The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses as soon as replacements are found and the central bank has approved them, ...

The Reserve Bank of India (RBI) has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses as soon as replacements are found, according to a Reuters report.

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 ...

Private sector lender IndusInd Bank announced that the bank's board decided to appoint an independent professional firm to conduct a comprehensive investigation into the discrepancies found in the ...

IndusInd Bank Ltd. said on Thursday that it's board has appointed an independent professional firm to investigate discrepancies in its derivative portfolio. In a statement to the exchanges late ...

IndusInd Bank share price: IndusInd Bank shares rose after Ashok Hinduja, Chairman of IndusInd International Holdings Ltd, stated that the bank hasn't sought fresh capital from its promoters. Despite ...

The Reserve Bank of India (RBI) has widened its investigation into derivative exposures of multiple private and state-run banks following significant accounting discrepancies revealed by IndusInd Bank ...

IndusInd Bank share news: A day after clocking its worst single-day fall since listing, IndusInd Bank share price was volatile in trade on Wednesday, March 12, 2025. IndusInd Bank stock dropped 7.7 ...

IndusInd Bank stock price declined after the private lender’s disclosure of accounting discrepancies related to internal derivatives.(Photo: REUTERS) IndusInd Bank share price declined more than ...

IndusInd Bank shares dropped 27% to Rs 656, erasing Rs 19,000 crore in market value due to a Rs 2,100 crore derivatives accounting discrepancy. The bank's net worth decreased by 2.4%. Concerns ...

Recent developments at IndusInd Bank, including discrepancies in its derivatives portfolio and uncertainties surrounding its leadership—most notably, CEO Sumant Kathpalia’s tenure extension being cut ...

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 ...