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 ...
Shares of private lender IndusInd Bank Ltd. jumped over three percent on March 17 as the Reserve Bank of India (RBI) issued a statement addressing speculation regarding IndusInd Bank Ltd ...
Global brokerage firm CLSA has an 'Outperform' rating on IndusInd Bank but has lowered its price target from ₹1,300 to ₹900 per share. The revised price target suggests a potential upside of 31% from ...
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 ...
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 ...
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 ...
Shares of IndusInd Bank nosedived 27.17 per cent to close at Rs 655.95 on the BSE. During the day's trade, the stock had hit its 1 year low of Rs 649 a piece, down 28 per cent over Monday's ...
Addressing investor concerns, IndusInd International Holdings Ltd (IIHL) Chairman Ashok Hinduja has reassured that no margin calls had been triggered on pledged holdings and assured that the promoter ...
IndusInd Bank, which in the December-ended quarter saw a fall in interest income, profitability and asset quality, is in the midst of yet another negative event. The bank has reported ...
IndusInd Bank stock price: At the closing bell, IndusInd Bank shares were down 27.17% to Rs 655.95 on the Bombay Stock Exchange (BSE), marking their worst trading session ever. Listen to Story ...
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