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The RBI is examining whether unhedged forex liabilities are an issue specific to IndusInd Bank or a broader banking problem. IndusInd Bank disclosed discrepancies in its derivative portfolio, possibly ...
Interest Income Bank 45,748.21 36,367.92 30,822.44 28,999.80 ...
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IndusInd Bank Limited is one of the fifth largest private sector bank in India. The Bank's business lines include Corporate Banking Retail Banking Treasury and Foreign Exchange Operations Investment ...
IndusInd Bank's shares plummeted 20% to a 52-week low of Rs 720.50 due to discovered accounting irregularities in its forex derivatives portfolio. Several brokerages downgraded their ratings ...
IndusInd Bank garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two years, as the lender shored up its funding base after disclosing accounting lapses.
Following the disclosure that it had found discrepancies in its derivatives portfolio, IndusInd Bank has aggressively tapped the certificate of deposits (CD) market to raise funds amid a flight of ...
IndusInd Bank anticipates a 2.35% drop in net worth by December 2024 due to internal account discrepancies. Despite this, the bank remains confident about its profitability and capital adequacy.
IndusInd Bank Share Price: IndusInd Bank’s shares fell over 5% on Tuesday early morning trade following the private sector lender’s announcement that it has been hit with a penalty of Rs 30.15 crore ...
IndusInd Bank Ltd. said on Monday that it has identified accounting discrepancies of 2.35% of the bank’s net worth as of December 2024 in its derivatives portfolio during an internal review and that ...
Mumbai: The country's fifth largest private lender IndusInd Bank saw its shares plummet nearly 27 per cent on Tuesday after it reported a massive discrepancy in the forex derivative portfolio ...