Indusind Bank Ltd

The bank reported pre-tax loss of Rs 583.85 crore in Q2 FY26 compared with pre-tax profit of Rs 1,779.73 crore posted in corresponding quarter last year. The bank's financial results include the financial results of its wholly owned subsidiary, Bharat Financial Inclusion Limited (BFIL), a business correspondent (BC) of the Bank involved in originating small ticket loans for the Bank and IndusInd Marketing and Financial Services Private (IMFS), an associate of the Bank. The bank reported a consolidated net loss of Rs 436.88 crore in Q2 FY26 compared with net profit of Rs 1331.29 crore in Q2 FY25. Total income declined 10.8% YoY to Rs 13,259.91 crore in Q2 FY26. Pre-provision operating profit (PPOP) stood at Rs 2,047 crore for Q2 FY26 as against Rs 3,600 crore for corresponding quarter last year. Net Interest Income (NII) for the Q2 FY26 at Rs 4,409 crore, registering de-growth of 17.54% compared to Q2 FY 25 at Rs 5,347 crore. Net interest margin (NIM) fell 3.32% in Q2 FY26 as against 3.46% in Q2 FY25. The bank's deposits declined 6% to Rs 3,89,600 crore in Q2 FY26 compared with Rs 4,12,397 crore in Q2 FY25. CASA deposits stood at Rs 1,19,771 crore with current account deposits at Rs 31,916 crore and Savings Account deposits at Rs 87,854 crore. CASA deposits comprised 31% of total deposits as on September 30, 2025. Advances as of September 30, 2025, were at Rs 3,25,881 crore, down 8.78% as against Rs 3,57,159 crores posted in corresponding quarter last year. Gross NPA were at 3.60% of gross advances as on September 30, 2025, as against 3.64% as on June 30, 2025. Net NPA were 1.04% of net advances as on September 30, 2025, as compared to 1.12% as on June 30, 2025. Gross NPA stood at Rs 12,057.75 crore as on 30th September 2025 as against 7,638.52 crore as on 30th September 2024. Net NPA as on 30th September 2025 was at Rs 3,399.37 crore as against Rs 2,282.01 crore as on 30th September 2025. The bank's total capital adequacy ratio as per basel III guidelines (excluding half yearly profits) stands at 17.10% as on September 30, 2025, as compared with 16.51% as on September 30, 2024. Tier 1 CRAR (excluding half yearly profits) was at 15.88% as on September 30, 2025, compared with 15.21% as on September 30, 2024. As of September 30, 2025, the bank's distribution network included 3,116 branches/ banking outlets and 3,054 onsite and offsite ATMs, as against 3,040 branches/banking outlets and 3,011 onsite and offsite ATMs, As of September 30, 2024. The client base stood at approximately 42 million as on September 30, 2025. Rajiv Anand, the MD and CEO, IndusInd Bank said: 'During Q2FY26, the Bank consolidated its balance sheet by letting go wholesale deposits and being cautious on microfinance disbursements. Nevertheless, our core pre-provision operating profit at Rs 1,940 crore remained stable QoQ. Our asset quality trends have been stable in all core businesses except in microfinance wherein industry is facing cyclical pressures. The Bank accelerated write-offs as well as increased provisions on microfinance as a prudent measure. While this has resulted in the Bank showing a loss in Q2, we believe this strengthens the balance sheet and fast-tracks normalisation of underlying profitability.' 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 0.47% to Rs 754.95 on the BSE.Powered by Capital Market - Live

Net loss of IndusInd Bank reported to Rs 436.88 crore in the quarter ended September 2025 as against net profit of Rs 1331.29 crore during the previous quarter ended September 2024. Total Operating Income declined 8.49% to Rs 11608.63 crore in the quarter ended September 2025 as against Rs 12686.28 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Total Operating Income11608.6312686.28 -8 OPM %42.7654.66 - PBDT-583.851779.73 PL PBT-583.851779.73 PL NP-436.881331.29 PL Powered by Capital Market - Live

IndusInd Bank will hold a meeting of the Board of Directors of the Company on 18 October 2025.Powered by Capital Market - Live

Viral Damania is a qualified Chartered Accountant, Company Secretary, and Cost & Works Accountant and holds an ISACA certification in Information Systems Audit and Control. He is a seasoned finance leader with over 27 years of professional experience across banking and professional services. Most recently, he served as the chief financial officer (CFO) for Bank of America India, where he oversaw the Bank's branch entity and BofA Securities India. Prior to Bank of America, he worked with Citibank N.A. in India, Bangladesh, and Sri Lanka and with Price Waterhouse Coopers. Consequent to this appointment, the additional responsibilities of Santosh Kumar as special officer-finance & accounts and his categorization as a key managerial person cease with immediate effect. Santosh Kumar will continue to be the deputy CFO of the bank. 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 counter declined 1.14% to Rs 734.85 on the BSE.Powered by Capital Market - Live

 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