(Adds details from earnings and conference call) MUMBAI, Oct 18 (Reuters) – Indian private lender IndusInd Bank reported a net loss for the second quarter on Saturday, in its first earnings report since a new chief executive was appointed as the lender stepped up provisions for bad loans and continued to shrink its business. The Mumbai-based bank posted a standalone net loss of 4.36 billion Indian rupees ($49.56 million) for the three months ended September, compared with a profit of 13.31 billion rupees a year earlier. Analysts had expected a profit of 6.37 billion rupees, according to data compiled by LSEG. The bank found itself in the midst of a crisis earlier this year as governance and accounting lapses surfaced, leading to the exit of its former CEO Sumant Kathpalia and deputy Arun K
UPDATE 2-India's IndusInd Bank reports net loss in first quarter after management change

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