Mumbai: IndusInd Bank’s share fell over 5 per cent on Tuesday after the bank informed that GST authorities in Thane, Maharashtra, had imposed a penalty of more than Rs 30.15 crore due to several ...

IndusInd Bank has appointed a professional firm to investigate the root cause of accounting discrepancies relating to its derivatives portfolio. As per an estimate, ₹2,100 crore discrepancy in ...

IndusInd Bank appoints a firm to investigate accounting discrepancies in its derivatives portfolio, impacting 2.35% of net worth. The bank is assessing the impact and identifying the root cause. New ...

IndusInd Bank Ltd shares were trading higher in Wednesday's trade after the fresh management commentary and the raising of Rs 11,000 crore funds by the private lender via certificates of deposit ...

IndusInd Bank has appointed Grant Thornton to conduct a forensic review in the accounting discrepancy case. Image: Reuters IndusInd Bank has not sought any fresh capital from its promoters even ...

IndusInd Bank’s borrowing cost has increased by 15 basis points (bps) in a week, amid derivative loss and looming credit assessment downgrade fears. On Monday, the lender raised ₹11,000 crore by ...

IndusInd Bank Share Price: Shares of IndusInd Bank Ltd rose 2% in Tuesday’s trade, marking a second consecutive day of gains, after credit rating agency Moody’s affirmed its ‘Ba1’ long-term foreign ...

IndusInd Bank, despite an accounting discrepancy impacting its net worth, has not sought fresh capital from its promoters. IIHL, its promoter, plans to increase its stake from 16% to 26% and commits ...

the promoters are willing to inject capital into IndusInd Bank. However, at the present time, the bank's capital adequacy level is satisfactory and there is no immediate requirement for additional ...

The RBI has advised depositors and investors not to react to unverified reports regarding IndusInd Bank and instead trust official statements and regulatory updates. Listen to Story RBI assures ...

A key factor that could drive IndusInd Bank’s recovery is the appointment of a new CEO with a longer-term tenure, according to Pranav Gundlapalle, Senior Analyst for India Financials at Bernstein. He ...

IndusInd Bank's promoters, Hinduja Group, are looking to increase their stake despite a recent accounting discrepancy that led to a loss in net worth. The bank's CEO received a one-year extension, ...