Indusind Bank suffers a major setback after 20 years, loss of ₹2,329 crore in the fourth quarter

Indusind Bank: Wrong accounting and fraud in microfinance have pushed Indusind Bank into losses after 20 years. The bank has incurred a net loss of ₹2,329 crore in the fourth quarter of FY 2024-25. The main reason for this is the high provision for fraud.

  Business