SFIO probes IndusInd Bank over accounting irregularities

New Delhi, Dec 24 (IANS) Private sector lender IndusInd Bank on Wednesday informed stock exchanges that the Serious Fraud Investigation Office (SFIO) has begun investigating the affairs of the bank under Section 212 of the Companies Act, 2013, and has sought relevant information related to accounting issues flagged earlier. In a regulatory filing, the bank […]
IndusInd Bank reports 39 pc drop in Q3 profit at Rs 1,402 crore

Mumbai, Jan 31 (IANS) IndusInd Bank on Friday reported a net profit of Rs 1,402 crore for the third quarter of the financial year 2024-25 (Q3 FY25), marking a 39 per cent decline compared to Rs 2,301 crore in the same quarter last year (Q3 FY24). The bank’s financial performance was impacted by higher provisions […]