Standard Chartered India Profit Rises 15% in 2025 Amid Lower Expenses and Provisions
3 hours agoBusiness
32LENS
2 SourcesIndia
TBNthebalanced.news

Standard Chartered India Profit Rises 15% in 2025 Amid Lower Expenses and Provisions

Standard Chartered India's profit before tax rose 15% to $542 million in 2025, supported by lower expenses and provisions despite a 3% decline in operating income. India advanced to fourth place in global profit contribution as China's profits fell 24%. Total loans in India decreased 5% to $12.28 billion. Globally, the bank's pre-tax profit grew 16% to $7.90 billion, aided by a $238 million gain from selling Solv India. The bank plans to focus on expanding its wealth management business.

Political Bias
0%100%0%
Sentiment
70%