Markets regulator Securities & Exchanges Board of India is also likely to start a preliminary inquiry into the matter.
On Tuesday, March 11, shares of IndusInd Bank Ltd., experienced a significant drop of 27%. The stock hit a 52-week low of Rs ...
One of India's top private banks is setting a fresh test for the sector. On Monday IndusInd Bank reported it had discovered ...
IndusInd Bank CEO Sumant Kathpalia assured profitability in Q4FY25 despite derivative losses. He confirmed the bank's Capital ...
In today’s newsletter, lots of space for SpaceX in India, with both Bharti Airtel and Reliance Jio announcing partnership ...
MUMBAI: More skeletons are tumbling out of the messy cupboards of Indusind Bank, with the two top-dogs of the troubled lender ...
India's audit watchdog had found shortcomings in some processes of MSKA & Associates, one of the bank’s statutory auditors, as per a report by National Financial Reporting Authority in January.
IndusInd Bank CEO addressed concerns about discrepancies in the bank’s internal review of accounts related to its derivatives ...
IndusInd Bank's shares plummeted 27% after the bank revealed a Rs 2,100 crore discrepancy in its derivatives portfolio, ...
RBI may prefer public sector banker to replace IndusInd Bank CEO amid concerns over balance sheet and leadership.
Over the next few quarters, CLSA said that there will be lingering uncertainty over more skeletons in the closet and ...
India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank ...