India's IndusInd Bank posts quarterly profit drop
The country's fifth largest private lender by assets said its profit fell 68% to 6.84 billion rupees ($78.93 million) for the quarter ended June 30.
In the previous quarter, IndusInd had reported its biggest-ever quarterly loss, as it took a $230 million hit to its accounts in the year ended March 31 due to years of misaccounting of internal derivative trades.
($1 = 86.6600 Indian rupees)
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The Independent
2 hours ago
- The Independent
India to defy Trump's threats and keep buying Russian oil, government sources say
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BBC News
5 hours ago
- BBC News
How South Korea's K-beauty industry is being hit by Trump tariffs
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Sky News
5 hours ago
- Sky News
India hints it will keep buying Russian oil
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