IndusInd Bank Internal Audit Head Jyoti Prasad Ratho Exits

IndusInd Bank, in its recent press release, has announced the departure of Mr. Jyoti Prasad Ratho, Head – Internal Audit of the Bank, with effect from the close of working hours on July 31, 2025, upon his superannuation from the services of the Bank.

As per news reports, over the past 33 years, Ratho has been working in audit, risk, and governance. At IndusInd Bank, he established a solutions-oriented internal audit system prioritising robust risk management. Prior to IndusInd, he held leadership posts, including Senior Group President & Country Head for Internal Audit at Yes Bank and served across multiple divisions within the ICICI Group.

IndusInd Bank Q1FY26 Earnings Results 

For the quarter ended Q1 FY26, the Bank reported a Net Interest Income (NII) of ₹4,640 crores, down from ₹5,408 crores in Q1 FY25. The Net Interest Margin (NIM) stood at 3.46%, compared to 4.25% in the same quarter last year. Quarterly Net Profit came in at ₹604 crores, significantly lower than ₹2,171 crores reported in Q1 FY25. The Bank's net worth rose marginally to ₹62,961 crores in Q1 FY26, up from ₹62,532 crores in the corresponding quarter of the previous year. 

Deposits stood at ₹3,97,144 crores, slightly down from ₹3,98,513 crores a year ago. The Gross and Net NPA ratios increased to 3.64% and 1.12% respectively, from 3.13% and 0.95% on a sequential basis, while the Provision Coverage Ratio (PCR) remained stable at 70% as of 30 June 2025. The Capital to Risk-Weighted Assets Ratio (CRAR) stood at 16.63% as on 30 June 2025, compared to 17.04% a year earlier, excluding Q1 profits. The Bank maintained a strong liquidity position, with an average Liquidity Coverage Ratio (LCR) of 141% for Q1 FY26.

IndusInd Bank Share Price Performance 

IndusInd Bank share price was trading down by 0.83% as of 12:58 PM on August 1, 2025. The stock registered a decline of nearly 8.4% in the month of July

Read More: IndusInd Bank Q1FY26 Results: Balance Sheet Grew, While Asset Quality Dented!

Conclusion

IndusInd Bank has announced that Mr. Jyoti Prasad Ratho, who served as the Head of Internal Audit, has retired from his position effective July 31, 2025, upon reaching superannuation. Consequently, he no longer remains part of the bank’s senior management team.

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