ENA Sectors 2025-08-11 14:34:40 <p><span style="font-size:14px"><strong>New Delhi, Aug 11 (KNN)</strong> IndusInd Bank is planning to strengthen its retail lending, expand MSME assets, and grow its rural banking presence in FY26 as part of its post-restructuring strategy.</span></p> <p><span style="font-size:14px">The bank aims to focus on secured retail loans, home loans, affluent banking, merchant-acquiring, and micro-market distribution while integrating operations under its One Bank approach for greater efficiency.</span></p> <p><span style="font-size:14px">Chairman Sunil Mehta described FY25 as a period of introspection for the bank following major accounting irregularities.</span></p> <p><span style="font-size:14px">In the March quarter, IndusInd reported a consolidated net loss of Rs 2,329 crore, driven by a Rs 1,979 crore derivatives accounting lapse, Rs 674 crore wrongly recorded as microfinance interest, and Rs 595 crore in unsubstantiated other assets balances.</span></p> <p><span style="font-size:14px">To address these setbacks, the bank has introduced stronger governance measures focused on ethics, transparency, and accountability.</span></p> <p><span style="font-size:14px">The management has committed to long-term sustainable growth built on robust internal controls and prudent risk management.</span></p> <p><span style="font-size:14px">Despite the recent financial impact, the banks fundamentals remain stable, with strong capital adequacy, high provision coverage, and sufficient liquidity.</span></p> <p><span style="font-size:14px">This foundation is expected to support its renewed growth push in the coming fiscal year.</span></p> <p><span style="font-size:14px">The bank will also scale up its rural operations under the Bharat Banking initiative, targeting deeper market penetration in underserved areas.</span></p> <p><span style="font-size:14px">Corporate lending will remain selective, ensuring alignment with the banks revised focus on stability, trust, and sustainable expansion.</span></p> <p><span style="font-size:14px">By rebalancing its portfolio towards retail and MSME lending, IndusInd Bank aims to position itself for steady growth while regaining investor and customer confidence in the aftermath of a challenging year.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43119 https://knnindia.co.in/news/newsdetails/sectors/indusind-bank-targets-retail-msme-and-rural-growth-in-fy26 2025-08-11 14:34:40 knnindia.co.in