Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the change-wp-admin-login domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u168781334/domains/cashmycurrency.com/public_html/wp-includes/functions.php on line 6260
IndusInd Bank beats Q4 profit view on fewer new bad loans – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

IndusInd Bank beats Q4 profit view on fewer new bad loans

IndusInd Bank beats Q4 profit view on fewer new bad loans

IndusInd’s provisions and contingencies declined 38.6% year-on-year and 29% from the previous quarter to ‌₹14.84 billion. File
| Photo Credit: Reuters

India’s IndusInd Bank reported a ​bigger-than-expected fourth-quarter profit on Friday (April 24, 2026), as the pace of additions to ‌bad loans slowed, with provisions also dropping. The private lender ​posted a profit of ₹5.33 billion for the quarter ended March 31, beating analysts’ expectation of ₹3.89 billion, per LSEG- compiled data.

In the year-ago quarter, the ‌bank had reported its biggest-ever quarterly loss due to years of misaccounting of internal derivative trades. Analysts said stress ‌in segments such as microfinance, where IndusInd Bank grappled ‌with ⁠high bad loans, would ease during the quarter, as ⁠the bank tightened lending, helping limit new bad loans and improving its asset quality.

Scroll to Top