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News Topical, Digital Desk : IndusInd Bank News: Before the market opened on Tuesday, IndusInd Bank has given big information about its management. The company has informed through exchange filing that it has appointed Pragati Gondhalekar as the head of its internal audit team. This is being considered an important step to strengthen the internal control of the bank.
The appointment comes after the bank's new managing director and chief executive officer (CEO) Rajiv Anand took over.
The bank has been facing several resignations in senior positions since April, including that of CEO Sumant Kathpalia, following reports of irregularities in derivatives accounting and the books of microfinance institutions (MFIs). The irregularities in the microfinance book have been treated as fraud against the bank. Prior to IndusInd Bank, Pragati Gondhalekar was working as the country head of group audit for India at Deutsche Bank. She has held leadership roles at several other prestigious organizations including L&T Financial, PwC. The bank's net profit fell 68% in the June quarter over the previous year, driven by changes in provisions. Shares rose 1.73% yesterday On September 1, 2025, IndusInd Bank's stock closed at Rs 752.70 with a gain of Rs 12.80. The stock opened at Rs 744.80 during the day's trading and touched a high of Rs 753.45, while the day's low was Rs 741.90. In the last 52 weeks, the stock has reached a high of Rs 1,498.70 and a low of Rs 605.40. The company's full market cap was recorded at Rs 58,641.05 crore and free float market cap at Rs 49,436.98 crore. The turnover was Rs 6.14 crore, while the total traded quantity (TTQ) was 0.82 lakh shares. IndusInd Bank's EPS (TTM) was 15.08 and PE ratio was 49.91.
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