7% over last one month compared to 3.56% fall in BSE BANKEX index and 1.81% drop in the SENSEX. On the BSE, 7437 shares were traded in the counter so far compared with average daily volumes of 1.43 lakh shares in the past one month. The stock hit a record high of Rs 1498.7 on 19 Sep 2024. The stock hit a 52-week low of Rs 605.4 on 12 Mar 2025.Powered by Capital Market - Live

Rajiv Anand holds a degree in Commerce and is a qualified Chartered Accountant. He was deputy managing director at Axis Bank. In this role, he led the bank's wholesale banking business and was also responsible for driving the digital agenda of the bank. He has held key management positions at leading global financial institutions and in capital markets & banking. He joined Axis asset management company in 2009 as its founding managing director & CEO. In his next assignment, he was appointed president of retail banking at Axis Bank. Subsequently, he was inducted into the board of the Axis Bank and took over as the head of wholesale banking. The board had constituted the Committee of Executives to oversee the operations of the bank, under the oversight and guidance of the Oversight Committee of the board. With the assumption of charge by MD & CEO effective on 25th August 2025, the Committee of Executives and Oversight Committee of the board thus stands dissolved. Sunil Mehta, the chairman of the board of directors, IndusInd Bank said: 'On behalf of the Board, I welcome Rajiv Anand as the MD & CEO of the Bank. The board looks forward to working closely with Mr. Anand and the management team and taking it to new heights. The board also appreciates the efforts of the Oversight Committee and the Committee of Executives. During this interim period, the bank has made robust progress ascertaining root causes of legacy issues and addressing control gaps. The board also made significant progress in assessing individual roles and responsibilities and fixing staff accountability. The bank is now embarking on growth journey under the new leadership while prioritizing highest standards of governance and integrity.' Indusind Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans. The bank reported a 68.21% decline in standalone net profit to Rs 684.25 crore on 3.79% fall in total income to Rs 14,420.12 crore in Q1 FY26 over Q1 FY25. The scrip shed 0.48% to Rs 768.30 on the BSE.Powered by Capital Market - Live

Through this strategic collaboration, the Bank will work towards accelerating credit delivery and extending comprehensive financial support to over 6.7+ crore Udyam-registered micro, small and medium enterprises (MSMEs) across the country. IndusInd Bank will extend customized banking solutions to MSMEs associated with NSIC, including working capital, term loans, and structured credit facilities. Indusind Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans. The bank reported a 68.21% decline in standalone net profit to Rs 684.25 crore on 3.79% fall in total income to Rs 14,420.12 crore in Q1 FY26 over Q1 FY25. The scrip fell 1.46% to currently trade at Rs 766.90 on the BSE. Powered by Capital Market - Live

IndusInd Bank has allotted 20,100 equity shares under ESOS on 12 August 2025. The Paid up Share Capital of the Bank has accordingly increased from. Rs. 7,790,558,720 (779,055,872 equity shares of Rs.10/- each) to Rs. 7,790,759,720 (779,075,972 equity shares of Rs.10/-each) Powered by Capital Market - Live

Rajiv Anand is the former deputy managing director of Axis Bank, where he led the Wholesale Banking division and was instrumental in driving the bank's digital transformation agenda. He brings extensive experience in Capital Markets and Banking, having held senior management positions at several leading global financial institutions. Rajiv joined Axis Asset Management in 2009 as its founding managing director & CEO. He later transitioned to Axis Bank, where he was appointed President of Retail Banking. Following this, he was inducted into the Board of Axis Bank and took charge as Head of Wholesale Banking. He holds a Commerce degree and is a qualified Chartered Accountant. Commenting on this appointment, Sunil Mehta, the chairman of the board of directors, IndusInd Bank said: 'On behalf of the Board, I congratulate Rajiv Anand on his appointment as the MD & CEO of the Bank. The Board looks forward to working closely with Rajiv and the management team to deliver strong and robust growth while prioritizing highest standards of governance. The Board would like to express its gratitude to the Reserve Bank of India for its invaluable support throughout the process. The Board, the Management team and all employees look forward to welcoming Rajiv to the IndusInd family and growing this franchise to it's full potential.' Indusind Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans. The bank reported a 68.21% decline in standalone net profit to Rs 684.25 crore on 3.79% fall in total income to Rs 14,420.12 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

Profit from ordinary activities before tax dropped 68.22% YoY to Rs 914.38 crore in Q1 June 2025. The bank's financial results include the financial results of its wholly owned subsidiary, Bharat Financial Inclusion (BFIL), a business correspondent (BC) of the Bank involved in originating small ticket loans for the Bank and IndusInd Marketing and Financial Services (IMFS), an associate of the Bank. The bank reported a 72.17% decline in consolidated net profit to Rs 604.07 crore on 3.79% fall in total income to Rs 14,420.80 crore in Q1 FY26 over Q1 FY25. Net interest income (NII) tumbled 17.53% to Rs 4,460 in Q1 FY26 compared with Rs 5,408 crore posted in same quarter last year. Net interest margin (NIM) stood at Rs 3.46% in Q1 FY26 as against 4.25% in Q1 FY25. The bank's deposits stood at Rs 3,97,144 crore as on 30th June 2025, registering the de-growth of 0.34% against Rs 3,98,513 crore as on 30th June 2024. CASA deposits were at Rs 1,25,006 crore, with current account deposits at Rs 33,892 crore and savings account deposits at Rs 91,113 crore. Advances were Rs 3,33,694 crore as of June 30, 2025, as against Rs 3,47,898 crore as on 30th June 2024. Gross NPA were at 3.64% as on 30th June 2025, as against 2.02% as on 30th June 2024. Gross NPA stood at Rs 12,480.56 crore as on 30th June 2025 as against 7,126.80 crore as on 30th June 2024. Net NPA stood at Rs 3,721.52 crore as on 30th June 2025 compared with Rs 2,095.47 crore as on 30th June 2024. The bank's total capital adequacy ratio (CRAR) as per Basel III guidelines (excluding Q1 profits) stood at 16.63% as on June 30, 2025, as compared to 17.04% as on June 30, 2024. Tier 1 CRAR (excluding Q1 profits) was at 15.48% as on June 30, 2025, compared to 15.64% as on June 30, 2024. As of June 30, 2025, the bank's distribution network included 3,110 branches/ Banking outlets and 3,052 onsite and offsite ATMs, as against 3,013 branches/banking outlets and 2,988 onsite and offsite ATMs, as of June 30, 2024. The client base stood at approximately 42 million as on June 30, 2025. Sunil Mehta, the chairman of the board of directors, IndusInd Bank said: The Bank has delivered clean and profitable Q1 results, marking a robust recovery from the challenges of the previous quarter. Leadership transition is progressing well, with our final recommendations being submitted to the regulator. The Board remains confident of moving forward as per planned timelines. The committee of executives has ensured seamless continuity and effective execution during this phase. The Bank has taken decisive action on legacy issues, strengthened governance, and enhanced operational controls The Bank is also actively working to integrate its diverse business lines under the 'One IndusInd' approach, unlocking synergies and delivering a unified banking experience to our customers.' Commenting on the performance, Soumitra Sen and Anil Rao, the members of the committee of executives, IndusInd Bank said: 'The Bank's Q1 performance reflects the resilience of our core businesses and financial transparency. We returned to profitability with a net profit of Rs 604 crore, supported by steady recovery in core businesses and calibrated actions on cost optimization. Our capital adequacy remains strong with CRAR at 16.63% (excluding Q1 profits), reflecting a solid balance sheet and foundation. Our focus remains on unlocking. profitability, enhancing operational efficiency, and deepening stakeholder trust.' Indusind Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans. The scrip rose 0.66% to Rs 807.45 on the BSE.Powered by Capital Market - Live

Net profit of IndusInd Bank declined 72.17% to Rs 604.07 crore in the quarter ended June 2025 as against Rs 2170.79 crore during the previous quarter ended June 2024. Total Operating Income declined 2.25% to Rs 12263.88 crore in the quarter ended June 2025 as against Rs 12546.77 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Total Operating Income12263.8812546.77 -2 OPM %51.1660.57 - PBDT807.332901.96 -72 PBT807.332901.96 -72 NP604.072170.79 -72 Powered by Capital Market - Live

Profit from ordinary activities before tax dropped 68.22% YoY to Rs 914.38 crore in Q1 June 2025. The Bank's financial results include the financial results of its wholly owned subsidiary, Bharat Financial Inclusion (BFIL), a business correspondent (BC) of the Bank involved in originating small ticket loans for the Bank and IndusInd Marketing and Financial Services (IMFS), an associate of the Bank. The bank reported a 72.17% decline in consolidated net profit to Rs 604.07 crore on 3.79% fall in total income to Rs 14,420.80 crore in Q1 FY26 over Q1 FY25. Net interest income (NII) tumbled 17.53% to Rs 4,460 in Q1 FY26 compared with Rs 5,408 crore posted in same quarter last year. Net interest margin (NIM) stood at Rs 3.46% in Q1 FY26 as against 4.25% in Q1 FY25. The bank's deposits stood at Rs 3,97,144 crore as on 30th June 2025, registering the de-growth of 0.34% against Rs 3,98,513 crore as on 30th June 2024. CASA deposits were at Rs 1,25,006 crore, with current account deposits at Rs 33,892 crore and savings account deposits at Rs 91,113 crore. Advances were Rs 3,33,694 crore as of June 30, 2025, as against Rs 3,47,898 crore as on 30th June 2024. Gross NPA were at 3.64% as on 30th June 2025, as against 2.02% as on 30th June 2024. Gross NPA stood at Rs 12,480.56 crore as on 30th June 2025 as against 7,126.80 crore as on 30th June 2024. Net NPA stood at Rs 3,721.52 crore as on 30th June 2025 compared with Rs 2,095.47 crore as on 30th June 2024. The Bank's total capital adequacy ratio (CRAR) as per Basel III guidelines (excluding Q1 profits) stood at 16.63% as on June 30, 2025, as compared to 17.04% as on June 30, 2024. Tier 1 CRAR (excluding Q1 profits) was at 15.48% as on June 30, 2025, compared to 15.64% as on June 30, 2024. As of June 30, 2025, the Bank's distribution network included 3,110 branches/ Banking outlets and 3,052 onsite and offsite ATMs, as against 3,013 branches/banking outlets and 2,988 onsite and offsite ATMs, as of June 30, 2024. The client base stood at approximately 42 million as on June 30, 2025. Sunil Mehta, the chairman of the board of directors, IndusInd Bank said: The Bank has delivered clean and profitable Q1 results, marking a robust recovery from the challenges of the previous quarter. Leadership transition is progressing well, with our final recommendations being submitted to the regulator. The Board remains confident of moving forward as per planned timelines. The committee of executives has ensured seamless continuity and effective execution during this phase. The Bank has taken decisive action on legacy issues, strengthened governance, and enhanced operational controls The Bank is also actively working to integrate its diverse business lines under the 'One IndusInd' approach, unlocking synergies and delivering a unified banking experience to our customers.' Commenting on the performance, Soumitra Sen and Anil Rao, the members of the committee of executives, IndusInd Bank said: 'The Bank's Q1 performance reflects the resilience of our core businesses and financial transparency. We returned to profitability with a net profit of Rs 604 crore, supported by steady recovery in core businesses and calibrated actions on cost optimization. Our capital adequacy remains strong with CRAR at 16.63% (excluding Q1 profits), reflecting a solid balance sheet and foundation. Our focus remains on unlocking. profitability, enhancing operational efficiency, and deepening stakeholder trust.' Indusind Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans. The counter fell 2.62% to settle at Rs 802.15 on the BSE.Powered by Capital Market - Live

IndusInd Bank announced that the 31th Annual General Meeting(AGM) of the bank will be held on 29 August 2025.Powered by Capital Market - Live