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The Economic Times

Business / The Economic Times

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IndusInd net falls on rise in provisions, expects better Q4

IndusInd Bank's net profit plummeted 91% to 128 crore in the third quarter due to deteriorating asset quality and increased provisions. Despite this sharp decline, the bank returned to profitability after a significant loss in the previous quarter, which was impacted by microloan provisions and derivative misreporting issues.

24 Jan 2026 6:47 am