Ashok Hinduja backs IndusInd Bank board amid fraud concerns, calls it a ‘new dawn’ for the lender

IndusInd International’s Ashok Hinduja backed the bank’s leadership after suspected internal fraud surfaced. He praised swift corrective action, regulatory compliance, and reaffirmed IIHL’s financial support. Despite accounting lapses, core operations remain strong as the bank aims to restore credibility.

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LIC Housing Fin Q2 net profit grows 12% YoY

LIC Housing Finance experienced a 12% year-on-year increase in consolidated net profit, reaching ₹1,507 crore. Total income for the quarter rose by 1.5% compared to

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