Derivative fraud drags IndusInd Q4 to new low
- Posted on May 21, 2025
- By Financial Express
- 1 Views
Derivative fraud drags IndusInd Q4 to new low
IndusInd Bank reports a Q4FY25 loss of Rs 2,236 crore—its worst in 19 years—amid derivative fraud and microfinance misreporting. Net profit for FY25 fell 70% YoY. Rising NPAs, accounting lapses, and governance issues cloud future outlook as the bank seeks RBI nod for a new CEO by June 30.
