ICICI Lombard witnessed a slight dip in net profit, reporting Rs 510 crore for the quarter ended March 31, despite a rise in total income and gross direct premium income. The board recommended a final dividend of Rs 7 per share.
IndusInd to provide for Rs 1,960 cr losses in Q4, to take action against staff
Appointed firm submitted its report on April 26, determining that the cumulative adverse impact on the bank’s profit and loss account stood at ₹1,959.98 crore