Indusind bank share price: IndusInd Bank has taken important steps to increase the bank’s surveillance on internal operations. Under this, the bank has given the command of internal audit to Pragati Gondhalekar. The bank’s move has come at a time when Rajiv Anand has been appointed as MD and CEO shortly before. However, his shares are not looking special. It is currently at ₹ 755.60 with a gain of 0.39% on BSE. Let us know that after the disclosure of flaws in derivative accounting and Microfinance Institutes (MFI) book, there were several resignations at the senior level in the bank including CEO Sumant Kathpalia since April.
Senior leadership is ready again in Indusind Bank
After the recent shocks like IndusInd Bank’s focus accounting flaws and strict stance of SEBI regarding it, now the senior leadership is on preparing. The bank chairman Sunil Mehta had told the analysts in the June quarter call that wherever the posts are vacant, a better candidate is being searched inside the bank and from outside the bank to fill it. He has expressed hope that all posts will be filled with time. Under this episode, now progress has been given the command of Internal Audit. Earlier, there was a Country Head (Group Audit) in Pragati Deutsche Bank. She has also worked in L&T Financial, PWC.
How is health?
The first quarter of the current financial year 2026, in April 2025, IndusInd Bank’s net profit on standalone basis was ₹ 684.25 crore. This is a year ago’s profit ₹ 2152.16 crore less than 68%. The total income also declined by about 4% to Rs 14420.12 crore on an annual basis. Net Income (NII) from the bank’s interest also fell 14.2% to ₹ 4640 crore during this period. IndusInd Bank’s gross NPA ratio increased to 3.64% in the June 2025 quarter. A year ago it was 2.02%. The net NPA ratio increased to 1.12%, which was 0.60% in the June 2024 quarter. The ratio of the return on assets came down to 0.51%. It was 1.68% in the same quarter a year ago.
Now in a year, when we talk about the move of shares, IndusInd Bank shares were at ₹ 1498.70 on 19 September 2024 last year, which is a record high of one year for its shares. From this high, it slipped 59.60% in six months to ₹ 605.40 on 12 March 2025, which is a record low of one year for its shares.
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