IndusInd Bank back in black, ex-SBI executive Basu new chairman
Mumbai: IndusInd Bank swung back to profit in the Dec quarter, reversing a Sept-quarter loss, but earnings stayed sharply lower year-on-year as the lender shrank its balance sheet and absorbed higher provisions. It posted a net profit of Rs 128 crore for Q3FY26, against a Rs 437 crore loss in Q2. A year earlier, profit stood at Rs 1,402 crore.
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