IndusInd Bank reported a Q2 FY26 net loss of Rs 437 crore, reversing a Rs 1,331 crore profit a year ago, as NII and fee income fell and asset quality pressures persisted. CASA deposits formed 31% of total deposits. Brokerages remain cautious, with Morgan Stanley at Equal-weight and Elara Capital at Sell, citing muted growth and strategic challenges under new management.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets