IndusInd Bank reported a net loss of Rs 437 crore in the second quarter of FY26, a significant reversal from a profit of Rs 1,331 crore in the prior year. Net Interest Income also saw a decline of 17.6% year-on-year, with net interest margins falling to 3.32% from 4.08%.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said